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Set up your children for a bright future with our interest earning Pebble Savings Account and teach them the principle of a penny saved is a penny earned.

Why choose the Pebble Savings Account

No monthly ledger fees are charged

Account is available in all major currencies: KES, USD, GBP, EUR

Interest is credited into the account quarterly

Get a free banker’s cheque every quarter

Seamless branchless banking experience through alternate channels like Mfukoni mobile and online to view balances and make transfers to internal accounts

Allows you to send money fast worldwide through multiple money transfer channels such as Telegraphic Transfers (TTs), Real Time Gross Settlement (RTGS), MoneyGram, Transfast, Xoom, Mukuru and Xpress Money

Eligibility / Documents Required

  • Original and copy of child’s Birth Certificate/Notification of Birth
  • A 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

  • Standing order - Kes. 300
  • Bankers cheque -Kes. 400
  • Counter withdrawal - Kes. 200

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
Pebble Savings Account