Individual Accounts

• No minimum operating balance
• Flexibility of third party cash withdrawals
• Competitive interest rate
• Mobile money wallet linkage
• Electronic banking services such as Z-Prompt, E- statement and Internet banking are available on this account including VISA, MasterCard and EazyPay ATM cards.

1. Account opening form duly filled
2. 2 passport-sized pictures, (name & signature on reverse)
3. A valid Ghana Card (ECOWAS Identity card)
4. Residence permit & non-citizen card (where applicable)
5. Employer introductory letter (where applicable)
6. Utility bill (not older than six months)
7. Mandatory initial deposit

• Flexibility of third party cash withdrawals
• Competitive interest rate
• No restriction on withdrawals
• Free internet banking service and e-statement

• Competitive Interest rate.
• Minimum initial deposit of GHS 200.
• Minimum monthly deposit of GHS 50.
• Free standing orders (from Zenith accounts).
• Quarterly withdrawals and standing orders are allowed (up to 4 withdrawals a year).

• Account opening form duly filled.
• 2 passport-sized pictures of parent/guardian and child (name & signature on reverse).
• A valid national ID of parent/guardian (Ghana card).
• Residence permit & non-citizen card (where applicable).
• Utility bill (not older than six months)
• Mandatory initial deposit.

• Competitive rate.
• Free internet banking and e-statements.
• Savings may be held as security for loans to guardians.
• Encourages early savings behaviour in minors.
• Participation in Bank's events such as the Zenith Health Walk and children’s parties.
• Branded gifts for accounts opened with initial deposit of more than GHS 200.

• 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, E- statement and Internet banking are available on this account.

This is an investment for an indefinite period, which may be withdrawn on demand.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

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 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 re discounted at the bank

 Requirements:

• Application form to be filled in at the Bank's  Customer Services Unit (CSU) , alternatively

Benefits:

• Tenor varies depending on type of security:
• BOG Bills- for periods below 1 year
• BOG Notes-for 1 and two year papers
• BOG Bonds-for periods above 2 years
  Repayment is guaranteed by the Sovereign backing of the Government of Ghana.

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

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

Features:

• A fixed amount is transferred on a specified date from the customer's account to the ZISA account every month (standing order).
• The customer's account must be adequately funded to facilitate the processing of standing orders. Changes to standing orders are allowed but will take effect the following month.
• The investment automatically renews at the end of every year from the date of initial investment.

Requirements:

• A customer instruction to carry out the investment or a duly completed investment application form.
• Minimum initial deposit is GHS100.
• Minimum monthly standing order of GHS 50.

Benefits:

• The highest call rate published by the Bank plus a margin of 200 basis points.
• Withdrawals are allowed twice every 12 months (otherwise a penalty is charged).
• Monthly compounding interest.

ZIRA (Zenith Investment Retirement Account) is an investment account designed for High-Net-Worth individual customers desirous of saving for their retirement or pension.

Features:

• Minimum initial deposit is GHS 500.
• Minimum monthly deposit GHC100.
• Investment Advisory services.
• A fixed amount is transferred on a specified date from the customer's account to the ZIRA account every month (standing order).
• The customer's account must be adequately funded to facilitate the processing of standing orders. Changes to standing orders are allowed but will take effect the following month.
• The investment automatically renews at the end of every year from the date of initial investment.

Requirements:

• A customer instruction to carry out the investment or a duly completed investment application form.
• Minimum Initial capital of GHS500.
• Withdrawals are allowed twice every 12 months (otherwise a penalty is charged).

Benefits:

• The highest call rate published by the Bank plus a margin of 250 basis points.
• Monthly compounding interest.

SBBA is a repurchase agreement transaction whereby a party (SBBA Seller–Zenith Bank) sells securities at an agreed price to the other party (SBBA Buyer-Customer) and subsequently the SBBA buyer and SBBA seller enter into another agreement thereon whereby the former promises to sell and the latter to buy back the securities on a specified future date and at an agreed price.

Features

• SBBA agreement.
• Minimum transaction value is GHS2,000,000.00.
• Principal and interest/coupon is paid at maturity.
• Competitive interest rates/yields.
• Funds may be rolled over upon request.
• 91 and 182 day SBBA is currently available to customers.

Securities Backed Investment (SBI) is a repurchase transaction whereby a party (SBI Seller) sells securities at an agreed price to the other party (SBI Buyer) with the promise to buy back the securities on a specified future date (coupon payment date) and at an agreed price.

Features

• Minimum transaction value is GHS10,000.00.
• The SBI transaction has a fixed maturity date (next coupon payment date). The tenor of the investment will therefore be from settlement date to fixed coupon/maturity date.
• Various tenors available.
• Principal and interest/coupon is paid at coupon payment/maturity date.
• Competitive interest rates/yields.
• Funds may be rolled over upon request.

• Government of Ghana and corporate bonds are available
• Competitive yields available for a wide range of corporate and GOG bonds. Bonds are traded on yield to maturity or prices
• Customer receives coupon payments and face value per a particular bonds coupon payment schedule
• Minimum settlement value is GHS10,000.00

• Liquidations (whole or partial) on any date from the 1st to the 15th day of the month shall attract a penal charge of 100% of interest accrued in the month. (Applicable to ZISA and ZIRA)
• Liquidations (whole or partial) on any date from the 16th to the final day of the month shall attract a penal charge of 75% of interest accrued in the month. (Applicable to ZISA and ZIRA)