Club Account

A low cost account that enables collectives such as social clubs, burial societies and co-operatives to conveniently meet their transactional needs and financial goals. 

Account Opening Requirements

  • Initial deposit.
  • Club Constitution/ Resolution/ Minutes.
  • Original and clear copies of IDs for all authorized signatories (National ID, Driver’s License or valid passport).
  • Current proof of residence for authorized signatories (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District).

Benefits

  • Low bank charges.
  • Attractive tax free interest on deposits.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Clubs can be issued with ZimSwitch enabled debit cards for easy of transacting.
  • Bank on the go with POSB world class Online Banking platform to make bill payments, transfer funds through internal transfers/ZIPIT/RTGS, manage beneficiaries, receive transaction notifications on email and more.

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School Account

A low cost transactional account that allows educational institutions such as pre-schools, nurseries, primary schools, high schools, colleges and universities to meet their daily transactional requirement. All registered educational institutions in Zimbabwe can open the account.

Account Opening Requirements

  • Initial deposit.
  • School Constitution/ Resolution/ Minutes.
  • Original and clear copies of IDs for all authorized signatories (National ID, Driver’s License or valid passport).
  • Current proof of residence for authorized signatories (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District).

Benefits

  • Low bank charges.
  • Attractive tax free interest on deposits.
  • Access to merchant POS machines to facilitate card based transactions.
  • Schools can be issued with ZimSwitch enabled debit cards for easy of transacting.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Bank on the go with POSB world class Online Banking platform to make bill payments, transfer funds through internal transfers/ZIPIT/RTGS, manage beneficiaries, receive transaction notifications on email and more.

School Development Loan Facility

Church Account

A transactional account that offers affordable and convenient world class banking to all religious organizations.

Account Opening Requirements

  • Initial deposit.
  • Church Constitution/ Resolution/ Minutes.
  • Original and clear copies of IDs for all authorized signatories (National ID, Driver’s License or valid passport).
  • Current proof of residence for authorized signatories (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District).

Benefits

  • Low bank charges.
  • Attractive tax free interest on deposits.
  • Access to merchant POS machines to facilitate card based transactions.
  • Schools can be issued with ZimSwitch enabled debit cards for easy of transacting.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Bank on the go with POSB world class Online Banking platform to make bill payments, transfer funds through internal transfers/ZIPIT/RTGS, manage beneficiaries, receive transaction notifications on email and more.