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Banking

Trusting the provider is most important when choosing a bank account. We offer a comparison of some of the most trusted banking brands in Zimbabwe. When picking your account, you then need to consider what is important for you.

  • What is your average balance? – for larger balances you need to consider the interest rate that is paid.
  • Will you need an overdraft? – consider the flexibility of the provider in providing overdraft facilities and the overdraft charges.
  • Is internet banking available? This is essential if your are a Zimbabwean living abroad or If you travel frequently, it is essential you can access your account on the move.
Banking Products Available

To view a full list of inclusions and exclusions for the Banking product, click on one of the links below:

 

 

  CABS

  CBZ

  Gold Class Account

  CashPlus General Savings

  CashPlus Business Savings

  CashPlus Housing Savings

  Visa Gold

 

 

Restrictions

Some banks will place limits on:

  • Minimum balance that must be kept in the account at any given time.
  • The maximum withdrawal for a given period (eg daily withdrawal limit).eg daily withdrawal limit).
Identification Requirements

The Reserve Bank of Zimbabwe’s regulations require that a customer requiring a bank account appears in person if they are local in Zimbabwe. For customers living abroad your are required to provide:

  • Notarized Passport ID.
  • Bank Reference.
  • Proof of Address by way of an original Utility Bill or Bank Statement.

These will need to be posted by Registered mail or document express such as FEDEX, DHL.

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