Domiciliary Corporate Account

We cater for your innermost needs by giving you an array of banking options that suit your personality.

Banking made easier by caring for your needs

At UBA, we are constantly thinking about you! We create accounts tailored to your individual needs as a valued customer and are constantly developing new products and services to help make banking and life easier for you

Features

  • Minimum Opening & Operating Balance - Corporate US$5000 Euro/ GBP2500 ZAR 5000
  • Maintenance Fee - quarterly US$10 Euro/ GBP 10 ZAR 70 Withdrawal Fee Nil
  • Cash Withdrawal Over Counter (regulatory limit) Limit of $5, 000 and equivalent per day
  • Deposit charges N/A
  • Manager's Cheque/ Draft issuance Flat Fee US$8 Flat Fee Euro/GBP 8 Flat Fee ZAR 60
  • Cheque Book issuance (1st Cheque) Free
  • Cheque book issuance (subsequent books of 25 or 50 pg only) US$0.20 p/pg US$0.20 equivalent p/pg US$0.20 equivalent p/pg
  • Transaction Fees( Debit and credit) N/A
  • Stop payment US$10 and equivalent
  • Account closure charge US$20 and equivalent
  • Off cycle statements US$5 per page and equivalent
  • Monthly statements - collection in branch Free
  • Penal rate-Overdrawn account (amount in excess) Base Rate + 5%

Benefits

  • UBA Branded cheque book
  • SMS/Email Alerts (optional) at 30 ngwee per alert
  • Free internet banking (U-Direct)
  • Free e-statements

Requirements

  • Application letter (on Company headed paper)
  • Copy of memorandum of articles of association
  • Certificate of share capital, form 10
  • Certificate of incorporation, form 6,7,8 or 9
  • List of share holders, form 28
  • List of directors and secretary, form 45
  • Notice of situation of registration, form 43
  • Board resolution appointing UBA as a Banker
  • Copy of I.D (National registration Card or Driver’s license or passport) for all directors with more than 30% shares and all signatories
  • Work permit for non residents
  • Two passport size photos for the authorized signatories and directors holding more than 30% shareholding
  • Traceable reference from existing customer, current bankers, legal practitioner etc.
  • Residential address confirmation( copy of utility bill i.e water, electricity, telephone bill or lease agreement, recent bank statement issued within three months preceding date of account or recommender should confirm address)

FAQs

Yes, as a Bank Client, you have an opportunity to negotiate for favorable rates with our treasury team.

With all documentation in place, an account will be opened within 24 hours.

Four: one in Kitwe, along Cairo Road, In Kamwala and at Acacia Park.