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 contactcentre@keystonebankng.com

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: contactcentre@keystonebankng.com

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: contactcentre@keystonebankng.com

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:

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.

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

SCHOOL SUPPORT

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