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