Foreign Currency Account
This is a transactional account in foreign currency.
Salient Features:
– Minimum balance equivalent to Kshs 10,000.00
– Unlimited deposits and withdrawals.
– Free monthly statement
– Account can be opened in US Dollar {USD}, Sterling Pounds {GBP} Euro and Rand
– Interest rate is negotiable in case the funds are held in fixed deposit
– Domestic Foreign Currency Cheques cleared through local clearing system
– Cheque book facility