Diaspora Current Account

The Sombank Diaspora Account provides tailored banking services for Somali diaspora members abroad, ensuring convenient access to remittances, savings, investments, and more. It's designed to maintain strong connections to Somalia while offering secure and reliable banking solutions.

1.      Competitive Saving Account

2.      Monthly Statements

3.      International Remittance Service

4.      Debit Cards

5.      Dedicated Relationship Manager

6.      24/7 Contact Center

1.      Passport ID / Drivers License / Gov. Issue ID.

2.      Proof of Physical address (utility bill, lease agreement, … etc)

3.      Phone number, email address, next of kin, mother name, occupation, marital status, gender, … etc )

4.      Dully signed FATCA form for USA for those living in USA

5.      Proper declaration and documentation of the customer’s source/volumes of income, nature of business & purpose of account opening.

6.      Two recent passport size photos.

7.      Duly filled account opening forms via authorized channels (agent, online digital onboarding, … etc)

8.      Minimum account balance of USD100




SomBank offers a comprehensive SWIFT service that enables both outward and inward transfers, allowing you to move money from your account to other international bank accounts. This service is fast, secure, and efficient, facilitated through SomBank’s correspondence with foreign banks.

The SWIFT code for SomBank is SOMNSOSMXXX, which is a unique identification code used for international transactions and ensures secure communication between financial institutions globally.

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SomBank Mastercard

SomBank, in partnership with Mastercard, has launched a Mastercard-branded debit card in Somalia.

The card is expected to offer access to a wide network of merchants and ATMs that accept Mastercard payments, as well as through SomBank’s extensive network of branches and agents. This marks a significant step towards financial inclusion in Somalia, enabling more people to participate in the economy and access essential financial services.

Start with the customer – find out what they want and give it to them.

Start with the customer – find out what they want and give it to them.

Personal Current AccountPersonal Saving AccountStudent Current AccountDiaspora AccountSalary AccountBusiness SME Current AccountIndividual SME Current AccountInstitutional AccountNGOs AccountCommunity Account

Personal Current Account

This account type is designed for individual customers.

Features

1.      25 leaf Cheque books

2.      Internet/Mobile banking

3.      Free monthly e-bank statement

4.      Free standing orders set up

5.      Local/International bank/SWIFT transfers & remittance.

6.      Full access to our agents in Somalia/worldwide

7.      Eligibility to different financing products.

8.      Email/phone indemnity banking

9.      SMS/e-alerts

10.  ATM Debit Cards

Personal Saving Account

This account type is designed for individual customers to deposit and save their money securely.

Features

1.      Internet/Mobile banking

2.      Free monthly e-bank statement

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/Worldwide

5.      Eligibility to different financing products.

6.      Eligibility to invest with SomBank’s investment products

7.      SMS/e- alerts

8.      ATM Debit Cards

Student Current Account

This account type is designed for students in undergraduate & postgraduate levels to get access to the financial sector.

Features

1.      Internet/Mobile banking

2.      Free monthly e-bank statement

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/worldwide.

5.      Eligibility for student financing products.

6.      No minimum balance

7.      Free deposit/withdrawal

8.      SMS/e-alerts

9.      ATM Debit Cards

Diaspora Account

This type of account is designed for Somali Diaspora to save their money, manage finances and invest back at home.

Features

1.      50 Cheque books

2.      Internet/Mobile banking

3.      Free monthly bank statement

4.      Free standing orders set up

5.      Local/International bank/SWIFT transfers & remittance.

6.      Full access to our agents in Somalia/worldwide

7.      Eligibility to different financing products.

8.      Email indemnity banking

9.      No withdrawal/deposit limit

10.  SMS/e-alerts

11.  ATM Debit Cards

Salary Account

This type of account is designed for salaried individuals working for both public and private sectors and Non-Governmental agencies.

Features

1.      Internet/Mobile banking

2.      Free monthly bank statement

3.      Free standing orders set up

4.      Local/International bank/SWIFT transfers & remittance.

5.      Full access to our agents in Somalia/worldwide

6.      Eligibility to different financing products.

7.      Unlimited deposit/withdrawal

8.      SMS/e-alerts

9.      ATM Debit

Business SME Current Account

This account type is designed for businesses to save, keep & manage their finances.

Features

1.      50 leaf cheque books

2.      Internet Banking

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/worldwide

5.      Free Monthly e-Bank Statements

6.      Dedicated relationship manager

7.      Salaries Processing & Payroll Management.

8.      QR Code Merchant Till

9.      Eligibility to Different Financing Products.

10.  Eligibility to Trade financing products (LC, Bank Guarantee, Performance Bond, Contract/LPO Financing… etc.)

11.  SMS/e-alerts

Individual SME Current Account

This account is designed for self-employed individual person who maintains small business.

Features

1.      100 leaf cheque books

2.      Internet Banking

3.      Full access to our agents in Somalia/worldwide

4.      Free Monthly Bank Statements

5.      QR Code Merchant Till

6.      Eligibility to Different Financing Products

7.      SMS/e-alerts

Institutional Account

This account is designed for both Public and private sector institutions i.e. Government institutions or departments, Hospitals, Education centers such as Universities and colleges.

Features

1.      100 leaf cheque books

2.      Internet Banking

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/worldwide

5.      Free Monthly Bank Statements

6.      Dedicated relationship manager

7.      Salaries Processing & Payroll Management.

8.      SMS/e-alerts

NGOs Account

This type of account is designed for Non-Governmental Organizations (NGOs), Non-Profit Organizations and Charities to receive funds and use them for administrative and project-based expenses.

Features

1.      100 leaf cheque books

2.      Internet Banking

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/worldwide

5.      Free Monthly e-Bank Statements

6.      Dedicated relationship manager

7.      Salaries Processing & Payroll Management.

8.      SMS/e-alerts

Community Account

This type of account is designed for organizations/committees working for the benefit of the community (mosques, disaster committees, ... Etc.)

Features

1.      100 leaf cheque books

2.      Internet Banking

3.      Local/International bank/SWIFT transfers & remittance.

4.      Full access to our agents in Somalia/worldwide

5.      Free Monthly Bank Statements

6.      Dedicated relationship manager

7.      Salaries Processing & Payroll Management.

8.      SMS/e-alerts

Wherever you are in the world, SOMBANK's Diaspora Current Account keeps you linked to your finances. Crafted especially for our esteemed customers residing abroad, this account presents a wealth of features designed to seamlessly fulfill your banking requirements.

Deposit at SomBank Branches



Deposit at Tawakal Agents

Transfer from Banana Pay App

Transfer from Tawakal Pay App

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