Bank on better
Business Banking Products
OUR BUSINESS IS ABOUT COMMITMENTS
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Reliable banking products for smart businesses
At National Bank, we believe that you need a reliable banking solution to help you grow
your business.
That’s why we offer you our business banking products so that while you work hard to run your business, we
work hard to support you.
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Business Savings Account
Business Current Accounts
Provides a convenient saving solution for your business,
plus easy access to your cash reserve.
Consisting of investment, transaction and lending
solutions, this account is tailored to complete all your
business basic needs.
Features
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The account is available in Kenya Shillings and in designated foreign currencies
No minimum operating balance
Opening balance at Kshs 5,000
Free monthly statements
Free internal transfers within National Bank branches
Sweeping arrangements may be made to transfer funds automatically from
your current account to other accounts in your National Bank portfolio
• Cheque book available
• Monthly maintenance fee of Kshs 300
• Dedicated foreign exchange officer to keep the client informed of daily market
trends & changes
Tiered attractive interest rates for balances over Kshs 500,000
No restriction or charges on deposits into the account
Free standing order set up from National Bank Business Current account
Can be opened in local currency and foreign denominated currencies
It is designed for unlimited deposits with only one withdrawal per quarter
One free over the counter withdrawal per quarter
Minimum account opening and operating balance of Kshs 5,000
No monthly account maintenance fee
* Terms and conditions apply
*Terms and conditions apply
Professional Account
Specially dedicated to professionals who are looking to earn
genuine returns, while incurring fair bank charges.
Features
Business Transactional Account
• No charge on over the counter withdrawals and deposits
• No charge on internal transfers from one account to the other within
National Bank
• No charge on incoming wire transfers.
• No minimum operating balance requirement
• No charge on monthly statements
• Free processing of salaries for staff with accounts in National Bank
• Preferential higher rates for deposit will be offered with room for
negotiation
• On term deposits, the indicative rates will be regularly advised by the
relationship and branch managers to all professional account holders.
• Relationship managed to provide personalized service and financial
advice.
Designed to offer affordable day to day banking services to
enable you to achieve your business goals.
Features
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No minimum opening & operating balance
Zero maintenance fee
Zero cash handling fee
Pay as you use
Free e-statements
Access to trade, working capital & asset finance
*Terms and conditions apply
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*Terms and conditions apply
National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Elimu Collection Account
Term Deposits
Specifically designed to give a more cost effective fee
payment solution for learning institutions.
Term deposits offer a secure way to grow your money,
while giving you the flexibility to choose a term that fits your
financial needs.
Features
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Benefits
Access to cheque book
Access to a business overdraft or loans.
Free statements
Access to internet banking
Attractive Interest rates for balances over Kshs 500,000
National collection services for institutions engaged in mass retail receipts
Payment solutions to assist customers with large payrolls to process salaries with
ease
Competitive foreign exchange rates
No cash handling fees on deposits
Managed banking costs for students, as no charges are levied on cash deposits
at any of our outlets
No charge on incoming wire transfers
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Competitive / attractive interest rates
Varying maturity term periods to suit customer needs
Interest computation on daily balances
Margin accounts can be used as security for loans and overdrafts
*Terms and conditions apply
*Terms and conditions apply
Jenga Biashara Account
Institutional Account
This is a low priced transactional account meant to fulfill the
Micro-market appetite whilst offering convenient business
banking solutions.
Offers all the essential tools for easy management of funds
to enable the growth of non-governmental organizations.
Features
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Features
The account is available in Kenya Shillings and in designated foreign currencies
Minimum opening balance of Kshs 20,000
Minimum operating balance of Kshs 100,000
Free cash deposits and withdrawals
Charge-free account
No maintenance fees & ledger charges
Free cheque book & statements
Free inward TT’s
Free local outward transfers
Attractive forex rates, forwards, spots & swaps & auto sweeps /covers
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Opening balance – at least ksh.200
Nil operating balance
Zero rated ledger fees
Minimal ATM withdrawal charges of - Ksh.30 per transaction
Over the counter withdrawal – ksh. 100 per transaction
No limitation on withdrawals.
No access to cheque book.
Minimal opening requirements and procedures.
*Terms and conditions apply
*Terms and conditions apply
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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FINANCIAL SERVICES
We’re making it our business to make your business
more successful
At National Bank, our commitment to help your business grow doesn’t end with our
business accounts. We’ve gon further in tailoring financial services that not only provide
continuity to your business but also give you a complete peace of mind.
Asset Finance
In addition to helping you acquire movable and capital assets, National Bank’s asset finance allows you to use the obtained
assets as security.
Features
Requirements
New motor vehicle
• Deposit / down payment – minimum 10% of cost
• Minimum amount from Kshs 300,000
• Maximum repayment period of:
48 months – (for commercial use)
60 months – (for personal use)
Individual (sole proprietors/partnerships)
• Certified copy of PIN and
National Identification card
• Latest 6 months bank statements
• Certificate of registration
(if proprietor or partnership)
• Copy of log book (used vehicle)
• Valuation report from authorized valuer
(used vehicle) Used motor vehicle
• Deposit / down payment – minimum 20% of cost
• Minimum amount from Kshs 300,000
• Maximum repayment period of:
36 months – (for commercial use)
48 months - (for personal use)
• Maximum age of the vehicle is 5 years
Benefits
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
Flexible interest rates
Affordable monthly repayments
Quick processing of application
Financing of both new and used vehicles
Insurance premium finance available
National Bank of Kenya Limited is regulated by Central Bank of Kenya
Companies
• Certified copies of memorandum and articles of association
• Certified copy of certificate of incorporation
• Latest annual returns and filing receipts
• Board resolution authorizing the borrowing Other terms and conditions
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Duly executed hire purchase agreement
Joint registration receipt
Three blank transfer forms
Comprehensive insurance cover for one year
Directors joint several and personal guarantee and indemnity
Rights of set off
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Jenga Biashara Loan
Trade Finance Products
From tendering solutions, performing contracts, expanding businesses to working capital, we’re dedicated to providing you
with easy, convenient and less risky trade finance solutions to ensure that your international transactions are trouble-free.
Jenga Biashara loan is a credit product specifically designed
to cater for financing requirements of Micro and Small
Enterprises (MSEs).
Letters of Credit (LC)
Features
A Letter of Credit facility allows you to offer secure payment terms to
your suppliers or exporters abroad, while ensuring the prompt delivery of
the goods and services they require.
Benefits
• We offer our import clients the facility of opening both confirmed and
unconfirmed Letters of Credit depending upon their needs
• We arrange for confirmation of Letters of Credit by a range of world-class
international banking institutions.
Documentary collections
National Bank’s documentary collection facility helps you manage all
your import and export process so your business can operate efficiently.
Import documentary collections
Boost your trading relationships by reassuring your suppliers of their
payment, while safeguarding your title to the goods.
Export documentary collections
Simplify the process of receiving payments from importers, while
safeguarding your title to the goods until payment has been received or
documents have been accepted for payment.
Negotiation of export bills
We negotiate on your behalf to help your realize the proceeds faster and
easier especially if you;
• Wish to receive immediate value for goods shipped under a Letter of
Credit or Collection.
• Want to avoid the delays associated with cross-border presentation,
mitigates cross-border and foreign bank risks.
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Bills avalisation
We undertake to honour payment of bills of exchange from the supplier
on your behalf, so you can enjoy complete peace of mind knowing that
payment will be made.
Flexible collateral requirements
Convenient & easy access through wide distribution network.
A safe, secure and solid financial intermediary
Dedicated & knowledgeable Micro Bankers
*Terms and conditions apply
Pre & post-import financing
Pre-shipment finance helps you in growing your business by providing
you with working capital finance to purchase goods, purchase raw
materials, warehousing, or to arrange for the transportation of your
goods.
Post shipment finance helps you overcome the demands of exporting
activity, allowing your business to maintain its cash flow.
Bank guarantees
We provide credibility to any deal your business is involved with by
ensuring that in the event you’re unable to deliver on your promises of
goods, services or equipment, your client will be fully reimbursed. Our
guarantees range from tender guarantees (bid bonds), performance and
payment guarantees, customs guarantees, advance payment guarantees,
shipping guarantees and more.
Property Financing
At National Bank we offer various suitable products for individuals or
businesses looking for financing to build or construct a residential or
commercial property. The following types of finance options are available
for you:
• Owner occupied residential -for a loan to purchase a property that the
borrower intends to occupy as the primary home, we shall lend up to 90%
of the value of that property.
• Investment residential - financing required for a property considered an
investment and not intended for owner occupied as the primary home of
the borrower.
• Equity release and top-up loans - as you repay your mortgage, you acquire
equity in that property which can be availed to you for further property
development or other uses. We can lend you money on the value of your
own equity.
• Occupied residential loan. Only developed residential properties will be
considered for this loan type.
• Construction loan - this is a facility to
finance the construction of a residential or a commercial property.
• Residential plot purchases - this is a product that is intended to extend
money to people who want to buy a property to develop a residential
house upon the plot.
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Local Purchase Order (LPO)
Financing
Insurance Premium Financing
National Bank’s insurance premium financing is the best
solution that will give you peace of mind by helping you pay
your premiums with ease. We simply give you loan against
your insurance premium bills and pay the proceeds directly
to your insurer.
Because the continuity of your business is important, our LPO
financing offers you with reliable financial support so you
can focus on growing your business.
Features
• Cheaper additional working capital
• Finance up to 80% of the value of the LPO
• Flexible security requirements
• Quick approval process
• Maximum tenor of 120 days depending on the terms of the LPO
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The minimum qualifying premium amount is Kshs 25,000
The maximum amount depends on your insurance premium
Easy installments over a maximum period of 10 months
We offer competitive interest rates
Manage your cash flows through flexible repayment plans
Available to both account and non-account holders
Application requirements
• Duly completed application form
• Executed Insurance Premium Finance Agreement endorsed by the
insurance company
Working Capital Finance
Working capital finance provides you with a smart and
affordable financial solution to help you meet your expenses
so you can focus on growing your business. We offer the
following products tailored to meet the short-term funding
needs of business:
Pro forma / Invoice Financing
Improve your business cash flow by turning your unpaid invoices into
cash Different types of financing include:
We offer the following products tailored to meet the short-term funding
needs of your business:
• Overdrafts
• Pro forma / Invoice financing
• Local purchase order (LPO) financing
• Export Invoice financing for financing commercial invoices issued to
buyers.
• Import invoice financing for financing proforma invoices issued by
suppliers.
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Treasury services
Equipped with efficient and innovative professionals, we’re
committed to making businesses better through managing
risks and being well prepared for regulatory market changes.
You can opt for:
Forward transactions
This is a commitment to buy or sell a specific amount of currency at a
fixed exchange rate on a future date.
Spot transactions
This allows buying and selling a specific amount of foreign currency at a
specified exchange rate, for settlement in a given number of working days
Benefits
• Helps to manage your risk in currency and interest rates.
• Provides solutions to reduce volatility of earnings, protect benchmarks
and other selective strategies that are consistent with your objective,
while balancing a trade off between risk and reward.
OTHER SERVICES
We’re offering you a rich banking experience
Some of our products include:
• Strategic and countrywide outlets for competitive foreign currency trade
in telegraphic transfers, drafts and bank notes.
• Real time gross settlement transfers at competitive charges.
• Spot trades in major currencies against the Kenyan shilling.
• Fixed term deposits on major currencies at highly competitive rates.
• Cross currency trading in international markets.
Whether you’re looking for convenience or innovative financial solutions, at National Bank
we provide a range of genuine financial services to not only match your needs but to also
help you operate more efficiently.
Cash management
Specially tailored to provide you with innovative, relevant
and value added financial solutions so you can have
greater control of your money.
Our range of solutions fall under:
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National Bank of Kenya Limited is regulated by Central Bank of Kenya
Payments solutions
Collections solutions
Liquidity management
Channels and electronic banking
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Internet Banking
Whether your schedule doesn’t match our bank’s operating
hours or you’re looking for convenience, then internet
banking is for you. National Bank’s online banking offers you
a wide range of services that comes with adequate security
to suit your financial needs.
Benefits
• User friendly services; quick to download and easy to explore
• Saves you time by making money transfers and bill payments without
visiting your branch
• Download your account information into a range of money management
programs
• Cut down on paper work by stopping your
postal statements
• Perform banking transactions
• E-statement services
Key Contacts
Nairobi (Head office):+254 (0) 20 282 8544, +254 (0) 20 282 8584, +254 (0) 20 282 8683,
+254 (0) 20 282 8417, +254 (0)20 282 8641
Mobile Banking
Coast:
+254 (0) 20 282 4307
Kisumu:
+254 (0) 20 282 4307
Eldoret:
+254 (0) 20 282 5318
Nakuru:
+254 (0) 20 282 5114
Take advantage of our mobile banking services to access our
banking services anytime, anywhere at the comfort of your
mobile phone.
With National Bank you can access:
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Account balance,
Utility bills payments,
Statement requests,
Interest and exchange rates information,
Order cheque books or stop cheques,
Fund transfers
Pin change and more.
National Bank of Kenya Limited is regulated by Central Bank of Kenya
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Regional Contacts
NAME OF THE BRANCH
1
AWENDO
2
BOMET
TILIL PLAZA
3
BUNGOMA
STREET
MIGORI ROAD
KENYATTA AVENUE
TOWN
32
MACHAKOS
NGEI ROAD - NAIVAS SUPERMARKET
MACHAKOS TOWN
AWENDO TOWNSHIP
33
MALINDI
ELITE PLAZA
LAMU ROAD
MALINDI TOWN
BOMET TOWNSHIP
34
MAUA
MAUA - ISIOLO ROAD
MAUA TOWNSHIP
BUNGOMA
35
MERU
NJURI NJEKE STREET
MERU TOWN
36
MIGORI
EMICUS PLAZA
MIGORI TOWN
4
BUSIA
UGANDA ROAD
BUSIA
5
CHANGAMWE
REFINERY PLACE
REFINARY ROAD
CHANGAMWE MOMBASA
6
EASTLEIGH
EMIRATES SHOPPING MALL
EASTLEIGH
NAIROBI
7
ELDORET
NEXT TO KDV HOUSE
UGANDA ROAD / OLOO STREET
ELDORET- CBD
41
TECHNICAL UNIVERSITY OF MOMBASA
37
MOI UNIVER. ELDORET
MOI UNIVERSITY ELDORET
MAIN CAMPUS
38
MOI.INTER. AIRPORT
MOI INTN’L AIRPORT MOMBASA
PORT REITZ ROAD
MOMBASA
39
MOI’S BRIDGE
ELDORET -KITALE ROAD
MOI’S BRIDGE TOWN
40
MOLO
MOMBASA POLY UNIVERSITY COL.
MAIN STREET
MOLO TOWN
TOM MBOYA RD.TUDOR MSA.
MOMBASA
8
ELDORET AIRPORT
TERMINAL BUILDING
ELDORET - KAPSABET ROAD
ELDORET
9
EMBU
EASTERN EMPORIUM BUILDING
KENYATTA HIGHWAY
EMBU TOWN
10
GARISSA
IBNU ABASS PLAZA
MIRAA ROAD
GARISSA TOWN
11
HARAMBEE
NATIONAL BANK BUILDING
HARAMBEE AVENUE
NAIROBI- CBD
44
NAKURU
OPPOSITE MERICA HOTEL
KENYATTA AVENUE
NAKURU TOWN
45
NANDI HILLS
NANDI TOWERS
NANDI HILLS TOWN
12
HILL BRANCH
NHIF BUILDING
NGONG ROAD
NAIROBI
46
NAROK
NAROK - MAI MAHIU ROAD
NAROK TOWN
NAIROBI
47
NKRUMAH
NKRUMAH ROAD
MOMBASA CBD
48
NYERI
SOHAN PLAZA
KIMATHI WAY
NYERI TOWN
49
ONGATA RONGAI
RESCOM HOUSE
MAGADI ROAD
ONGATA RONGAI TOWNSHIP
13
16
BUILDING
HOSPITAL
KENYATTA NATIONAL HOSPITAL
42
MTWAPA
MTWAPA - KILIFI ROAD
MTWAPA TOWNSHIP
43
MUTOMO
OFF KITUI ROAD
MUTOMO MARKET
14
ICD
KENYA PORTS AUTHORITY- CONTAINER DEPOT
CONTAINER ROAD
NRB - INDUSTRAIL AREA
15
J.K.I.A ARRIVALS
J.K.I.A. ARRIVALS UNIT
J.K.I.A.
NAIROBI
16
J.K.I.A CARGO
CARGO TERMINALS
NAIROBI
50
PORTWAY HOUSE BRANCH
OWN BUILDING
MOI AVENUE
MOMBASA CBD
WALIA’S SHOPPING CENTRE
KAKAMEGA - KISUMU ROAD
KAKAMEGA
51
RUIRU
KINGARA BUILDING
KENTATTA AVENUE
RUIRU TOWN
KAPSABET - ELDORET ROAD
KAPSABET
52
ST PAUL UNIVERSITY
ST.PAUL’S UNIVERSITY
COMMERCIAL - OPP. OPEN AIR MARKET
KARATINA TOWNSHIP
53
THIKA
ZUHURA PLACE
KENYATTA ROAD
THIKA TOWNSHIP
TIMES TOWER
TIMES TOWER - GROUND FLOOR
HAILE SELLAIE AVENUE
NAIROBI
17
KAKAMEGA
18
KAPSABET
19
KARATINA
20
KENYATTA AVENUE
ICEA BUILDING
KENYATTA AVENUE
NAIROBI
54
21
KENYATTA UNIVERSITY
STUDENTS BUSINESS CENTRE
THIKA SUPER HIGH WAY
KENYATTA UNIVERSTY
55
UKUNDA
TIOSGIMA COMPLEX
DIAN ROAD
UKUNDA
56
UPPER HILL (TSC BUILDING)
TSC BUILDING
UPPER HILL
NAIROBI
22
KIAMBU
KIAMBU ROAD
KIAMBU TOWN
23
KIANJAI
HELENA PLAZA
OFF MAUA ROAD
KIANJAI TOWNSHIP
24
KILINDINI PORT
MSA BL.111 KIPEVU
KILINDINI ROAD
MOMBASA
25
KISII
HOSPITAL ROAD
KISII TOWNSHIP
26
KISUMU
OGINGA ODINGA ROAD
KISUMU CBD
27
KITALE
SUNGURA STREET
KITALE TOWN
28
KITALE - ATM
KHETIA SUPPERMARKET
KITALE TOWN
29
KITENGELA
KITENGELA CAPITAL CENTER
NAIROBI - NAMANGA ROAD
KITENGELA TOWNSHIP
30
KITUI
BIASHARA / KILUGYA STREET
KITUI TOWN
31
LIMURU
MAIN STREET
LIMURU TOWN
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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WESTLANDS
VICTORIA PLAZA
PARKLANDS ROAD
WESTLANDS - NAIROBI
58
WILSON AIRPORT
WILSON AIRPORT ENTRANCE
OPPOSITE TOLL STATION
59
NSSF AGENCY
NSSF BUILDING
BISHOPS ROAD
NAIROBI
60
GREEN SPAN
GREEN SPAN MALL
DONHOLM ROAD ,DONHOLM
NAIROBI EAST
61
SAMEER BUSINESS CENTRE
SAMEER BUSINESS CENTRE
MOMBASA ROAD
NAIROBI
62
SEKU
SEKU UNIVERSITY CAMPUS
KITUI
63
WAJIR BRANCH
ADJACENT TO THE OLD MOSQUE
ALONG MASJID UN NUR STREET
WAJIR TOWN
National Bank of Kenya Limited is regulated by Central Bank of Kenya
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Call us on 0703 088 900, (020) 282 8900;
email [email protected],
or visit any of our branches.
National Bank
of Kenya
National Bank_Limited
www.nationalbank.co.ke
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National Bank of Kenya Limited is regulated by Central Bank of Kenya