CalBank Premium Account

CalBank Premium account is a hybrid account designed to offer the unique benefits of both savings and current accounts. It also offers clients the prestige to issue cheques as well as enjoy attractive interest rates paid on the account. It is available for both individuals and institutions.


Our CalBank Premium Account grants our business clients a maximum of three (3) withdrawals in a month with additional withdrawals attracting a charge. Cheques on this account can be issued at any CalBank branch as well as any other Bank.

Other benefits of the account are:

  • Tiered and competitive interest is paid on the account.
  • Opportunity to issue cheques on the account for convenience purposes.
  • Flexible withdrawals.

Must own a business and be registered with Registrar General

The initial deposit is GHS500.00

Below are further requirements depending on the type of Current Account being opened:

Partnerships:

  • Certified True Copy of Form A/Partnership Deed.
  • Certified True Copy of Certificate of Registration.
  • Resolution of Partners Regulating the Conduct of the Account on the Company’s Letterhead.
  • Resolution nominating signatories to the account (on company’s letterhead).
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • Identification of each partner and signatories e.g. Passport, Drivers’ License, NHIS Card, Voter’s ID Card.
  • One (1) current passport size picture of each partner and signatories.
  • Initial deposit amount.

Sole Proprietorship

  • Certified True Copy of Form A.
  • Certified True Copy of Certificate of Registration.
  • Resolution of the Proprietor Regulating the Conduct of the Account on Company Letterhead.
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • Identification e.g. Passport, Driver’s Licence, NHIS Card, Voter’s ID Card of the proprietor and signatories.
  • One (1) current passport size picture of the proprietor.
  • Current company registration documents from the Registrar Generals Department.
  • Initial deposit amount.

Associations

  • Certified True Copy of the Regulations of the Association (where applicable).
  • Certified True Copy of the Registration Certificate (if applicable).
  • Resolution of the Executives regulating the conduct of the account on association’s letterhead (sample provided).
  • Resolution nominating the signatories to the account.
  • Identification of all Executives and signatories e.g. Passport, Drivers? Licence, NHIS Card, Voter’s ID Card.
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • One (1) current passport-size photograph of each executive and signatories.
  • Initial deposit amount

Clients must fulfill all KYC and account opening requirements per each category such as:

The minimum balance required to earn interest is GHS 500.00.