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
Charitie

	Monthly Interest payment
	Based on the average monthly credit balances for Kenya Shillings, US Dollars, Euro and Sterling Pounds.

	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 in all major currencies
Reduced handling charge on deposited foreign currency cheques drawn abroad.
Reduced charges on SWIFT transfer sent abroad – Kshs 1500 flat
Low opening balance
USD, EUR and GBP 100
Kshs 1,000

Wakili Account

Target market
Tailor made and suitable for law firms which are required by law to maintain 2 types of current accounts, for clients and office administration. Both accounts will benefit from similar terms and conditions

	Monthly Interest payment
	Based on the average monthly credit balances for Kenya Shillings, US Dollars, Euro and Sterling Pounds.

Waivers:
No Charge on cheque books.
No charge on withdrawal and deposit of Kshs over the counter
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.

	Reduced charge on monthly ledger fees for both Kshs and foreign currency current accounts of Kshs 15 per item minimum Kshs 500 per month.
	Lower charges on bankers cheques at Kshs 400
	Low opening balance
	USD, EUR and GBP 100
	Kshs 10,000
	Preferential exchange rates for foreign currency conversions in all major currencies
	Reduced handling charge on deposited foreign currency cheques drawn abroad.
	Reduced charges on SWIFT transfer sent abroad – Kshs 1500 flat
	Lower charges on cheque books, Kshs 500 (50 leaves) Kshs 750 (100 leaves)

	For all law firms, preferential higher rates for deposit will be offered with room for negotiation on all call and fixed deposits. The indicative rates will be regularly advised to the law firms. This has the following advantages;
	Law firms will be aware of the indicative rates applicable beforehand.
	Law firms would at an instant be able to estimate the interest and withholding tax the deposit would accrue before hand, and thus advice their clients accordingly.
	Simplifying the rate negotiation process thus saving time.