Indo Zambia Bank : Current Account Opening Procedure

Name of the Organization : Indo Zambia Bank
Type of Facility : Current Account Opening Procedure
Country : Zambia

Website : http://www.izb.co.zm/english/izbcurrentaccount.aspx

Current Account Opening Procedure :

The ultimate banking solution for your business.

Related : Indo Zambia Bank Apply For VISA Debit Cards : www.statusin.org/6573.html

Eligibility:
Parastatals, Limited Companies, partnership firms, proprietorship firms, individual business accounts, Trusts, Association of Persons, registered societies engaged in any legitimate permissible activities / businesses (other than banking / Bureau de change / financial services or similar activities / pension administration / insurance business) are eligible to open this account

Easy Access:
** We have a large branch and ATM network in all provinces of Zambia.
** Internet Banking allows you to access your account anytime, anywhere, 24×7.
** ATMs at all branches and at prominent malls in Zambia.
** Any Branch Banking allows you hassle-free deposit / withdrawal.

Features:
** Minimum Balance: ZK 500.
** Cheque books available for all Kwacha accounts.
** Free upon opening account upto 25 leaves.

Requirement for opening Current Account:
Current Account-Additional for Corporate Current Account
Photo Identity-Certificate of Incorporation
GRZ NRC Copy-Memorandum of Association
Residential proof-Certificate of Share Capita
Application Form duly filled-Companies Form-2
Specimen Signature-Companies – Form 5- Declaration
Account operation details-Copies of Latest Annual Return filed with PACRA
Passport size photographs-Latest Tax return filed with ZRA
Any other required as per KYC Norms-Board Resolution for operation of account

Connect To Trade Finance Solution:
Greater accessibility to a wide range of trade finance services to improve your working capital and liquidity management.

Download Form : http://www.izb.co.zm/english/download.aspx

FAQs :
1.Who can avail IZB-SMS facility?
All customers of Bank having Savings & Current A/c may avail this facility who are holding a mobile phone. The mobile phone should be in the Account holder’s name.

2.. How do I register for the facility?
Presently, the registration is available on filling up a form and its submission at your branch. The form is available on our website, at branches.

3. Can I have more than 2 deposit accounts linked for the facility?
Yes, Only Saving/Current Deposit Accounts can be linked to this facility

4.What is the benefit to me from SMS Banking?
You get alerts on transactions at branch, through ATM or E-banking immediately as they happens. This enables you to know about any unauthorized access to your account.

5.Can I use my existing mobile phone to receive alert messages?
Yes. All types of mobile phones can be used to receive alert messages.

About Us :
Indo Zambia Bank was incorporated in October, 1984 is a joint venture between the Government of the Republic of Zambia and the Government of India represented through its three large public sector banks: Bank of India, Bank of Baroda & Central Bank of India.

Each contributing 20% share capital with the remaining 40% contributed by the Government of the Republic of Zambia which is currently held by Industrial Development Corporation(IDC).

Contact Us :
Indo Zambia Bank
Plot No. 6907, Cairo Road,
P.O Box 35411, Lusaka