The two Gulf African Bank 's Salary accounts are designed to give you choice and flexibility.
1. Bundled Salary Account
This product is for salaried individuals only. It is targeted at those who would rather pay a flat fee for a bundle of services.
Features
• Minimum Account Opening Balance – Kshs 5,000.
• Monthly flat fee of Kshs 490. There will be no monthly fee for customers who maintain a minimum balance of Kshs 100,000 throughout the month.
• Free salary processing
• Dedicated account relationship officer
• Free first ATM card.
• Free GAB ATM Cash withdrawals
• Free monthly internal standing orders to savings account
• Free cash transfers within our Gulf African Bank branches
2. Pay as you use salary account
This product is for salaried individuals only. It is targeted at those who want to only pay for what they use. The account has no monthly charges, but every service comes at a cost.
Features
• Minimum Account Opening & Operating Balance – Kshs 1000.
• No monthly ledger fees.
• Free cash transfers within our Gulf African Bank branches
• Free monthly internal standing orders to GAB savings account
• Free first ATM card.
• Cheque book available on request.
• Counter withdrawals by cheque book will be charged a Kshs 30 fee.
Requirements for opening a Salary account
• Copy of salary/pay slip
• Copy of national I.D./Military ID/Passport/Alien Certificate (if foreigner, work permit is required)
• Two recent passport size photographs
• Reference from employer or introduction letter from a person operating a valid account OR copy of latest utility bill/proof of residence
• Copy of PIN certificate
