AFRICAN BANKING CORPORATION

ABC GLOBAL our full

range of exclusive Products & Services tailor-made for YOU our Diaspora clientele

Our Vision Our Mission Our Core Values

ABC BANK PROFILE

OUR VISION

To EMPOWER you to achieve theEXTRAORDINARY

OUR MISSION

To NURTURE lasting relationships with allstakeholders through innovative value

addingfinancial solutions and services that help

realize your objectives.

OUR CORE VALUES

Customer Centric Professional Teamwork Excellence Commitment

ABC Global AccountsLoans & MortgagesMoney Transfer SolutionsLife & Medical Insurance Upgraded Internet BankingMasterCardCustomer Service

ABC GLOBAL: PRODUCTS & SERVICES

ABC Global Current Account ABC Global Savings Account (Pure Savers) ABC Global Salary Account (Pesa) YoungStar Account Fixed Deposit Accounts

ACCOUNTS

ABC Global Current Account

Main Features: No Ledger Fees after you fund the account with a minimum

of Kshs 5,000 (or foreign currency equivalent). Accounts with balances below Kshs 5,000 attract fee of Kshs 300 per month

ABC Bank Debit MasterCard available in both Kshs & USD ($) and can be used worldwide while on the go

Secure and reliable 24hr Upgraded Internet Banking platform for all transactions e.g. RTGS , EFTs etc

Competitive Interest earning rates from an account minimum balance of Kshs 10,000

Account available in Kshs, USD, GBP, Euro and S.A. Rand Ability to apply for Mortgages, Personal and Construction

loans No limits on deposits but higher deposits earn higher

interests

ABC Global Savings Account

Main Features: Account purely for saving purposes; NO ATM card issued Minimum opening balance of Kshs 5,000 NO Fees charged; its simply a FREE SAVINGS account Reduced interest earning balance at competitive rates

from Kshs 5,000 instead of Kshs 10,000 Account available in Kshs, GBP,USD, EURO and S.A.Rand Free Monthly Statements 24hr access to use our fast, secure & reliable Internet

Banking platform Automatic qualification to apply for Mortgages, Personal

& Construction loans

ABC Global Salary Account

Main Features Minimum opening balance Minimum interest earning balance is Kshs 25,000 MasterCard Debit card and Cheque book available Account available in USD, GBP, Euro and SA Rand Ability to apply for Personal loans, Mortgages and

Construction loans Kshs 100 monthly fee Secure and reliable Internet Banking platform

accessible 24hrs a day

ACCOUNT OPENING REQUIREMENTS

Fully Completed ABC Global Account Opening Form Copy of National Identification Document such as

an I.D. Card or valid National Passport 2 Passport Size Photos Proof of Residential Address like utility bill in your

name – water, electricity of telephone bill Introducers Letter Copy of PIN (optional) Copy of Birth Certificate (where applicable for

minors) Copy of Student Identification Document (where

applicable)

Residential Mortgage (Owner Occupier) Construction Loan Vacant Land Purchase

LOANS & MORTGAGES

SELF EVALUATION QUESTIONS

Before applying for any kind of loan or mortgage, it is important to ask yourself these questions:

How much can I afford to borrow with no strains and hassles?

How much can I afford to pay per month? How long will my Loan/Mortgage term be? How much deposit can I afford if it’s a Mortgage? Do I want a Residential (Owner Occupier), Buy-to-

Let or Commercial loan?

GENERAL REQUIREMENTS

Copy of Title: (if lease, minimum term 45years) For outright purchase: Sales agreement or offer

letter from the seller Valuation report (valuation fees payable by

Applicant) Ground Rent and Rates: Latest receipts confirming

payments to the city/town council Life Insurance: ABC Insurance quotation Landlords using rental income as security, ABC

will carry out a rental assessment

Construction Loans

Requirements Land with a clean title Approved building plans. Approved structural drawings Priced Bill of Quantities reports Profile/CV –Architect, Quantity Surveyor, structural Engineer,

Contractor and Project Manager Applicants contribution - provide evidence of own funds for

the projects equity contribution . 20% or more is required Contractors Agreement specifying duration of the project and

performance bond  Bank can provide Quantity Surveyors, lawyers and project

manager for this product if you don't have them on place Approval within 14-21 days when all documents are in place Tailored Interest rate from 15.9% but can be brought down

with a higher deposit from the Applicant.

Residential Mortgages 80% Financing Facility Borrower pays 20% deposit of the purchase price Loan or property value should be from a minimum Kshs 2.5

Million to a maximum of Kshs 20 Million You must be a salaried individual or self employed with clear

proof of income with a minimum gross salary/income of at least Kshs 100,000 or equivalent in Foreign Currency

Property has to be a developed residential property Maximum repayment period is up to 15 years depending on

age, retirement or financing level; ABC Direct Access Mortgage feature allows you to make lump

sum deposits and withdrawals on your Home loan account Approval is within 14 days after receipt of all documentation Access to a dedicated Customer Service centre ready to assist

you through the home loan process Competitive variable interest rates linked to the CBK base rate

from 15.9% and can be negotiated down with a higher deposit from the applicant

Vacant Land Purchase

Features Maximum loan period of five (5) years Maximum loan amount of Kshs 20,000,000 We will finance a maximum of 70% of the Land

sale value. Very Competitive variable interest rates Our commitment fee is only 1% of the loan

amount The Land MUST HAVE a clean TITLE DEED of

which ABC will verify with the Lands Registry

Requirements for Employed Applicants

Duly filled Mortgage/Loan Application Form Read, understand and accept the Terms & Conditions 3 Passport size photos Certified 6 months current bank statements (if different

from ABC Bank Account) Certified 3 months current pay slips or evidence of

income if self employed Copy of Pin Certificate Evidence of clients owner contribution Proof to meet 20% or 30% financing requirement

depending on financing level (deposit slip of funds) Valid Title deed of the property to be charged Professional valuation of property to be developed by a

valuer on ABC Bank’s panel Signed Sale agreement by both parties and witnessed

by a solicitor

Requirements for Self Employed Applicants

Certified Bank statements for the last twelve (12) months Audited Accounts for the last one (1) year Cash Flow projections for the next one (1) year A brief write up detailing history and nature of your business Sale agreement duly signed by both parties witnessed by a

lawyer Copy of Title (minimum lease period is forty-five [45] Years) Net disposable income should be at least 30% of net income

to accommodate domestic expenses Certificate of official search of the property from Lands

Registry Proof that you can meet the 20% or 30% financing

requirement depending on bank financing level (evidence of funds deposit slip)

Open ABC mortgage account Tenancy agreements for rented property (if any)

Requirements for Limited Companies

Duly filled Mortgage/Loan Application Form Business brief profile, nature and operation of the business Certified copy of Incorporation Copy of Memorandum &Articles of Incorporation Board /Directors Resolution authorizing borrowing Read, understand and accept the Terms & Conditions 6 months current bank statements 3 years audited accounts and current management

accounts Expected One (1) year cash flow statements Satisfactory credit appraisal and approval Execution of all legal documents Company KRA PIN and ID Copies of all Directors Valid Sale Agreement and copy of the Title Deed Review and attach all documents required on the

Mortgage/Loan Application Checklist

Other Standard Requirements

Other Requirements for all Applicants: Evidence that statutory approvals have been

obtained e.g. National Environmental Management Authority (NEMA) approvals, County and Municipal Council approvals, Approved Architectural plans

Rent and rates clearance certificate Profile of professionals undertaking the construction

project Copies of signed contracts between Developer and

Contractor Bills of Quantities from a practicing Quantity Surveyor Stamp Duty paid to Kenyan Government; normally

4% (urban) 2% (non-urban) Valuation Fees- payable directly to independent

approved bank valuer Legal fees – payable to the advocate’s office

International Transfers Local Transfers

MONEY TRANSFER SOLUTIONS

Our Money Transfer Solutions

International Transfers ABC M-Transfer Instant Cash SWIFT International Transfer M-Pesa (from select money transfer providers) Western Union Al Dahab Exchange – Middle East Region

Local Transfers M-Pesa Internal – within ABC Bank and it is FREE and instant RTGS – interbank, same day if carried out before 1:00PM

EAT EFT’s – interbank, using a local clearing house so

received after 3 business days

ABC M-Transfer

An innovative FREE money transfer service available in over 80 countries worldwide; (USA launch coming soon)

Register, book and transfer your money- for free – directly from your foreign account, debit card or bank account

Enjoy competitive exchange rates Its fast, safe and convenient as the money goes

directly to your account Available to non-ABC Bank customers as well Log-onto https://abc-moneytransfer.com/ and

start saving TODAY!!!

abcD’Bouquet ALL Inclusive Life Package Diaspora Return Ticket Beneficiary Funeral Expense Life Cover Pension Health Insurance

Medical Insurance Package

LIFE & MEDICAL INSURANCE

Easy Bill Payment that provides a fast, simple and secure way to move moneyFunds Transfer: perform transactional and non-transactional tasks such as; FREE internal transfer within ABC Bank accounts money transfers to other local banks using RTGS’ and EFT’s M-Pesa Solutions International bank payments using SWIFTMobile Banking: download our ABC Bank Internet Banking Application using ‘Play Store’ found on all android Smartphone’s or link directly from your web browser.Quick Access: secure messaging and ordering platform, download account statements in PDF, WORD or EXCEL, track all your ABC Bank accounts, view balances and recent transaction2nd Level Authentication which provides another level of security for all your banking transactions through the use of Transaction Authentication Numbers (TAN) received either via SMS or our branded Security Token.

UPGRADED INTERNET BANKING

Freedom of banking anywhere in the world while on-the-go with our Debit MasterCard;

Available both in Kenya Shillings (Kshs) and US Dollar (USD);

Vast branch network anywhere you see MasterCard logo;

Access to our 24 hour Authorization Center via: Email: abccards@abcthebank.com Phone: +254 (020) 267-2260

+254 (020) 444-0033

DEBIT MASTERCARD

DO YOU WANT TO TALK2US?Our dedicated Diaspora Department as well as the ABC Bank Customer Service Team are standing by waiting to assist you today!!!

CUSTOMER SERVICE

DIASPORA DEPARTMENT

CUSTOMER SERVICE DEPARTMENT

Bank Website: www.abcthebank.com Email Address: talk2us@abcthebank.com Hotline: + 254 (0) 701 700700 Main Bank No: + 254 (020) 426 3000 Live Chat:

www.abcthebank.com/instantchat Twitter: @abcbankkenya FaceBook: www.facebook.com/abcthebank SWIFT Code: ABCLKENA

AFRICAN BANKING CORPORATION

THANK YOU