Account Opening
OPERATION & BUSINESS
Standard Savings Account
Requirement:
- Valid Identity Card
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of SLE 60
Requirement:
- 1% interest payable on ending balances
- Account ID card
Skye Bank Children’s Account / Rainbow
Requirement:
- Valid Identity Card for Parent or Legal Guardian
- Birth Certificate of Child
- One Passport Size Picture of the Parent or Legal Guardian
- Two Passport Size Pictures of the child
- Valid Utility Bill
- Initial deposit of USD SLE6O
Requirement:
- Cheque book
Salary Accounts
Requirement:
- Must be a salary earner from a reputable institution
- Letter of instruction from the institution
- Two Passport Size Pictures
- Valid Identity Card
- SLE 00 Initial deposit
Requirement:
- Salary Loan
- Salary Advance
Individual Current Account
Requirement:
- Valid Identity Card
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of SLE 100
Requirement:
- Cheque book
Domiciliary Account/ Individual Current Account
Requirement:
- Valid Identity Card
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of USD 50
Requirement:
- Cheque book
CORPORATE
Limited Liability Company Accounts
Requirement:
- Board Resolution
- Business Registration Certificates
- NRA Certificates
- City Council Certificates
- Two Passport Size Pictures of Signatories
- Valid Utility Bill
- Initial deposit of SLE500
Feature
- Cheque book
Benefit
- Cheque book
- Loans (Term Loan, Time Loan)
- Overdrafts/ Temporary Overdrafts
- Contingents Liabilities (Bid Security/ Advance Payment Guarantee/ Performance Bond etc.)
Domiciliary Account/ Corporate
Requirement:
- Business registration documents
- Valid Identity Card of owner
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of USD 100
Feature:
- Cheque book
Sole-Proprietor / Enterprise Account
Requirement:
- Business Registration Certificates
- NRA Certificates
- City Council Certificates
- Two Passport Size Pictures of Signatories
- Valid Utility Bill
- Initial deposit of SLE250
Domiciliary Account/ Sole-Proprietor / Enterprise Account
Requirement:
- Business registration documents
- Valid Identity Card of owner
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of USD50
Feature:
- Cheque book
Benefits:
- Cheque book
- Loans (Term Loan, Time Loan)
- Overdrafts/ Temporary Overdrafts
- Contingents Liabilities (Bid Security/ Advance Payment Guarantee/ Performance Bond etc.)
Partnership Accounts
Requirement:
- Partnership Deed
- Business Registration Certificates
- NRA Certificates
- City Council Certificates
- Two Passport Size Pictures of Signatories
- Valid Utility Bill
- Initial deposit of SLE250
Domiciliary Account/ Partnership Accounts
Requirement:
- Business registration documents
- Valid Identity Card of owner
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of USD50
Features:
- Cheque book
Clubs, Societies, Associations
Requirement:
- Registration Certificates (Council Registration)
- Last Minute
- Valid Identity Card of Signatories
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of SLE250
Features:
- Cheque book
Non Governmental Organisations
Requirement:
- Registration Certificates (SLANGO Registration)
- Last Minute
- Valid Identity Card of Signatories
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of SLE250
Features:
- Cheque book
Requirement:
- Business registration documents
- Valid Identity Card of owner
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of USD50
Feature:
- Cheque book
EMBASSIES & HIGH COMMISSIONS
Requirement:
- Letter of Authority from the High Commissioner
- Valid Identity Card of Signatories
- Two Passport Size Pictures
- Valid Utility Bill
- Initial deposit of SLE500
Features:
- Cheque book