NIC Entrepreneur Account

We are pleased to introduce to you the new NIC Entrepreneur Account, a contemporary new business service from NIC that provides a customized business solution for your individual business needs. There is a wide range of banking products to suit your business, regardless of the industry in which you operate. Once you open an NIC Entrepreneur Account you will have access to the following advantages and benefits:

One Stop Shop banking experience. The NIC Entrepreneur solution is designed to give you a central point of reference to ensure that all your needs ranging from Transactional, Cash Flow Management, Insurance, Asset Finance, Cash Management and Investments are addressed.

Partnership: Your dedicated Business Development Manager will work with you to identify banking solutions from our wide array of tailor made products and services suitable for the growth of your business.

Capacity Building and Networking: The NIC Entrepreneur Club is another new service for business people that aims at providing a networking opportunity for you while providing you with business skills that build your capacity grow as business.

Convenience : take advantage of the innovative channels that allow you to easily access your account through multiple channels e.g. ATM, Mobile Banking, Online Banking and our Customer Contact Centre

NIC Entrepreneur Account Features:

- A choice of Transactional Current Accounts (Flat Fee, Pay as You Go, Zero Ledger Fee)

- Access to a Business Development Manager

- Access to NIC Entrepreneur Club - Access to NIC Online

- Access to NIC Mobile Banking (with M-PESA transfers)

- Free Monthly Statements

- Trade Finance (Guarantees)

- Access to Credit Facilities

- Treasury Services: Foreign Currency trading

- Access to International Visa Debit Card

- Cheque Book for your convenience

- A choice of free Business Savings Accounts

NIC Entrepreneur Account Opening Requirements:

Limited Companies

Certified copy of the Certificate of Incorporation

Certified copy of Memorandum & Articles of Association

Resolution of Board of Directors

ID or Passport copies of Directors

Business PIN Certificate

One passport size photo of each Director

Copy of a Utility bill

List of Directors (plus addresses for all)

Power of Attorney (Foreign Companies)

Opening Deposit- Minimum Ksh 22,000

Sole Proprietorship

Certified copy of the Certificate of Registration

ID or Passport copy of the Sole Proprietor

Sole Proprietor's copy of PIN Certificate

Passport size photo of the Sole Proprietor

Copy of a Utility bill

Opening Deposit- Minimum Ksh 22,000

Partnership

Certified copy of the Certificate of Registration

ID or Passport copies of the Partners

Partnership Mandate

Copy of the Business PIN Certificate

One passport size photo of each Partner

Copy of a Utility bill

Opening Deposit- Minimum Ksh 22,000

Schools/ Club/ Society/ Association

Certified copy of the Certificate of Registration

Certified copy of Rules/Constitution

ID or Passport copies of Managing Committee

Resolution to open an Account at NIC Bank or Minutes

One passport size photo of each member of the Managing Committee

Copy of a Utility bill

List of Members of Managing committee

Opening Deposit- Minimum Ksh 22,000

For more information on the NIC Entrepreneur Account and the NIC Entrepreneur Club please speak to a Business Development Manager at your nearest NIC Branch or call the Customer Contact Centre on 020 2888217/0711 041111 or email us at info@nic-bank.com