A transactional Cheque account for Small and Medium Enterprises
- No minimum balance
- Initial depositof MWK 30,000 which may be withdrawn
- Customers can access funds from any NBS Service Centre
- Interest is paid annually
Account opening requirements:
Sole Proprietors: Business Registration certificate and ID documents such as Valid passport or driving license. Proof of residence: Latest water bill or Electricity bill
Partnerships: Partnership Deed and Registration certificate. ID documents such as Valid Passport or Driving license. Proof of Address: Latest Water bill or Electricity bill. Letter from Partners approving the persons concerned to open and operate the account.