This product is designed for Kenyans living abroad only. It has no monthly charges and has the added value of access to mortgage facilities.
Features
• Minimum opening balance equivalent of Kshs 5,000.
• No monthly maintenance fee.
• Preferential rates on foreign exchange
• Minimum profit earning amount Kshs 10,000 or equivalent in another currency.
• Free transfers within our Gulf African Bank accounts even to local beneficiaries.
• Option of joint account holder and two ATM cards.
• Free monthly standing order to accounts within Gulf African Bank
• Quick and easy global transfer of funds through our corresponding banks
• Access to mortgage finance product
• Access to investment products e.g. Term deposits at preferential rates
Requirements
• Kenyan new generation National Identity Card or Kenyan passport
• Two recent photographs
• Declaration of source of funds
• Address confirmation by either:
- Latest utility bill (not more than 3 months)
- Latest one month bank statement; or
- Introduction by a Gulf African Bank account holder , GAB staff or your employer
