Best suited for limited companies, SMEs, corporates and sole proprietors.

Target Market


Partnerships, Sole proprietors and Corporate entities, SMEs


Key Features & Benefits


One free monthly e-statement

Free access to online banking platform

Salary processing platform (charges negotiable)

Dedicated Relationship Manager

This product is available in KES, USD, GBP and EURO


Terms


No minimum balance

No limit to number of withdrawals and deposits per day

Free inward RTGS


Banking Channels


Online banking

Aggregated PayBill and Till Number

Withdrawal at all Sidian Bank branches

Direct deposit to account via Pay Bill number 111999

Sidian Visa Debit/Credit Card (Depending on Account Mandate)


Fees & Charges


Opening balance of KES. 2,000.00, USD. 200.00 (FX equivalent of USD. 200.00)

Ledger fee of KES. 300.00 (USD. 5.00) for the first 15 transactions and KES. 20.00 for each extra transaction.

All charges are subject to applicable tax


Ideal for investment groups, chamas or savings group with a common agenda to accumulate savings for investments.

Target Market


Investment Groups, Chamas or Savings Groups.


Key Features & Benefits


One free monthly e-statement

Group training (Investment related training offered by the bank)

Available in KES, USD, GBP and EURO

Free inward RTGS

Cheque book

Free deposits


Terms


Minimum balance of KES. 2,000.00 (FX equivalent USD. 200.00)

Opening balance of KES. 2,000.00 (FX equivalent USD. 200.00)

No Ledger Fees


Banking Channels


Withdrawal at all Sidian Bank branches

Online Banking

Direct deposit to account via Pay Bill number 111999


All charges are subject to applicable tax


An interest earning current account best suited for businesses.

Target Market


Institutions, Sole proprietors and Corporate entities, SMEs


Key Features & Benefits


Premium financing

Competitive interest rates

Free deposits

Unlimited Withdrawals

No bank charges if the account has average account balance above KES. 500,000.00


Terms


No limit to number of withdrawals and deposits per day

Free inward RTGS


Banking Channels


Online banking

Aggregated PayBill and Till Number

Withdrawal at all Sidian Bank branches

Direct deposit to account via Pay Bill number 111999

Sidian Visa Debit/Credit Card (Depending on Account Mandate)


All charges are subject to applicable tax


A current account for project management committees, Government Entities, Institutions and NGOs.

Target Market


NGOs, Government Institutions and any other institution.


Key Features & Benefits


One free monthly e-statement

Free access to online banking platform

Salary processing platform (charges negotiable)

Dedicated relationship manager

Available in KES, USD, GBP and EURO

Free inward RTGS

Inward EFT at KES.100.00


Fees & Charges


Over the counter (OTC) withdrawal fee of KES. 100.00


Terms


Nil opening balance

Nil ledger fees

No minimum balance

No limit to number of withdrawals and deposits per day

No cash handling for deposits


Banking Channels


Online banking

Aggregated PayBill and Till Number

Withdrawal at all Sidian Bank branches

Direct deposit to account via Pay Bill number 111999

Cheque book

All charges are subject to applicable tax