NIC Bank accounts

ACCOUNT NAME:

Move Account (PAYG)

ACCOUNT TYPE:

Current Account

BENEFITS:

• Free incoming salary transfer

• Free VISA electron card

• Free cheque books per year

• Unlimited monthly standing orders

• Mobile banking

• Internet banking

• Stock trading

• Free local transfers

• Free monthly statements

• Negotiated Forex Rates

• Stock trading

FEES:

• KS30 per transaction(minimum of 10)

• KSH 350 Minimum transactions fees per month

ACCOUNT NAME:

NIC Gold Account

ACCOUNT TYPE:

Current Account

BENEFITS:

• Free incoming salary transfer

• Free VISA electron card

• Free cheque books per year

• Unlimited monthly standing orders

• Mobile banking

• Internet banking

• Stock trading

• Free local transfers

• Free monthly statements

• Negotiated Forex Rates

• Stock trading

ACCOUNT NAME:

Platinum Account

ACCOUNT TYPE:

Current Account

BENEFITS:

• Free incoming salary transfer

• Free VISA electron card

• Free cheque books per year

• Unlimited monthly standing orders

• Mobile banking

• Internet banking

• Stock trading

• Free local transfers

• Free monthly statements

• Negotiated Forex Rates

• Stock trading

ACCOUNT NAME:

Young Movers

ACCOUNT TYPE:

Savings Account

BENEFITS:

• Free for children below 18

• 4 Free banker’s cheque per annum

• Earns high interest rate – minimum payable is 70% of the prevailing Central Bank Rate

• Access to exclusive events organized by the Bank

• Opening balance of Ksh 2,000

• Minimum Interest earning balance of Ksh. 5,000

• No Ledger fee / monthly charges

• No charges for incoming transfers

• 4 free withdrawals per annum

FEES:

• No monthly ledger fees

• Minimum opening balance of KSH 2000

• Minimum interest earning balance of KSH 5000

ACCOUNT NAME:

NIC Saver

ACCOUNT TYPE:

Savings Account

BENEFITS:

• Available in all major currencies

• Earns high interest rate – minimum payable is 70% of the prevailing Central Bank Rate

• Interest is payable every month

• Opening/Minimum operating Balance Kshs 5,000

• Minimum Interest Earning balance Kshs 20,000

• Free Incoming Funds Transfers

• Free Standing Orders

• No Ledger Fees

• One withdrawal allowed per month

• Free quarterly e statement

FEES:

• No monthly ledger fees

• Opening balance of KES 5,000

• Minimum interest earning balance of KES 20,000

ACCOUNT NAME:

Move Account(Flat Fee)

ACCOUNT TYPE:

Current Account

BENEFITS:

• Free incoming salary transfer

• Free visa debit card

• Free NIC ATM cash withdrawals

• 3 free checkbook per annum

• Unlimited standing orders per month

• Telephone banking through the Customer Contact Centre

• Internet banking

• Mobile banking

• A maximum withdrawal of KSH 40,000 per day from an NIC ATM

• NO ledger fees when minimum balance is maintained at KSH 500,000

FEES:

• Monthly service fee of KSH 800

ACCOUNT NAME:

NIC Salary Account

ACCOUNT TYPE:

Transaction Account

BENEFITS :

• Opening balance of KSH 1000

FEES:

• No monthly ledger fees

• KSH 50 per transactions

• KSH 100 for incoming salary processing