Elevate your banking experience.

Tailored to Suit Your Every Need.

This premium banking experience is designed to fit your specific needs and wants, so that you may achieve your personal financial goals.

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Why choose the Elite Current Account

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Personalized for you

Offers personalized service from a dedicated Relationship Manager

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Transact in multiple ways

Get a free debit card, and a free cheque book for easy payments

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No ATM Charges

Transactions at SBM Bank ATMs are free

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Transfer Money Worldwide

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

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Extra perks

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

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

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

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Open an SBM Elite Current Account