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This is an investment for an indefinite period, which may be withdrawn on demand.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 functionality.
• Withdrawal charges are non-applicable.
• Monthly compounding interest.

An investment option 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 and subject to market conditions.
• Funds may be rolled over upon request.
• Early withdrawal penalties apply.

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.

Zenith Investment Plan Account is an investment account designed for SMEs and mid-sized corporates looking to save funds to meet certain future payment obligations.

Features:

• Minimum initial deposit is GHS 100.
• Minimum monthly deposit GHS 50.
• Investment Advisory services.
• A fixed amount is transferred on a specified date from the customer's account to the ZIPA account every month (standing order).
• The customer's account must be adequately funded to facilitate the processing of standing orders. Changes to standing orders are allowed but will take effect the following month.
• The investment automatically renews at the end of every year from the date of initial investment.

Requirements:

• A customer instruction to carry out the investment or a duly completed investment application form.
• Minimum Initial capital of GHS 100.
• Withdrawals are allowed twice every 12 months (otherwise a penalty is charged).

Benefits:

• The highest call rate published by the Bank plus a margin of 200 basis points.
• Monthly compounding interest.

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)