Zenith Bank Sierra Leone Accounts – Get An Account Today

By | June 17, 2021
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Zenith Bank Sierra Leone Accounts

Zenith Bank Sierra Leone Accounts: See below the various account offered by Zenith Bank Sierra Leone.

Savings Account

Everyone is different so one size never fits all. That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle. So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations.

Zenith Bank Sierra Leone Accounts

Savings Account

Everyone is different so one size never fits all. That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle. So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations

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  • A savings account giving customers the unique opportunity to save and earn more.
  • Offers competitive interest rates.
  • Withdrawal of funds is by account owner.
  • Withdrawal is by means of a withdrawal slip at no extra charge
  • Withdrawal can be made at any branch of the Bank
  • It gives customers the unique opportunity to save and earn more
  • Convenient, fast and easy banking

Cheque & Save Account

Cheque and Save account is a hybrid of savings and current account, giving customers the unique opportunity to invest and earn more.

  • Hybrid of savings and current account, giving customers the unique opportunity to invest and earn more.
  • Offers competitive interest rates
  • Access to a Relationship Manager
  • Withdrawal of funds by third parties on behalf of Zenith Bank account holder
  • A maximum of three withdrawals in a month at no cost. Any additional withdrawal attracts a charge.
  • Cheques to be issued for withdrawals at any branch of the Bank.
  • As a hybrid account, it gives customers the unique opportunity to invest and earn more
  • Convenient, fast and easy banking and access to a cheque book
  • Cheques to be issued for withdrawals at any branch of the Bank
  • Account will serve as collateral for loans and/or overdraft.
  • Account will be operated as a hybrid account of savings and current accounts
  • Account will be opened and operated after full documentary and Know Your Customer (KYC)

Zenith Children’s Account (ZECA)

The Zenith Bank Children’s Account is a unique savings account designed to allow parents save for their children’s future and teach them about savings from a tender age. The account is modeled in two tiers for young children and teens with an overarching objective of making savings fun for them and teaching them financial discipline.

  • Savings account for children 0-18 years
  • Competitive interest rate
  • The number of withdrawals allowed is once per month
  • Account can be opened at birth
  • Withdrawals can be made using customized slips
  • Child takes over when ready after 18 years and may operate as current or savings account
  • Encourages parents to save for their children
  • Inculcates a savings habit in children at an early age.
  • Helps parent plan for children´s education
  • Use of account balance as collateral for credit from the bank.
  • Larger deposits earn more interest

Salary Savings Account

The Zenith Salary Account is designed to provide you easy and convenient access to your funds because you have worked hard for it. In addition, because we wish to build with you, this account offers the opportunity for several other employee benefits and enhanced banking experience.

  • Zero account opening balance
  • As account holder, you can personally transact from any branch of Zenith nationwide
  • Earn interest at 3.6%
  • A MasterCard or Visa debit card for cash withdrawals and payments for good and services anywhere in the world
  • In addition, Verve debit card is available on request
  • Get notified for every account activity via of email and/or SMS Alertz.
  • Account opening form
  • One passport photograph of authorized signatory
  • Letter of introduction from your employer on the company’s letterhead
  • Staff identity card
  • Should you want to deposit cheques into account – Two (2) references.
  • Zenith Internet Banking
  • In-branch at any Zenith Bank branch
  • ZenithDirect – our 24/7 telephone banking
  • Zenith Bank ATM nation wide – free cash withdrawal
  • Zenith Mobile Banking App – 24/7 on your smart phone
  • Access your account using your Zenith Bank debit card at participating merchant stores for payment of goods and services in Sierra Leone and anywhere in the world.

Current Account

Open a Zenith Bank current account with full  KYC (Know Your Customer) requirements and gain access to the world of convenience that comes with owning a Zenith Bank account.

Individual Current Account

The Zenith Current Account is designed to provide easy and convenient access to your funds, because you have worked hard all month, added to the fact that you automatically have access to products that will further enhance your banking experience.

  • Cheque operation
  • Monthly statements
  • Standing orders/debit orders
  • Optional overdraft facility
  • Can be opened individually or in joint names
  • Instant access to cash 24/7 through ATM
  • Relatively low monthly service fee
  • Financial flexibility with overdraft
  • Ease of payment for purchases
  • Payment to third party allowed
  • Available on-line real-time

Salary Current Account

The Zenith Salary Account is designed to provide easy and convenient access to your funds, because you have worked hard all month, added to the fact that you automatically have access to products that will further enhance your banking experience.

  • Zero opening balance
  • Internet Banking
  • Mobile Money(linkage to Airtel Money)
  • Debit Card
  • Email/SMS Alertz
  • Salary advance
  • Consumer loans
  • Term loans
  • Account opening form
  • One passport photograph of authorized signatories
  • Introductory letter from company
  • Staff ID
  • Zero account opening balance
  • As account holder, you can personally transact from any branch of Zenith Bank  nation wide
  • Attractive interest rate
  • A MasterCard debit card for cash withdrawals and payments for good and services anywhere in the world
  • Get notified for every account activity via email and/or SMS Alertz

SEE ALSO:

Sierra Leone’s banking system is overseen by its central bank, the Bank of Sierra Leone and twelve commercial banks operate in the country.

All commercial banks are headquartered in Freetown. Accounts can be held in foreign and domestic currencies. While automatic teller machines are available in Freetown and other parts of the country, credit cards are not widely accepted. Transfers of over US$10,000 in value must be sent through the banking system with the objective of ensuring transparency.

Banks cannot lend in foreign currencies, which is a limitation on local business expansion. This can in turn impact the supply chains of large foreign-run businesses.

Currency can be freely converted in Sierra Leone, subject to availability. The Leone is not pegged to a foreign currency and has a floating exchange rate. The Leone has been subject to depreciation since mid-2014 due to declining inflows from the mining sector and, from mid-2015 onwards, a winding-down of Ebola-related donor inflows. Accordingly, the official US$/SLL exchange rate has moved from approximately Le 4,310 in August 2014 to approximately Le 8,600 in February 2019. Typically the US dollar trades in the unofficial, parallel currency market at a premium of 5-10% to the official exchange rate. The continued dollarization of the economy affects the exchange rate.

 

This is a list of commercial banks in Sierra Leone

 

 

Commercial banks

Sierra Leone Commercial Bank (SLCB)

Standard Chartered Bank (Sierra Leone)

Rokel Commercial Bank

Guaranty Trust Bank (Sierra Leone)

Union Trust Bank

First International Bank

FBN Bank Sierra Leone, formerly International Commercial Bank

Access Bank Sierra Leone

Ecobank Sierra Leone

Skye Bank Sierra Leone

United Bank for Africa (UBA) Sierra Leone Main Page

Zenith Bank Sierra Leone

Keystone Bank Sierra Leone

Bank of Sierra Leone

 

Community banks

Mattru Community Bank

Segbwema Community Bank

Yoni Community Bank

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