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Commercial Banking

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The Commercial Banking Division provides specialised financial services to small businesses and multinationals to support operations in developing and developed markets. From creating access to a wide range of capital financing to the ease of mobile banking, we provide the resources required for this customer segment between the Retail and Corporate ends of the market.


Our Service Promise
We support, guide and grow customers by providing the necessary financial solutions for sustainable growth, investment, profitability and liquidity management.

Our Delivery Model

Our financial and business experts have the products, experience and knowledge to work with your firm to tailor financial solutions that help meet your set goals. Our passion is to grow small and medium businesses into conglomerates. We take the burden of selecting financial options off you so you can concentrate on building your business.


Corporate Current Account

Corporate Current Account

This is a current account designed for registered business

This is a current account designed for registered business to carry out banking transactions.

Features
  • Minimum opening balance of N10,000
  • No minimum operating balance
  • N1 per mille monthly CAMF fees
  • Issuance of cheque books (valid for clearing)
  • Account can be used to access loans
  • No limit to number of withdrawals
Requierments
  • Duly filled and signed account opening form
  • BVN from signatories
  • Documentary evidence of address for the company e.g utility bill
  • 2 references (corporate entities only)
  • 2 passport photographs
  • Valid means of identification of each signatory
  • Residence Permit (where applicable)
  • Certificate of Incorporation / Business Registration
  • Forms CO7 and CO2
  • Memorandum and Articles of Association
  • Board resolution
  • Tax Identification Number
  • SCUML certificate (DNFBPs only)
GrowBiz Account

GrowBiz Account

The Keystone Growbiz account is designed to meet the needs

The Keystone Growbiz account is designed to meet the needs of business owners i.e. Sole Proprietors, Partnerships and Limited Liability Companies. The product is available in two variants - Growbiz Gold Account (with minimum balance) and Growbiz Classic Account (No minimum balance). Furthermore, each variant is broken down into three key segments - Individuals, SME/Traders, and Corporates.

Features

S/N

FEATURES

GROWBIZ CLASSIC

GROWBIZ GOLD

1

Opening balance

SME/Traders – N/A

Corporates – N/A

SME/Traders – N50,000

Corporates – N250,000

2

Minimum balance

SME/Traders – N/A

Corporates – N/A

SME/Traders – N50,000

Corporates – N250,000

3

Monthly maintenance fee

SME/Traders – 1,700

Corporates – 2,500

SME/Traders – N/A

Corporates – N/A

4

International banking services

Access to international banking services

Access to international banking services

5

Cheque Book

Access to cheque book duly paid for.

Access to cheque book duly paid for.

6

Credit Facilities

Access to Credit Facilities (Terms and Conditions apply)

Access to Credit Facilities (Terms and Conditions apply)

7

Advisory Services

Financial advisory service for business clusters

Financial advisory service for business clusters

Online marketplace to be delisted for now until the service is restored.

Requirements
IndividualMicro, Small and Medium Enterprises and traderCorporate
Duly filled and signed account opening formDuly filled and signed account opening formDuly filled and signed account opening form
Valid means of identificationCertificate of RegistrationBVN from signatories

2 references (current account holders only)

Form of application for registration of business nameDocumentary evidence of address for the company e.g utility bill
Documentary evidence of addressDocumentary evidence of address for the business2 references (corporate entities only)
BVN from customer2 confirmed references2 Passport photographs
Passport photograph of the signatoryPassport photograph of each signatoryValid means of identification of each signatory
Mandate cardMandate cardResidence Permit (where applicable)
Copy of valid ID of the signatory

Copy of Valid means of identification of the signatory

Certificate of Incorporation / Business Registration
Tax Identification NumberForms CO7 and CO2
BVN from customerMemorandum and Article of Association
SCUML certificate (DNFBPs only)Board resolution
Tax Identification Number
SCUML certificate (DNFBPs only)
Domiciliary Account

Domiciliary Account

Keystone Bank Domiciliary Account is a current account

Keystone Bank Domiciliary Account is a current account denominated in foreign currency designed for registered companies.

Features
  • Account can be denominated in Dollars, Pounds or Euros
  • Minimum opening balance of 100 Dollars, 100 Euros or 100 Pounds
  • Zero minimum operating balance
  • Competitive interest rates
  • Issuance of cheque book (not valid for clearing)
  • No maintenance fee
  • No limit to number of withdrawals
  • Access to Keystone Bank debit/credit card.
  • Access to safe and secure E-Banking services & Channels - Mobile Banking and Internet Banking services
Requirements
  • Duly filled and signed account opening form
  • Valid means of identification
  • Documentary evidence of address
  • 2 references
  • BVN
  • Passport photograph
  • Mandate card
Dom Extra Account

Dom Extra Account

Keystone Bank Domiciliary Extra Account is a foreign

Keystone Bank Domiciliary Extra Account is a foreign currency denominated account that is targeted at Limited Liability Companies.

Features
  • Account can be denominated in Dollars, Pounds or Euros
  • Minimum operating balance of 1,000 USD, 1,000 GBP or 1,000 EUR
  • Issuance of personalized chequebooks (not valid for clearing)
  • Zero transfer charge
  • Competitive interest rates.
    Access to Keystone Bank debit/credit card.
  • Access to safe and secure E-Banking services & Channels - Mobile Banking and Internet Banking service.
Requirements
  • Duly filled and signed account opening form
  • Valid means of identification
  • Documentary evidence of address
  • 2 references
  • BVN
  • Passport photograph
  • Mandate card
Trade Finance

Trade Finance

We Deliver Customer-focused Trade Finance Solutions. At

We Deliver Customer-focused Trade Finance Solutions. At Keystone Bank, we understand that no two businesses are the same. We provide services to fit dynamic trade finance needs and unique backgrounds throughout the trade cycle.

Differentiation of Trade Instruments

Trade Products

  • Bank Guarantee (BG)
  • Documentary Letter of Credit (LC)
  • Standby Letter of Credit (SBLC)
  • Documentary Collections.
  • Trade Advisory Services and Intermediations.
  • Global Coverage
  • Export Receivable Discounting Facility-ERDF
  • Import Finance Facility-IFF

Keystone Bank maintains a global footprint through a strong correspondent banking network and key strategic alliances with multilateral agencies and development finance institutions.

ActivCollect

ActivCollect

ActivCollect is Keystone Bank's proprietary collection

ActivCollect is Keystone Bank's proprietary collection platform built on our robust technology for collections across our branch network. The technology enables us customise secure cash collection solutions that help businesses manage liquidity, control payments, and reconcile accounts efficiently while monitoring real-time from any location.