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Account Opening Information

 

 

General Accounts
 

 

Savings Account

 

Current Account
 
Other Types of Accounts
 

 

Zenith Children's Account ( ZECA )

 

Cheque and Save

 

Foreign Exchange Account (GBP, EUR, USD)

 

Foreign Current Account (GBP, EUR, USD)

 

Zenith Pay Advance Salary Scheme ( Z-PASS )
   
Treasury (Investment) Products
 

 

Call Accounts

 

Fixed Deposits

 

Treasury Bills

 

Zenith Investment Savings Account ( ZISA )

 

 
 
* Click to download account opening forms.

Savings Account

This account is available to clients 18-years and older and offers a secure, attractive method of saving funds at a competitive rate, while at the same time allowing for immediate access to funds.

   

Benefits:

 

bullet Electronic banking services are available on this account including VISA and EazyPay ATM cards.
bullet No monthly charges.
bullet Eliminates the carrying of large amounts of cash.
bullet Competitive interest rate.
   

Current Account

A convenient and flexible medium to make and receive payments. The account can be opened in individual or joint names.

   

Benefits:

 

bullet Cheque facilities.
bullet Electronic banking services are available on this account including VISA and EazyPay ATM cards.
bullet Current/call account sweep facility.
   

Zenith Children's Account ( ZECA )

A Savings account to nurture savings behaviour in minors up to the age of 18 and provide guardians with a financial management tool.

   

Benefits:

 

bullet Savings may be held as security for loans to Guardians.
bullet Encourages early savings behaviour in minors.
bullet Up to four children can apply on a single form.
   

Cheque and Save

This account is available to clients 18-years and older and offers a secure, attractive method of saving funds at a competitive rate, while at the same time allowing for immediate access to funds via our in-house cheque clearance system.

   

Benefits:

 

bullet Attractive interest rates on deposits.
bullet Ideal for infrequent users of traditional banking services.
bullet Allows the flexibility of a third party cash withdrawal at any of our branches.
   

Foreign Exchange Account ( FEA )

We offer our clients foreign exchange current accounts to facilitate smooth business transactions in the major trading currencies.

 

Benefits:

 

bullet It allows customers flexibility to transact business in foreign currency.
bullet It eliminates the need to carry large amount of cash.
bullet A secure depository for foreign currency.
bullet

* Overdraft facilities are available.

bullet Cheque facilities for easier payments.
bullet It enhances easy payments for purchases of goods and services.

bullet Funding from any sources – transfers (onshore, offshore) cash or cheques.
bullet

Available in USD, EURO, GBP.

bullet Electronic banking Services are available on this account.
 

* Terms & conditions apply.

Foreign Currency Account ( FCA )

Foreign currency accounts are available to clients who regularly receive remittances from offshore sources. Funding of this account is restricted to inward remittances and offshore cheques.

 

Benefits:

 

bullet It gives our customers the flexibility to transact business in foreign currencies.
bullet A secure depository for foreign currency.
bullet It facilitates easy payments for purchases of goods and services.
bullet Cheque books are provided on this account to facilitate transactions.
bullet

Available in USD, EURO, GBP.

bullet Funds can be withdrawn or transferred offshore without requiring approval from Bank of Ghana ( BOG ).
   

Call Accounts

This is an investment for an indefinite period, which may be withdrawn on demand.

   

Benefits:

 

bullet Competitive interest rates.
bullet Daily interest accrual.
bullet Guaranteed liquidity of investment.
bullet Very flexible and accessible money market product.
bullet Tiered interest rates according to deposit amounts and call tenor.
bullet

Call/Current account sweep facility.

   

Fixed Deposits.

An investment vehicle where funds or deposits are locked in for a specific fixed period at a fixed interest rate.

   

Benefits:

 

bullet Guaranteed liquidity of investment.
bullet Interest is paid upon maturity of the investment.
bullet Competitive interest rates
bullet Tenors of 30 days, 91 days, 182 days, 1 year and 2 years are available.
bullet

Funds may be rolled over upon request.

   
Treasury Bill Investment Services

Treasury bills (T-bills) are government backed securities issued by Bank of Ghana usually with maturity periods of 91 days, 182 days or a year.  T-bills for longer periods (1 year Treasury note, the 2 year Treasury bond and the 3 year Treasury bond) are also available. Treasury bills are made available at all the branches of Zenith Bank and investors are given the following :



Roll over only the principal amount and receive accrued interest.
Roll over both the principal and the accrued interest.



Zenith Bank will provide timely updates and investment advice to enable you to effectively manage your portfolio.

 

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Zenith Investment Savings Account ( ZISA )

This is an investment instrument to build up adequate financial resources for the purchase of motor vehicles, landed properties or to start up a private venture.

 

Benefits:

 

bullet Investment Advisory services are available.
bullet Any amount above the minimum monthly contribution may be deposited at any period in time after establishment of the account..
bullet Minimum investment tenor of 12 months .
bullet Highly competitive and attractive Interest rates.

Zenith Pay Advance Salary Scheme ( Z-PASS )

With Z-PASS you can have access to a maximum of 80% of your net monthly salary in advance.

   

Benefits:

 

bullet Easy access to short term funds to augment personal finances.
bullet Up to 80% of the monthly salary can be advanced.
bullet The applicants will also benefit from our world-class customer service.
bullet The facility can be repaid within three months.
   

* Terms & conditions apply.

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