Corporate Accounts

1. Account opening form duly filled
2. 2 passport-sized pictures, (name & signature on reverse) of signatory
3. A valid national ID &Tin certificate for signatory (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)  
4. Registration documents
5. Utility bill (not older than six months)
6. Mandatory initial deposit

NB: Please be advised that where copies of original documents are provided, original documents must be sighted.

1. Account opening form duly filled
2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
3. A valid national ID &Tin certificate for signatories (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
4. Residence permit & non-citizen card (where applicable)
5. Constitution of the Society/Club/Association
6. Introductory letter (where applicable)
7. Utility bill for each signatory & where society operates (not older than six months)
8. Mandatory initial deposit

Please be advised that where copies of original documents are provided, original documents must be sighted.

• Investment account with sweep services and attractive interest rates. Investments include: One and two-way sweep Call accounts, Fixed deposits and Zenith Investment Plan Account (ZIPA).
• Free internet banking.
• Recon tool for a reconciliation of pledges, donations and standing orders.
• Zenith Bank will donate 1% of annual average deposits on Current/Call accounts only towards identified projects in the society.
• Access to a dedicated Relationship Manager.
• Business advisory services including investment portfolio management options.

1. Account opening form duly filled
2. 2 passport-sized pictures, (name & signature on reverse) of each signatory
3. A valid national ID &Tin certificate for signatories/directors (Passport/ Driver’s licence /Voter’s id/NIA card/SSNIT card)
4. Board resolution
5. Registration documents
6. Utility bill (not older than six months)
7. Mandatory initial deposit

• Free cash pickups on Sundays.
• Access to loans at concessionary rates.
• Cash management services.
• Investment advisory service with account sweep facilities.

This is an investment for an indefinite period, which may be withdrawn on demand.

Features:

• Competitive interest rates.
• Daily interest accrual.
• Guaranteed liquidity of investment.
• Very flexible and accessible money market product.
• Tiered interest rates according to deposit amounts and call tenor.
• Call/Current account sweep facility.

An investment vehicle where funds or deposits are locked in for a specific fixed period at a fixed interest rate.

Features:

• Interest is paid upon maturity of the investment.
• Competitive interest rates.
• Tenors of 30 days, 91 days, 182 days, 1 year and 2 years are available.
• Funds may be rolled over upon request.

Treasury bills (T-bills) are government-backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year. T-bills for longer periods (1 year Treasury note, the 2 year Treasury bond, and the 3 year Treasury bond) are also available. Treasury bills are made available at all the branches of Zenith Bank.

Features:

• Rollover only the principal amount and receive the accrued interest.
• Roll over both the principal and the accrued interest.
• Can be rediscounted at the bank.

Zenith Bank provides timely updates and investment advice to enable you to effectively manage your portfolio.

This is a product for corporate bodies such as Schools, NBFIs Churches, Brokerage houses, Fund Managers and Investment Clubs.

Features:

• Withdrawals are allowed after every 12 months
• Investment Advisory services
• Monthly deposits of GHS100 to this account

Requirements:

• Withdrawals are allowed after every 12 months
• Monthly periodic deposits of GHS100 to this account

Benefits:

• Interest rate: 91 day T-BILL -400 basis points
• Investment Advisory services would be provided
• Any amount can be deposited at any time after establishment of account.
• An innovative solution  for future building  projects.
• Free Set up charge
• Benefits from our world-class customer service

SBBA is a repurchase agreement transaction whereby a party (SBBA Seller–Zenith Bank) sells securities at an agreed price to the other party (SBBA Buyer-Customer) and subsequently the SBBA buyer and SBBA seller enter into another agreement thereon whereby the former promises to sell and the latter to buy back the securities on a specified future date and at an agreed price.

Features

• SBBA agreement.
• Minimum transaction value is GHS2,000,000.00.
• Principal and interest/coupon is paid at maturity.
• Competitive interest rates/yields.
• Funds may be rolled over upon request.
• 91 and 182 day SBBA is currently available to customers.

Securities Backed Investment (SBI) is a repurchase transaction whereby a party (SBI Seller) sells securities at an agreed price to the other party (SBI Buyer) with the promise to buy back the securities on a specified future date (coupon payment date) and at an agreed price.

Features

• Minimum transaction value is GHS10,000.00.
• The SBI transaction has a fixed maturity date (next coupon payment date). The tenor of the investment will therefore be from settlement date to fixed coupon/maturity date.
• Various tenors available.
• Principal and interest/coupon is paid at coupon payment/maturity date.
• Competitive interest rates/yields.
• Funds may be rolled over upon request.

• Government of Ghana and corporate bonds are available
• Competitive yields available for a wide range of corporate and GOG bonds. Bonds are traded on yield to maturity or prices
• Customer receives coupon payments and face value per a particular bonds coupon payment schedule
• Minimum settlement value is GHS10,000.00

• Liquidations (whole or partial) on any date from the 1st to the 15th day of the month shall attract a penal charge of 100% of interest accrued in the month. (Applicable to ZIPA)
• Liquidations (whole or partial) on any date from the 16th to the final day of the month shall attract a penal charge of 75% of interest accrued in the month. (Applicable to ZIPA)