African Banking Corporation Limited Global Savers Account Details

Rates available from as of November 2023
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African Banking Corporation Limited

Global Savers Account
Interest Rate
4
%
-
4
%
(per year)
Min Interest Earning Balance
Ksh
10000
Interest Payout
Quarterly
Withdrawal Limit
Monthly
No account fees
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Account Fees:

  • Withdrawal fees: 0
  • Maintenance fees: 0
  • Statement fees: 0

Account Details:

  • Minimum Opening balance: 5000
  • Interest Payout: Quarterly
  • Withdrawal Frequency: Once a Month
  • Currency options: KES,USD,SA Rand, EUR,GBP
  • Account opening process: Branch

Documentation Requirement:

  • National ID
  • Passport Photo
  • KRA Pin
  • Introducer's Letter(For new Customers)
  • T&C Link

Money254 Review

Pros:

  • Available across major FCY
  • Interest rates are relatively high(4%)
  • Interest is paid out quarterly

Cons:

  • Account only earns interest if balance is 10k+
  • Opening balance of 5k required

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