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Current Accounts

Medium Enterprise Current Account

A transactional Cheque account for Small and Medium Enterprises

Features
  • 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  • Initial depositof MWK 30,000 which may be withdrawn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.


Associations, Clubs,  NGOs  and Trust Current Account

A transactional Cheque account for Associations, Clubs and NGOs

Features
  • 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  • Initial depositof MWK 30,000 which may be withdrawn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:

Clubs and Associations: letter of Introduction from community leaders (Pastor if it is a church group or chief if it is a community group), minutes of the meeting where the decision to open the account was made, constitution of the group, valid IDs for signatories – Passport, Driving license

NGOs: Certificate of Registration, Memorandum and Articles of Association/Constitution/Trust Deed, Details of Sponsor, Board resolution to open an account, Valid IDs for signatories - Passport, Driving license. 

Coronavirus (COVID-19) Update

NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak.

 
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