Diaspora Banking
Jamhuri Bouquet of Products
Looking to invest back home? Chase Bank offers a
unique one-stop-shop financial solution that offers
you competitive products complimented with world
class, trustworthy customer service.
Our accounts are designed to give you the global
one stop shop. Chase Bank Kenya Ltd offers a wide
range of products to suit all your banking needs. Start
saving now and let our Diaspora dream-team take
care of all your banking needs back home.
Current and Savings Accounts
Jenga Jamhuri Account
The Jenga Jamhuri account is a transactional
account that gives you the freedom to carry out
transactions from wherever you are in the diaspora,
through our internet-banking.
Benefits
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Ledger fees
Nil
Affordable minimum balance Kshs. 5,000.
ATM/Debit Card & Prepaid cards available
Monthly/Quarterly e-statements
Free Transaction advise
Free investment research & financial
consultation
Access to credit facilities and bank financing
Internet Banking
Ability to sweep funds to a Fixed Deposit
Account Kshs. 100,000
Available in all major currencies >250 (USD,
AUD, GBP,EUR, ZAR) or equivalent
Jivunie Savings Account
Thinking of buying a prime property back home,
planning a Kenyan wedding in style, mortgage down
payment, relocation/retirement or building loved
ones in Kenya their most awaited dream house? Start
saving with Jivunie Savings account.
Benefits
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Affordable Minimal balance
Kshs. 5,000
Ledger fees
Nil
One withdrawal per quarter
Automated monthly online statements
24 Hr banking available (E-statements and
Internet banking)
• Free local incoming transfers
• Ability to sweep funds to a Fixed Deposit
Account Kshs. 100,000
• Available in all major currencies >250 (USD, AUD,
GBP,EUR, ZAR) or equivalent
Jamhuri Pebble Account
Saving for the future is not only for grown-ups. Give
your kids an early head start towards a secure
financial future.
Benefits
• Opening Balance
Kshs. 2,000
• Minimum Balance
Kshs. 2,000
• Monthly online statements
• 1 Free Bankers Cheque per quarter
• Ability to sweep funds to a Fixed Deposit Account Kshs. 100,000
• An E-card every year on account holder’s
birthday.
• 24 Hr Banking available (E-Statements, Internet & Mobile Banking)
• Email alerts on various events and financial advice
for the young savers.
• Available in all major currencies >250 (USD, AUD,
GBP,EUR, ZAR) or equivalent
The Jamhuri Pebble Account holder will
automatically graduate and become a Jivunie
Account holder on their 18th birthday.
Wekeza - Chama/Investment Account
Once you pool your funds together, it’s always
exciting to watch your money grow. You and your
investment group/ chama will have access to various
financing options that will propel your group even
further. Our Wekeza loans are tailored with the vision
to look beyond your fixed assets, and enable you
to take advantage of every available investment
opportunity back home.
Benefits
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Ledger fees
Nil
Affordable minimum balance Kshs. 10,000.
Free internal transfers and unlimited cash deposits
Secure safe keeping of all vital documents with
Chase Bank custodial department.
Free Jivunie Savings Account for members.
Competitive rates on loans using your Chama
assets as collateral
Statement of individual contributions issued
monthly.
Swift, efficient collection of accruing
investments ensuring maximum returns and
timely settlement of all transactions.
Free Automated Transaction Advice
Available in all major currencies >250 (USD, AUD,
GBP, EUR, ZAR) or equivalent
Jamhuri Asset Financing Options
Property Financing-Vacant Land
Through the Jamhuri property financing, you can be
the proud owner of a residential property in Nairobi
and Mombasa. Revive your ultimate Kenyan dream
of owning prime property back home while still far
from home.
Benefits
• Maximum loan tenure of 5 years
• Ideal maximum loan amount of Kshs. 20,000,000
• We will finance a maximum of 50% of the
purchase at a price competitive variable interest
rate
• Collateral accepted: Legal charge over the
vacant land property, current value of NSE shares
portfolio and Treasury Bonds.
Construction Mortgage
With this product, homeowners can unlock the value
of their homes or fully owned prime undeveloped
land by borrowing money against the land/property
for construction purposes.
Benefits
• The loan amount should be at least Kes 1 million
• The maximum loan repayment period is 5 years
• With our mortgage feature, you can make lump
sum payments on your Home loan account at no
penalties.
• Approval within 2 days upon receipt of required
documents.
• Embedded credit life protection insurance in the
loan repayments.
• Competitive variable interest rates linked to the
Bank’s base rate.
• Bank’s lending criteria is 70:30 where the Bank
finances 70% of the Construction cost and client
contributes 30% of the total cost.
Insurance for you and your family
Chase Assurance Agency provides insurance
services for the Global Kenyan. Through us you can
be rest assured that both your family and your assets
are well catered for. Chase Assurance is registered
and regulated under the Insurance Regulatory
Authority (IRA).
We work towards ensuring that your insurance needs
are adequately covered under one roof, making it
a lot easier to care for your loved ones back home.
Our products include:
Health Insurance: Your family’s health back home
need not be a source of stress! With our insurance
cover options, you can sit back, relax and we will
take care of them. Health insurance is our business,
sign up and we have you covered.
Personal accident: Accidents are nature’s way of
showing us that we are vulnerable to the elements.
With Chase Assurance on your side you don’t have
to worry about acts of nature because we do that
for you. Do the smart thing, get your cover today
and leave the rest to us.
Travel Insurance: There is always a relative heading
towards you loaded with Kenyan tea. Our travel
cover was created with them in mind. As they buckle
their seat belts we buckle ours to ensure that they are
fully covered throughout their overseas travel. Take
our travel cover insurance for your loved ones and
have peace of mind as they cross over continents
back and fourth.
Property Insurance: Building for commercial
purposes? Your property back home is your security
blanket. Whether it is pre-existing or under construction
we at Chase Assurance will insure it for you. No matter
how often you visit, you can go about your business
knowing that your property is well covered.
Alternative Investment Options:
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Investing in Nairobi Stock Exchange via Genghis Capital.
(www.genghis-capital.com)
Offshore Investment Advise through Winton Investment
Services. (www.winton-investments.com)
Microfinacing solutions through Rafiki Deposit Taking
Microfinance (www.rafiki.co.ke)
Custodial Services - safekeeping of your important
documents and asset portfolio back home.
Chase Iman - Shariah compliant banking.
(www.chaseiman.com)
Trade Finance - Whether transacting locally or internationaly,
we understand the business of trade and tailor make
solutions.
Chase Mosaic - Asian community based banking.
Jijenge Biashara Account
Transactional Current Business Account
This account is tailored for the business that is looking
for everyday banking while away from home without
the hassle of long queues and delays in the banking
hall.
Main features:
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Minimum Opening Deposit
Kes 20,000
Affordable Operating Balance Kes 5,000
Ledger Fees - Minimum Kes 350
Monthly Statement - Free
Cash Deposit Handling - No Cash handling for
amounts below Kes 500,000. For Deposits over
Kes. 500,000 - 0.50%
• ATM Cards & Cheque Book - Available
• Available in all major currencies >250 (USD, AUD,
GBP, EUR, ZAR) or equivalent
• Access to Safe Deposit Lockers but at a fee
Other Benefits
• The Account is assigned a dedicated Relationship
Officer to provide personalized service and keep
the client informed of daily market trends.
• Free Cash handling for amounts below 500,000
• Free Internal transfers within Chase Bank Branches
• Free Automated Monthly Statements
Account Opening Requirements
Personal account (Individual/Joint/Student/
Children’s)
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Copy of ID/Passport (of Guardian if Children’s
Account)
Valid passport with entry permit (Foreigners)
2 Passport size photos (of Guardian if Children’s
Account)
Residential Address verification document e.g. {*Utility
bill or *Current bank statements or *Driver’s License
or *Employer’s contract letter of reference & *current
pay slips (if salaried) or *Mortgage statements or,
*letter from learning institution (if student) or *Birth
Certificate (for those under 18 years)}
*PIN Certificate
Application form duly completed and signed
Email Indemnity Instructions signed and witnessed by
a Notary Public (foreign bank) or Lawyer
Funds must be availed upon application for account
activation
Sole Proprietorship
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Certificate of registration
ID/Valid Passport Copy
Valid passport with entry permit for Foreigners
2 Passport size photos
Physical Address verification document e.g. {*Utility bill
or *Lease Agreement or bank statements}
*PIN Certificate of sole proprietor/business
Trading License
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Application form duly completed and signed
Email Indemnity Instructions signed and witnessed by a
Notary Public (foreign bank) or Lawyer
Limited Liability- Company
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Certificate of Incorporation
ID/Valid Passport Copy of Directors & authorized signatories
Memorandum & Articles of Association
Board resolution (supplied to Bank) with Company Seal
2 Passport size photos of directors & authorized signatories
Physical Address verification document e.g. {*Utility bill or Lease
Agreement or bank statements}
*PIN Certificate of company & directors
Application form duly completed and signed
Societies, Associations, Investment Clubs, NGOs
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Certificate of Incorporation
Copy of Constitution or deed
ID/Valid Passport Copy of authorized signatories or
office bearers
2 Passport size photos of authorized signatories or office
bearers
Extract of minutes of the Board in agreement to open
an account
Physical Address verification document e.g. {*Utility bill, or
*Lease/rental agreement or* Current bank statements}
Application form duly completed and signed
Email Indemnity Instructions signed and witnessed by a
Notary Public (foreign bank) or Lawyer
Institutions & Private Bodies
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Account Forms under others as “association”
Letter from respective ministry (signed by minister/PS)
Minutes from Board committee on the elected
members & signatories
Board resolution
ID/Valid Passport Copy of authorized signatories
2 Passport size photos of authorized signatories
Physical Address verification document e.g. {*Utility
bill, or *Lease/rental agreement or* Current bank
statements}
Application form duly completed and signed
Email Indemnity Instructions signed and witnessed by
a Notary Public (foreign bank) or Lawyer
*Funds must be availed upon application for account
activation*
Foreign Exchange
Chase Bank offers competitive foreign exchange
rates, easier, faster and efficient foreign exchange
transactions for all major currencies; USD, EUR, GBP,
ZAR, AUD, JPY and (INR) Indian Rupee.
For 1 stop financial solutions
mic Banking
The Relationship Bank
Subsidiary Companies
sociate Companies
The Relationship Bank
Diaspora Banking Team
Chase Bank Kenya Ltd
Central Office, Riverside Mews.
P.O. Box 66049-00800,
Nairobi, Kenya
Tel: +254 20 277 4000 / 233 / 277
Mobile: +254 738 292 906
Fax: +254 20 445 4816
Email: [email protected]
Facebook.com/ChaseBankKenya
Twitter: @Chasebankkenya
Chase Bank (Kenya) Ltd is ISO 9001 :2008 certified.