Tailor-made and suitable for UN Agencies and Foreign Embassies.

The Kush Bank Agencies and Embassies Corporate Account is tailor-made and suitable for UN agencies and foreign embassies operating in South Sudan.

It is a flexible, innovative financial solution that offers hassle-free banking in the most convenient manner. With dedicated relationship managers and a dedicated treasury manager, your ease while transacting is guaranteed.

Requirements:

  • Certified copy of the certificate of registration or exemption certificate
  • Certified copy of embassy board resolution to open an account
  • List of registered officials/ signatories
  • Certified copies of national ID’s or passports of officials and/or signatories
  • Passport size photographs for officials and/or signatories
  • Certified copy of utility bill/tenancy agreement for the organization and for each signatory
  • Introduction letter signed and stamped by the embassy board

Staff Requirements

  • Introduction letter by employer
  • National ID or Passport

Features:

  • Nil charges on cheque books, interim statements and incoming telegraphic transfers
  • Nil cash handling fees
  • No operating balance on both local and foreign currency accounts
  • No ledger fees on both local and foreign currency accounts
  • Nil charge on withdrawal and deposit of both SSP and foreign currency cash.
  • Free internal transfers from one account to the other within Kush Bank.
  • Free incoming wire transfers.
  • No minimum operating balance requirement.
  • Free banker’s cheques.

Concessions:

  • Preferential exchange rates for foreign currency conversions in all major currencies.
  • Reduced handling charge on deposited foreign currency cheques drawn abroad.
  • Reduced charges on SWIFT transfer sent abroad
  • Low opening balance
  • Concessionary rates on outgoing telegraphic transfers