How can we assist you today?

You can open the Legacy Plus FD in the following currencies:

• Kenyan Shilling (KES)
• US Dollar (USD)
• Euro (EUR)
• British Pound (GBP)

• Interest is credited monthly to your preferred SBM transactional or savings account.
• The principal remains invested until maturity, ensuring steady income during the term.

Upon maturity, you may:

• Renew the fixed deposit for a new term.
• Withdraw both the principal and any remaining interest into your SBM account.

Yes, but:

• Early withdrawal is subject to terms and approval by your branch manager.
• It is typically only allowed in emergency cases.
• No penalties may apply if approved under such
  circumstances.

Yes.

• You may access an Overdraft (OD) facility against your fixed deposit.
• The OD is offered at a markup of 2–3% above your deposit rate.
• It provides convenient access to funds without breaking your FD.

Yes.
A 15% withholding tax applies to the interest earned, in line with Kenyan tax regulations.

You will need to provide:

• A completed account opening form.
• National ID/Passport/Alien ID (original and copy).
• Two passport-size photos (colored).
• Your KRA PIN.
• Next of kin details.
• A utility bill or similar document as proof of residence.
• Proof of source of funds.
• Foreign nationals must also submit a visa, work permit, or alien certificate.
• FATCA/CRS forms for Kenyans abroad and foreign nationals.

• Visit your nearest SBM Bank branch with the required documents.
• Contact your Relationship Manager.
• Reach out via email, phone, or WhatsApp for assistance.

For assistance, you can contact the SBM (K) Bank Contact Centre or visit any of our branches.
You can reach us via:

Tel:  +254 709 800 000 / +254 730 175 000

WhatsApp Chat: +254 773 758 196

Email: atyourservice@sbmbank.co.ke

X: sbmbankkenya

Facebook: sbmbankkenya

The UIFD is a special type of fixed deposit where you receive the entire interest amount upfront when you place the deposit, instead of waiting until maturity.