Download Zenith Individual Account Form

Savings Account

This account is available to individuals 18-years and older and offers a secure and attractive method of saving funds at a competitive rate. Withdrawals can be done three times in a month.

Features:

  • Electronic banking services such as Z-Prompt and internet banking are available on this account including VISA, MasterCard and Eazypay ATM cards.
  • No monthly charges.
  • Eliminates the carrying of large amounts of cash.
  • 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.

Features:

  • Cheque book issuance.
  • Electronic banking services such as Z-Prompt and internet banking are available on this account including VISA, MasterCard and EazyPay ATM cards.
  • Current/Call account sweep facility.

Requirements:

  • Two passport-size pictures.
  • Proof of identification such as passport/voter’s identification card/driver’s license.
  • Proof of residential address such as a utility bill.
  • Letter of introduction from your current employer.
  • Residence/ Work Permit must be provided for Non-Ghanaian citizens.

Foreign Exchange Account (USD, GBP, EUR)

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

Features:

  • Allows customers the flexibility to transact business in foreign currency.
  • Eliminates the need to carry large amount of cash.
  • A secure depository for foreign currency.
  • Cheque book issuance for easier payments.
  • Enhances easy payments for purchases of goods and services.
  • Allows funding from different sources – transfers (onshore, offshore) cash or cheques.
  • Available in USD, EURO, GBP.
  • Electronic banking services such as z-prompt and internet banking are available on this account.

Other Types of Accounts

Below are other types of individual accounts we offer:

Zenith Children’s Account (ZECA)

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

Benefits:

  • Savings may be held as security for loans to Guardians.
  • Encourages early savings behaviour in minors.
  • Up to four children can apply on a single form.
  • Participation in outdoor events such us the Zenith Health Walk and children’s parties.
  • Branded gifts for accounts opened with more than GHS200 in deposit.

Requirements:

  • Fill a ZECA account opening form.
  • Copy of birth certificate of the child/children.
  • Minimum initial deposit of GHS100.00 per child.
  • Minimum monthly deposit of GHS10.00 per child.
  • Means of identification such as – passport/driver’s license/voter identification card of parent/guardian who will operate the account on behalf of the child.
  • Proof of residential address such as an utility/water/phone bill.
  • Two passport size pictures each of applicant and guardian of the child/children.
  • Mandate card completed by parent/guardian.

Zenith Children’s Plus Account (ZECA PLUS)

Saving for your child’s future just got easier with ZECA Plus, a savings account for children between 0-17 years.

Benefits:

  • Free internet banking.
  • Monthly e-statements.
  • Free standing order/bank drafts to pay school fees.
  • Participation in outdoor events such us the Zenith Health Walk and children’s parties.
  • Branded gifts for accounts opened with more than GHS500 in deposit.

Requirements:

  • A ZECA Plus account opening form completed by parent/guardian.
  • Means of identification such as – passport/driver’s license/voter identification card of parent/guardian who will operate the account on behalf of the child.
  • Proof of residential address such as an utility/water/phone bill.
  • Two passport size pictures each of applicant and guardian of the child/children.
  • Mandate cards completed by parent/guardian.
  • Minimum initial deposit of GHS500.00 per child.
  • Minimum monthly deposit of GHS50.00 per child.
  • Withdrawals are limited to once every three months.

Cheque and Save

This account is available to customers 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.

Features:

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

Foreign Exchange Account (FEA)

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

Features:

  • It allows customers flexibility to transact business in foreign currency.
  • It eliminates the need to carry large amount of cash.
  • A secure depository for foreign currency.
  • Overdraft facilities are available.
  • Cheque facilities for easier payments.
  • It enhances easy payments for purchases of goods and services.
  • Funding from any sources – transfers (onshore, offshore) cash or cheques.
  • Available in USD, EURO, GBP.
  • 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 offshore remittances and offshore cheques.

Features:

  • Allows customers the flexibility to transact business in foreign currency.
  • A secure depository for foreign currency.
  • Cheque book issuance for easier payments.
  • Enhances easy payments for purchases of goods and services.
  • Available in USD, EURO, GBP.
  • Funds can be withdrawn or transferred offshore without restrictions

Treasury (Investment) Products

Below are the various investment products we have for our customers:

Call Accounts

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

Features:

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

Features:

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

Features:

  • Roll over only the principal amount and receive accrued interest.
  • Roll over both the principal and the accrued interest.
  • Can be rediscounted at the bank.

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

Zenith Investment Savings Account (ZISA)

This is a product ideal for individuals.

Features:

  • Investment instrument to build up adequate financial resources for the purchase of Motor Vehicles, Landed properties or to start up private business.
  • Investment Advisory services would be provided.
  • Minimum initial deposit is GHS100.00 (individuals), minimum monthly deposit is GHS50.00.
  • Regular period fixed deposits to this accounts (a standing order).
  • The fixed amount (indicated above) must be deposited at a time set and agreed) after establishment of account. The amount could be increased anytime at the customer’s discretion.
  • A yield higher than the ordinary savings and Call Accounts (a benchmark rate plus a margin could be used on certain level of deposit).
  • Withdrawals are allowed after every 12 months (otherwise a penalty is charged).

Zenith Investment Rate Account (ZIRA)

Investment instrument to build up adequate financial resources for the retirement or pension.