Current Account
Current Account
With Saba African Bank, the entities are granted a current account that allow them to perform daily transactions with ease and convenience through a combination of branches and internet banking services along with a range of services and benefits.
Benefits:
- Cash and cashless withdrawals and deposits.
- Obtaining checkbooks in local and foreign currencies.
- Performing internal and external transfers for the purposes of the activity.
- Receiving incoming local and international transfers for the purposes of the activity.
- Paying employees' salaries through the bank.
- Financing the employees of the entities.
Account Opening Requirements:
- Fill in the account opening form.
- An official letter of the authorized signatories from the respective authority.
- A copy of the approved documents and permits from the respective authorities.
- A copy of the Articles of Association of the entity.
- A copy of the identity card or passport of the authorized signatories.
- A 4×6 photo of the authorized signatories.