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Designed with features that will help you manage your business cash flow, the Plus Current Account is just what your business needs to succeed.

Why choose the Plus Current Account

No minimum opening balance is required to open the account

No minimum operating balance is needed to keep the account running

Carry out seamless branchless banking through ATMs, POS and mobile, online and agency banking

Send cash through multiple money transfer channels: Telegraphic Transfers (TTs), RTGS, MoneyGram, Transfast, Zoom, Mukuru and Xpress Money

Eligibility / Documents Required

  • Original and copy of certificate of Incorporation/Certificate of Registration.
  • Compliance Certificate issued by Registrar of Companies (for companies incorporated outside of Kenya)
  • Original and copy of the Memorandum & Articles of Association (CR1, CR2, CR8)
  • CR 12 (valid for 90 days ) or annual returns
  • Most recently audited financial statements
  • Duly signed and sealed Board of Directors’ Resolution to open an account, signatories & signing mandate
  • Company & Directors’ KRA PIN certificates
  • Copy of original National ID/Passport of directors & signatories
  • Passport size colored photos of director and account signatories.
  • Valid business permit
  • License from a governing body (e.g. mining, IRA, SASRA etc.)
  • Fully completed and signed Foreign Account Tax Compliance Act & Common Reporting Standard certification forms for Kenyans residing abroad
  • Additional documents may be required as per the nature of the institutions.

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Rates & Fees

  • Corporate Debit Card issuance/replacement fee - Kes. 500
  • Monthly ledger fee - Kes. 350
  • Standing order - Kes. 300
  • Banker’s Cheque - Kes. 400
  • Counter withdrawal fee - Kes. 200
  • Transaction fee (applied after 14 transactions) - Kes. 25

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


The Business Current Account from SBM Bank Kenya is designed to meet the everyday banking needs of businesses seeking a reliable and efficient transaction account. Whether you operate a small enterprise, a growing SME, or an established company, this account provides the flexibility needed to manage business finances effectively.

With convenient access to digital banking channels, businesses can perform transactions, monitor account activity, and manage cash flow seamlessly. The account supports day-to-day operations through secure payment solutions, fund transfers, and easy access to banking services. It is an ideal solution for businesses that require a dedicated account for handling frequent deposits, withdrawals, supplier payments, and customer collections.

The Business Current Account also helps businesses streamline financial management while maintaining easy access to funds whenever required. Combined with SBM Bank Kenya's comprehensive range of business banking services, the account supports operational efficiency and business growth.

Ready to simplify your business banking? Open a Business Current Account with SBM Bank Kenya. today and enjoy secure, convenient, and flexible banking solutions tailored to help your business succeed.



Frequently Asked Questions (FAQs)


1. What is an SBM Business Current Account?

The SBM Business Current Account is a transaction account designed to help businesses manage daily banking activities, payments, and collections efficiently.

2. Who can open a Business Current Account?

The account is suitable for sole proprietors, partnerships, limited companies, SMEs, and corporate businesses operating in Kenya.

3. Can I access online banking with a Business Current Account?

Yes, customers can access internet banking and mobile banking services to manage transactions conveniently.

4. Is the Business Current Account suitable for frequent transactions?

Yes, the account is designed to support businesses that handle regular deposits, withdrawals, payments, and transfers.

5. What are the benefits of a Business Current Account?

The account offers convenient transaction management, digital banking access, secure payment solutions, and support for day-to-day business operations.

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+254 (0) 709 800 000
Open an SBM Plus Current Account for Your Business