Orchard Premium Account
Orchard Premium Current Account
This is a transactional interest earning account that is geared towards individuals who are
building deposits for projects as well as those who intend to amass deposits but desire periodic
access to the funds.
Features of the Orchard Premium Account
- Account opening balance of KES 50,000.00
- Operating balance of KES 50,000.00
- Minimum monthly transaction fee of KES 350
- No transaction fees payable where minimum balance of KES 50,000 is maintained throughout the period, (month)
- Four free withdrawals per month
- Below operating balance – transaction fee per entry of KES 50
- Excess withdrawals charged at KES 300 per entry
- ATM withdrawals at KES 30 per transaction
- Incoming transfers at no extra charge (EFT)
- Cheque book available
- Free International Visa Debit card
- Access to an International Visa Credit Card *conditions apply
- Free NIC ATM cash & cheque deposits
- Access to Mobile & Online Banking (Transactional fees apply)
- Free Access to a Linked savings account
- Free Quarterly statements
- Access to the NIC Customer Contact Centre for issue resolution and transactional advice
- Free funds transfers between NIC accounts
- Monthly transaction fee of Kes 350.00 per month
- Waiver on first four transactions per month, KES 50 per transaction thereafter
- Available in Kenya Shilling (KES), US Dollar (USD), British Pound (GBP) and Euro (EUR) currencies
Account Opening Requirements
- Original and copy of National Identification Card or valid Passport.
- Introductory Letter from Employer – Salary Account.
- Latest Payslip – Salary Account.
- Introduction by Referee (NIC Bank Account Holder).
- Original and copy of your Current Utility Bill.
- Copy of PIN certificate
- One (1) Colour Passport Size Photo
- Duly completed and signed Account Opening Application Form, (inclusive of signed General
- Terms & Conditions) Account Opening Balance – KES 2,000.00 (plus KES 100.00 Stamp Duty)
