IZB Save Plus Account

Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Visa Chip & Pin Debit Card, SMS Alert, Mobile and Internet Banking facility.

  • Attractive interest
  • IZB contactless card
  • SMS alert
  • Mobile banking and internet banking facilities
  • No monthly charges
  • IZB application form
  • Recommendation letter
  • Copy of NRC/Passport
  • Passport size photos
  • Proof of residence
  • Minimum of K1000 per month to be maintained.
  • T-Pin
Sr.No.Product NameIZB Forex Current Account
1.Target GroupChildren (under
guidance) Individual
and Joint Account
holders
2.Account Opening
Requirement
KYC requirement as stipulated
3.Type of AccountPure Savings
4.Rate of Interest6% p.a payable
twice-yearly
5.Maintenance ChargesFree
6.Maximum BalanceNA
7.Minimum Balance
Requirment
K1,000/-
8.Minimum Balance
Charge
K25/-
9.Cheque BookN/A
10.SMS AlertFree
11.Monthly
Statement
Free once per
month
12.Duplicate/Interim
Statement
K50/- per page
13.Transaction FeeFree
14.E-statementAvailable – Free
15.Closure of accountFree
16.Cash Deposits (At any IZB Branch)Free
17.Cash Withdrawal Charges (at any IZB branch)
Note: Savings
account holders
who do not qualify
for Debit card such
as churches,
NGO’s, etc are
exempted from this
service charge.

i)Free once
per month
thereafter
K50/- within
ATM limit i.e.
K20,000.00

ii)Free above
ATM Limit

18.Issuance of Deposit BookFree
19.

IZB Visa Chip Debit Card – Charges 

i) Issuance charge
ii) Monthly  Fee
iii) Renewal of Card Charges
iv) Card Replacement / Uncollected card beyond 90 days
– Classic
– Gold
– Platinum
v) PIN Regeneration

IZB ATMs

i) Cash Withdrawals (in kwacha)
ii) Balance Enquiry
iii) Mini Statements

Other Bank’s VISA enabled ATMS in Zambia

i) Cash Withdrawal ( in kwacha)
ii) Balance Enquiry

 

Other Banks VISA enabled ATMs (abroad)

i) Cash Withdrawal

ii) Balance Enquiry

Visa Dispute Fee

 

 

Free
Free
Free

 

K100/- per card
K125/- per card
K150/- per card
Free

 

K8/-
Free
K3/-

 

K15/-
K 3/-

 

 

K35/-

K10/-

Free, however, if the matter goes for arbitration, appropriate fees shall apply on a cost recovery basis.

20.Return of chequesN/A
21.Stop Payment
Instructions
N/A
22.

Remittances (Kwacha)

  • (a) Banker’s cheque

    (b) Cancellation of Banker’s cheque

    (c) Issuance of duplicate Banker’s cheques in lieu of lost cheque

    (d) Cancelling of lost Banker’s cheque

    ii) Other remittances

    a) Within IZB branches

    b) RTGS – Manual

    c) RTGS – Electronic

    d) DDACC – Manual

    e) DDACC – Electronic

    iii) Transfer of funds on closure of account

  •  

  •  

K 100/- plus VAT

K 50/-

 

K 75/-

K 100/-

 

Free

K 55/- per transaction

K 40/- per transaction

K25/- per transaction

K10/- per transaction

K 50/- per transfer

23.Balance confirmation chargesK200/- per certificate
24.Authentication/Authorisation/Verification
of other documents
(only if closed within last 6 months)
K50/- per document for confirmation/ authorization
/verification of documents
25.Standing Order Charges

i) Setting up charges
ii) Processing (internal) intra-bank
iii) Processing (external within Zambia) Inter-bank
iv) Amendment


K50/-
K20/- per transaction
K25/- per transaction
Free
26.Dormant AccountFree
27.Reactivation of Account (only if closed
within last 6 months)
Free
28.Photocopies at customer’s requestK 10/- per page
29.Request for retrieval of paid cheque, deposit slip, transfer request or any Bank record.K 200/- per instrument
30.Reference letterK50/- per letter
31.NAPSA Online PaymentFree

SECURE YOUR CHILDS FUTURE WITH OUR

SAVE PLUS ACCOUNT.

Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Visa Chip & Pin Debit Card, SMS Alert, Mobile and Internet Banking facility.

SECURE YOUR CHILDS FUTURE WITH OUR

PRIVILEGE SAVINGS ACCOUNT

This savings account comes with a cheque book facility I addition to other features such as SMS Alerts, Internet Banking and the IZB Visa Chip & Pin Debit Card and is an interest bearing savings account.

SECURE YOUR CHILDS FUTURE WITH OUR

CLASSIC SAVINGS ACCOUNT

Sign up for our standard level savings account with value added features of SMS alerts, Internet Banking with the IZBVisa Chip & Pin Debit Card facilities and is as an interest bearing savings account.