Elevate your banking experience.

Tailored to Suit Your Every Need.

This premium banking experience is designed to fit your specific needs and wants, so that you may achieve your personal financial goals.

Why choose the Elite Current Account

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Personalized for you

Offers personalized service from a dedicated Relationship Manager

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Transact in multiple ways

Get a free debit card, and a free cheque book for easy payments

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No ATM Charges

Transactions at SBM Bank ATMs are free

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Transfer Money Worldwide

Allows free money transfer using Telegraphic Transfer (TT) or RTGS

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Extra perks

Gives access to one local and one foreign Banker’s cheque each month

Eligibility / Documents Required

  • Duly filled account opening form
  • Original and copy of your Kenyan National ID/Passport/Alien ID
  • 2 colored passport size photos
  • Your KRA PIN
  • Indication of next of kin
  • A utility bill
  • Proof of source of funds

In addition, for foreigners:

  • Signed Foreign Account Tax Compliance Act (Kenyans living in US and US Citizens) / Common Reporting Standard forms (Kenyans living abroad and foreigners)
  • Your visa/work permit/alien certificate

Rates & Fees

  • Monthly ledger fee - Kes. 1,899
  • Debit card replacement - Kes. 500
  • Standing order - Kes. 300
  • Bankers cheque - Kes. 400
  • Counter withdrawal charge - Kes. 200
  • Subsequent cheque book; 50 leaves - Kes 750; 100 leaves – Kes.1,450

*Available in KES only

*All fees and charges are subject to 20% excise duty

Elite Current Account – Premium Banking for High-Value Transactions



The Elite Current Account from SBM Bank Kenya is a premium transactional account designed for individuals who conduct a high volume of transactions both locally and internationally. As part of SBM Bank's For You banking portfolio, this account offers exclusive benefits, enhanced convenience, and seamless access to banking services across multiple channels. It is an ideal solution for customers seeking a sophisticated banking experience that supports their active financial lifestyle.

Account holders enjoy a range of premium benefits, including a free first ATM card, free local SBM Bank ATM transactions, free Real Time Gross Settlement (RTGS) transfers, free Telegraphic Transfers (TTs), and a complimentary first cheque book. Customers also receive one local and one foreign banker’s cheque per month, adding further value to their banking experience. The account provides seamless access through ATMs, POS terminals, mobile banking, Internet Banking, and agency banking, ensuring convenient account management anytime and anywhere.

The Elite Current Account is available in Kenyan Shillings (KES) and carries a standard monthly ledger fee of KES 1,899. It is specifically tailored for customers who require premium banking services, frequent transactions, and access to multiple local and international money transfer channels.

As a premium offering within the For You category, the Elite Current Account delivers convenience, flexibility, and value-added benefits for customers looking for a comprehensive personal banking solution.

Upgrade your banking experience with the Elite Current Account from SBM Bank Kenya. Open your account today and enjoy premium banking benefits, seamless transactions, and convenient access to your finances wherever you are.



Frequently Asked Questions (FAQs)


1. What is the SBM Elite Current Account?

The SBM Elite Current Account is a premium personal banking account designed for customers who require enhanced banking benefits, frequent transaction capabilities, and convenient access to local and international banking services.

2. Who is the Elite Current Account best suited for?

The account is ideal for professionals, entrepreneurs, and individuals with high transaction volumes who are looking for premium banking features and greater transaction convenience.

3. What premium benefits are included with the Elite Current Account?

Account holders enjoy benefits such as a free first ATM card, free local SBM ATM withdrawals, free RTGS transfers, free Telegraphic Transfers (TTs), a complimentary first cheque book, and access to multiple money transfer services.

4. What is the monthly ledger fee for the Elite Current Account?

The Elite Current Account attracts a standard monthly ledger fee of KES 1,899, making it suitable for customers seeking premium banking privileges and value-added services.

5. Can I access digital and international banking services with the Elite Current Account?

Yes. Customers can access mobile banking, Internet Banking, ATM services, POS services, agency banking, and international money transfer solutions, ensuring seamless banking both locally and globally.

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Open an SBM Elite Current Account