Individual Account

A transactional account which allows deposits, withdrawals, payments and transfers among other transactions

 Account Opening Requirements

  • Initial deposit
  • Original ID (National ID, Driver’s License or valid passport)
  • Copy of ID
  • Proof of Residence.

Benefits

  • Access to Salary Based Loans and Salary Based Overdrafts
  • Account holders are issued with a ZimSwitch enabled debit card for ease of transacting.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Account can be linked to Ecocash, Telecash or OneMoney.
  • Clients can conveniently bank on the go anytime, anywhere using Online Banking, Cellphone Banking and ‘On the Go’ App.

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NSSA Account

A transactional account created specifically for NSSA pensioners to receive their NSSA benefits. The NSSA account is available for two categories of account holder namely; clients aged below 60 years and those aged above 60years. 

Account Opening Requirements

  • Original ID and clear copy (National ID, Driver’s License or valid passport)
  • Current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District District)
  • NSSA account opening letter

Benefits

  • Exemptions and subsidized bank charges.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Accountholders are issued with a ZimSwitch enabled debit card for easy of transacting.
  • Account can be linked to Ecocash, Telecash or OneMoney
  • Clients can conveniently bank on the go anytime, anywhere using Online Banking, Cellphone Banking and ‘On the Go’ App.

Apply Now

Senior Citizen Account

A transactional account for senior citizens aged 75years and above that offers traditional banking services at no cost. 

Account Opening Requirements

  • Initial deposit.
  • Original ID and clear copy (National ID, Driver’s License or valid passport)
  • Current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District Council)

Benefits

  • Low cost banking.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Accountholders are issued with a ZimSwitch enabled debit card for easy of transacting.
  • Account can be linked to Ecocash, Telecash or OneMoney.
  • Clients can conveniently bank on the go anytime, anywhere using Online Banking, Cellphone Banking and ‘On the Go’ App.

Apply Now

Pensioner’s Account

Pensioners aged between 65 and 74years are eligible to open the low cost Pensioner’s Account. 

Account Opening Requirements

  • Initial deposit.
  • Original ID and clear copy (National ID, Driver’s License or valid passport).
  • Current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chiefs or District).

Benefits

  • Low cost banking.
  • Access to POSB’s wide distribution network of 36 own branches and over 300 agents.
  • Accountholders are issued with a ZimSwitch enabled debit card for easy of transacting.
  • Account can be linked to Ecocash, Telecash or OneMoney
  • Clients can conveniently bank on the go anytime, anywhere using Online Banking, Cellphone Banking and ‘On the Go’ App.

Apply Now

Individual Farmers Account

This is a transactional account which gives communal farmers access to low cost banking services for no initial deposit.

Account Opening Requirements

  • Original ID and clear copy of the same ( National ID, Driver’s License or valid passport)
  • Grower’s Number (where applicable)

Benefits

  • Low bank charges.
  • Zero initial deposit on account opening.
  • Access to POSB’s wide distribution network of 35 own branches and over 300 agents.
  • Account can be linked to Ecocash, Telecash or OnemMoney.
  • Digital banking on the go on Cellbank, ‘On the Go’ App and Online Banking.

Apply Now

Individual Farmers Nostro FCA

Farmers can also open Nostro FCA account through which they can receive foreign currency payments from sell of their produce. 

Account Opening Requirements

  • Original ID and clear copy of the same ( National ID, Driver’s License or valid passport)
  • Grower’s Number (where applicable)

Benefits

  • Accessibility
  • Annual account maintenance fee
  • Easy to open

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Youth Account

An instant KYC lite transactional account designed for young people aged between 10 and 24years. The account gives young people access to convenient, accessible and affordable banking. 

Account Opening Requirements

  • Initial deposit
  • Age 10 to 24 years.
  • Original ID and clear copy of the same (National ID, Driver’s License or valid passport) for those aged above 16, guardian’s for those aged below 16years.

Benefits

  • Low bank charges
  • Instant account opening
  • Instant debit card issued on account opening
  • Digital banking ‘on the go’ on Cellbank, ‘On the Go’ App and Internet Banking

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People’s Choice Account

All those aged above 24 years can open this instant, KYC lite, low cost transactional account that gives them access to convenient world class banking. 

Account Opening Requirements

  • Initial deposit.
  • Age above 24years.
  • Original ID and clear copy of the same (National ID, Driver’s License or valid passport).

Benefits

  • Low bank charges
  • Instant account opening
  • Instant debit card issued on account opening
  • Digital banking ‘on the go’ on Cellbank, ‘On the Go’ App and Internet Banking

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Informal Traders Account

The Informal Traders Account was designed to give informal traders access to affordable and convenient banking services that will help them take their trade a step higher. 

Account Opening Requirements

  • Original ID and clear copy of the same (National ID, Driver’s License or valid passport).
  • Current proof of residence (Latest Utility Bills, Letter from Headmaster, Chiefs or District District).

Benefits

  • Low initial deposit required at account opening.
  • Low bank charges
  • Digital banking ‘on the go’ on Cellbank, ‘On the Go’ App and Internet Banking.
  • Account can be linked to Ecocash, Telecash or OnemMoney
  • Access to merchant services, microfinance and order finance for qualifying customers

Apply Now

Level-Up Student Account

The transaction account designed to provide tertiary education students studying in Zimbabwe with affordable, convenient and accessible world class banking services.

Account Opening Requirements

  • Initial deposit
  • Original ID and clear copy of the same (National ID, Driver’s License or valid passport).
  • Current proof of residence (Latest Utility Bills, Letter from Employer, Headmaster, Chief or District District).
  • Proof of studentship at tertiary level.

Benefits

  • Low bank charges.
  • No maximum balance limit.
  • ZimSwitch enabled debit card for ease of transacting.
  • Account can be linked to Ecocash, Telecash or OneMoney.
  • Digital banking ‘on the go’ on Cellbank, ‘On the Go’ App and Internet Banking.

Apply Now