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Like a tailor-fitted suit, the Elite Current Account is designed to fit your specific needs and wants, so that you may achieve your personal financial goals.

Why choose the Elite Current Account

It comes with a free debit card

Offers a free cheque book for easy payments

Transactions at SBM Bank ATMs are free

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

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

Offers personalized service from a dedicated Relationship Manager

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

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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

Find out more about SBM Products

Visit any of our Branches

Find a Branch

Reach us on

+254 (0) 709 800 000

Send an email

atyourservice@sbmbank.co.ke
Open an SBM Elite Current Account