Keystone Bank




SME BANKING

Sme Banking

At Keystone Bank, our dedicated team of professionals has a track record of combining expertise with strong business acumen to provide the best support for small/medium scale enterprises (SME) and connect them with opportunities to thrive. SMEs are critical to the development of any economy as they provide a means of employment generation, improvement of local technology, output diversification, development of indigenous


entrepreneurship and forward integration with large-scale industries. Several factors have undermined the optimal performance of SMEs and their contribution to economic growth. Keystone Bank seeks to bridge the gap by providing a wide range of financing options, as well as financial advisory services, industry forums and information to ensure business growth.

SME BANKING PRODUCTS




ActivCollect

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.

ActivCollect


Trade Finance

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
Our customers' instruments requirements are differentiated according to instrument size, duration, payment structure, rating of confirming and advising banks, as well as the relationship between our customer and the beneficiary.

Complexity of the Trade Space
We are aware that the Trade Finance space may seem complicated for customers who are more focused on their Manufacturing/Commodities/Aviation and Agricultural business. Keystone Bank, therefore, collaborates with stakeholders including appointed brokers and representatives of these customers to best arrive at a dynamic and suitable financing solution.

• 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.

Risk Mitigation
We are a compliant organisation with strict adherence to all KYC/AML policies and procedures in trade. All Letters of Credit issued and advised by Keystone Bank follow the rules pursuant to UCP 600, URC 522, URDG 758 or ISP 98. Keystone Bank does not advise or issue instruments that do not meet the regulations in the listed rules. Competition
Our customer service orientation, flexibility, global coverage, rates and experienced team produce our competitive edge in the market.

We are open 24 hours, Monday through Sunday to handle enquiries. You can reach us on +234 700 2000 3000 or email us at [email protected]

Domiciliary 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, Euros or Pounds.
• Zero minimum operating balance
• Competitive interest rates
• Issuance of non-clearing cheque book
• Cash handling charge of 0.5% on withdrawals
• No maintenance fee
• No restriction to number of withdrawals
• Access to Keystone Bank debit/credit card.
• Access to safe and secure E-Banking services & Channels - Mobile Banking, Internet Banking for international and local funds transfer
• Cash & wire transfers to and from the account (Terms & Conditions Apply).
• Telex charge of $25 or its equivalent in pounds or euro
• VAT 5%

Requirements:
1. Duly filled and signed account opening form
2. Documentary evidence of address for the company e.g utility bill
3. 2 references (corporate entities only)
4. 2 Passport photographs
5. Valid means of identification of each signatory
6. Residence Permit (where applicable)
7. Certificate of Incorporation / Business Registration
8. Forms CO7 and CO2
9. Memorandum and Article of Association
10. Board resolution
11. Tax Identification Number
12. Stamp Duty(sign across the stamp)
13. Dud Cheque Pledge Form
14. BVN from signatories,
15. Visitation Report & KYC form
16. SCUML (DNFBPs only)
17. ₦50 Postage stamp

For details, kindly contact us at Keystone Bank Limited. 1 Keystone Bank Crescent, Victoria Island, Lagos.
Telephone: 0700 2000 3000.
Email: [email protected]

Keystone Bank Active Domiciliary Account


Dom Extra Account

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, GBP or EUR.
• Issuance of personalized non-clearing cheques
• Competitive interest rates.
• Cash & wire transfers to and from the account (Terms & Conditions Apply)
• Access to Keystone Bank debit/credit card.
• Access to safe and secure E-Banking services & Channels - Mobile Banking, Internet Banking for international and local funds transfer
• Zero transfer charge
• Telex charge of $25 or its equivalent in pounds or euro
• VAT 5%

Requirements:
1. Duly filled and signed account opening form
2. Documentary evidence of address for the company e.g utility bill
3. 2 references (corporate entities only)
4. 2 Passport photographs
5. Valid means of identification of each signatory
6. Residence Permit (where applicable)
7. Certificate of Incorporation / Business Registration
8. Forms CO7 and CO2
9. Memorandum and Article of Association
10. Board resolution
11. Tax Identification Number
12. Stamp Duty(sign across the stamp)
13. Dud Cheque Pledge Form
14. BVN from signatories,
15. Visitation Report & KYC form
16. SCUML (DNFBPs only)
17. ₦50 Postage stamp

For details, kindly contact us at Keystone Bank Limited. 1 Keystone Bank Crescent, Victoria Island, Lagos.
Telephone: 0700 2000 3000.
Email: [email protected]

ActivCollect
SAVINGS ACCOUNT XTRA

Savings Account Xtra is a savings account that functions like a current account. The product is designed for Individuals, Businesses, Clubs & Associations, Religious organizations, Cooperatives and NGOs. Find below features & benefits:

Features :
*Opening balance of ₦5,000 individuals, ₦10,000 for businesses.
*Minimum balance of ₦5,000 individuals, ₦10,000 for businesses.
*Interest rate on 4.2% per annum. (Terms and conditions apply)
* Zero maintenance fee
*Issuance of Verve, VISA and MasterCard debit cards
*Issuance of non-clearing cheque booklets
*Clearing cheques & dividend warrants lodgment into account.
*Third party withdrawals using non-clearing cheque books.
*Access to E banking products - Cards, USSD, Mobile banking & Internet banking

Savings Account Xtra
Requirements
Individual Micro, Small and Medium Enterprises and trader Corporate
Duly filled and signed account opening form Duly filled and signed account opening form Duly filled and signed account opening form
Valid means of identification Certificate of Registration Documentary evidence of address for the company
Dud Cheque Pledge Form Form of application for registration of business name 2 references (corporate entities only)
2 references Documentary evidence of address for the business 2 Passport photograph
Utility Bill 2 confirmed references Valid means of identification of each signatory
BVN from customer, Passport photograph of each signatory Residence Permit (where applicable)


Visitation report and KYC form Mandate card Certificate of Incorporation / Business Registration
Passport photograph of the signatory
 Copy of Valid means of identification of the signatory Forms CO7 and CO2
Mandate card Letter of Introduction Memorandum and Article of Association
Copy of valid ID of the signatory Tax Identification Number Board resolution
Mandate card Letter of Introduction Memorandum and Article of Association
₦50 Postage stamp Dud Cheque Pledge Form Search report
BVN from customer Tax Identification Number
Visitation report & KYC form Stamp Duty(sign across the stamp)
₦50 Postage stamp Dud Cheque Pledge Form
BVN from signatories,
Visitation Report & KYC form SCUML (DNFBPs only)
₦50 Postage stamp

For details, kindly contact us at Keystone Bank Limited. 1 Keystone Bank Crescent, Victoria Island, Lagos.
Telephone: 0700 2000 3000.
Email: [email protected]

GROWBIZ ACCOUNT

GrowBiz account is designed to meet the needs of SMEs (Small Medium Enterprises) i.e. Sole Proprietors, Professional Firms, Schools, Religious Bodies, NGOs, Limited Liability Companies etc. The product is available in two variants - GrowBiz Gold Account with minimum balance and GrowBiz Classic Account without minimum balance.



growbiz
Features
Opening and minimum operating balance of ₦50,000 for Individuals,
₦100,000 for Businesses and ₦250,000 for Corporates
Zero fixed opening and minimum operating balance required
No fixed monthly maintenance fee Fixed monthly maintenance fee of ₦1,700 for Individuals, ₦2,500 for Businesses and Corporates
Issuance of cheque booklets Access to credit facilities (terms and conditions applies Issuance of cheque booklets Access to credit facilities (terms and conditions applies
No restriction to number of withdrawals No restriction to number of withdrawalss
No maximum turnover on account No maximum turnover on account
Requirements
Individual Micro, Small and Medium Enterprises and trader Corporate
Duly filled and signed account opening form Duly filled and signed account opening form Duly filled and signed account opening form
Valid means of identification Certificate of Registration Documentary evidence of address for the company
Dud Cheque Pledge Form Form of application for registration of business name 2 references (corporate entities only)
2 references Documentary evidence of address for the business 2 Passport photograph
Utility Bill 2 confirmed references Valid means of identification of each signatory
BVN from customer, Passport photograph of each signatory Residence Permit (where applicable)


Visitation report and KYC form Mandate card Certificate of Incorporation / Business Registration
Passport photograph of the signatory
 Copy of Valid means of identification of the signatory Forms CO7 and CO2
Mandate card Letter of Introduction Memorandum and Article of Association
Copy of valid ID of the signatory Tax Identification Number Board resolution
Mandate card Letter of Introduction Memorandum and Article of Association
₦50 Postage stamp Dud Cheque Pledge Form Search report
BVN from customer Tax Identification Number
Visitation report & KYC form Stamp Duty(sign across the stamp)
₦50 Postage stamp Dud Cheque Pledge Form
BVN from signatories,
Visitation Report & KYC form SCUML (DNFBPs only)
₦50 Postage stamp

For details, kindly contact us at Keystone Bank Limited. 1 Keystone Bank Crescent, Victoria Island, Lagos.
Telephone: 0700 2000 3000.
Email: [email protected]

Corporate Current Account

This serves as a higher variant of the Quick Save account, targeted at financially excluded persons. The customer is, however, required to provide a valid form of identification.

Features:
• Minimum opening balance of N10,000
• No minimum operating balance
• Current account maintenance fee of N1 for every N1,000 debit transaction
• Issuance of cheque booklet valid for clearing
• Account can be used to access loans
• No restriction to number of withdrawals

Requirements:
1. Duly filled and signed account opening form
2. Documentary evidence of address for the company e.g utility bill
3. 2 references (corporate entities only)
4. 2 Passport photographs
5. Valid means of identification of each signatory
6. Residence Permit (where applicable)
7. Certificate of Incorporation / Business Registration
8. Forms CO7 and CO2
9. Memorandum and Article of Association
10. Board resolution
11. Search report
12. Tax Identification Number
13. Stamp Duty(sign across the stamp)
14. Dud Cheque Pledge Form
15. BVN from signatories,
16. Visitation Report & KYC form
17. SCUML (DNFBPs only)
18. ₦50 Postage stamp

Corporate Current Account
SCHOOL SUPPORT

Designed to provides tailored finance to registered private Creche, Nursery, Primary and Secondary schools (excluding tertiary institutions).

School_support
Shop Owners Advantage

Designed for Small and Medium Entrepreneurs in need of working capital who pledge their shop documents in government approved market locations as collateral.

Small and Medium Entrepreneurs Tenor: 365 days with 90-days clean-up cycle.

For details, kindly contact us at Keystone Bank Limited.
1 Keystone Bank Crescent,
Victoria Island, Lagos.
Telephone: +234 700 2000 3000.
Email: [email protected]

Shop Owners Advantage
Stock Hypothecation

Designed for Small Medium Entrepreneurs (SMEs). It gives SMEs the flexibility to pledge stock as collateral.

Tenor: 90 Days.

For details, kindly contact us:
Keystone Bank Limited.
1 Keystone Bank Crescent,
Victoria Island, Lagos,
Telephone: +234 700 2000 3000
Email: [email protected]

Stock Hypothecation