Do you run a small business? We have designed this account for small business owners and low income earners, being your partner as you work towards achieving your big vision.

Benefits

VISA Debit Card Issued

Gain access to a VISA debit card that you can use at ATMs and to make VISA payments.

No Monthly Charges

No monthly maintenance or ledger fees are required to run this account.

Affordable Account

Low opening and operating balance of only SSP 100 or USD 50.

What We Need From You*

  • Two recent colored passport size photos.
  • Original and photocopy of National ID or passport.
  • VISA for foreign students.
  • Letter from learning institution or letter of admission.
  • Minimum opening balance as applies.
  • Copy of Student ID.

Rates & Fees*

  • Minimum opening balance – SSP 40; USD 20.
  • Cheque books – 50 leaves SSP 1,000 (USD 20); 100 leaves SSP 2000 (USD 40).
  • SSP counter cheque/current account debit voucher – SSP 150 (USD 15) per request.
  • USD counter cheque/current account debit voucher – 2% (USD 15) per entry.
  • Ledger fees – SSP 10 (USD 2) per transaction.
  • Handling fee for inward unpaid cheque – SSP 400 (USD 15) per cheque.
  • Cheques returned unpaid due to:
    • 1. Insufficient funds in account – SSP 1000 (USD 40) per cheque.
    • 2. Technical reasons and payment stopped – SSP 400 (USD 20) per cheque.
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