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Goodwill Account

Part of a comprehensive account package that is tailor made and suitable for Non Profit Organizations (NPOs).

Target Market:
Tailor made and suitable for Non Profit Organizations. (NPOs)

  • Non Governmental organizations (NGOs)
  • International Organizations
  • Donor funded projects
  • Religious organizations
  • Diplomatic Missions
  • Trusts
  • Foundations
  • Membership Clubs
  • Associations
  • Community Based Organizations (CBOs)
  • Children Homes
  • Charities

Benefits:

  • Monthly Interest payment

Waivers:

  • No charge on monthly ledger fees on both Kshs and foreign currency current accounts.
  • No Charge on cheque books.
  • No charge on withdrawal and deposit of both Kshs and foreign currency cash.
  • No charge on internal transfers from one account to the other within BOA
  • No charge on incoming wire transfers.
  • No Minimum operating balance requirement.
  • No charge on interim statement.
  • No charge on banker’s cheque.

Concessions

  • Preferential exchange rates for foreign currency conversions
  • Reduced charges for RTGS at Kshs 500 flat
  • Reduced charges on SWIFT transfer sent abroad – Kshs 1500 flat
  • Low opening balance
  • USD, EUR and GBP 100
  • Kshs 1,000

For more details on Goodwill Account

  • call or visit your nearest BOA branch
  • call Relationship Managers at BOA head office

Opening an Account
Click below to:
Print Account Opening Forms
Locate the nearest Bank of Africa branch
Send an e-mail to obtain further information
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