csr exchange rates downloads contact us previous next rates and tariffs terms and conditions branches contact us 2016 victoria commercial bank . this bank is regulated by the central bank of kenya . all rights reserved top victoria commercial bank ltd is a mid sized commercial bank with its offices in upper hill nairobi kenya . the company was initially licensed in 1987 as a finance company and opened its doors for business in october of the same year . in the first financial year the asset base stood at kshs . 124 million which was then regarded as a sound base for takeoff into the future . the deposits then stood at kshs . 113 million which reflected the confidence the market had in the bank . victoria commercial bank ltd is a mid sized commercial bank with its offices in upper hill nairobi kenya . the company was initially licensed in 1987 as a finance company and opened its doors for business in october of the same year . in the first financial year the asset base stood at kshs . 124 million which was then regarded as a sound base for takeoff into the future . the deposits then stood at kshs . 113 million which reflected the confidence the market had in the bank . bank accounts requirements fixed deposit & rates m pesa funds transfer trade finance department salary processing treasury department and services itax payments direct contacts bank accounts vcb corporate savings account this account is ideal for those doing few transactions while having the benefit of earning interest on it . features offered in both local and foreign currency minimum balance kshs 50 000 or its equivalent in other currency earn interest on your balance no ledger fees cheque book not available free limited cash withdrawals over the counter corporate savings account corporate current account vcb corporate current account this account is ideal for those carrying out many transactions with the benefit of having a cheque book . features offered in both local and foreign currency minimum balance kshs 10 000 or its equivalent in other currency cheque book available ledger fees charged as per tariff free unlimited cash withdrawals over the counter does not earn interest cheque book available corporate savings account corporate current account corporate savings account corporate current account limited liability company companies incorporated in kenya under the companies act needs certificate of incorporation memorandum & articles of association board resolution with company seal id passport copy of all directors and authorized signatories pin certificate of company & all directors declaration of source of funds of the business and expected turn over done by the rms additional diligence latest utility bill to be in the prospective customer s name . if the utility bill is in the name of the landlord a tenancy agreement or letter to be provided with a minimum 1 year term valid trading license in case any of the directors of the company are not in kenya at the time of opening the account their passport must be signed by public notary kenyan embassy or correspondent bank official . if signed by correspondent bank official the official s signature in case of different directors and signatories get latest annual returns or change of directors form cr12 certified copy of board resolution stating authority to open accounts transact business borrow funds and a designated person having signatory powers the latest annual returns to the register of the body corporate verified identity and address of the the directors and signatories of the firm audited financial statements for the last three years for corporation vcb fixed deposit accounts . minimum requirement of kshs 100 000 attractive interest rates . for other types of companies you may get in touch with your nearest branch for assistance in account opening . fixed deposits and rates click here to download the latest rates mpesa funds transfer you may now transfer money via mpesa to your victoria account by following the steps as per these instructions ; or from your victoria account to your mobile mpesa by enrolling with our e banking services . you can also apply for a personalized paybill number which shall be linked directly to your corporate bank account . with this facility in place you shall instantly receive money directly from the sender s mobile phone to your account . please get in touch with your relationship manager for additional information . trade finance department trade finance is the means to turn export opportunities into actual sales and to get paid for export sales especially on time by effectively managing the risks associated with doing business internationally . following are the products that are handled in the department import letters of credit export letters of credit import documentary collection export documentary collection availization guarantees remittance outward telegraphic transfer payments tt s remittance outward local payments via real time gross settlement rtgs for applying for the above mentioned facilities kindly get in touch with your relationship manager or download the forms from our website . salary processing we offer salary processing services to our client whereby the client shall fill out all employee details in an excel worksheet format to be provided by the bank . the bank shall then execute all the transfers at shs 100 per entry . the excel format is available for download . treasury department and servicesthe vcb treasury team is always available for assisting clients in booking forex deals carrying out the rtgs process and any other information that you may require . the indicative forex rates are updated on a regular basis on the website . itax payments we offer itax services whereby the client logs onto the kra portal and files a tax return for which an e slip is acquired . an e slip is also acquired when the client makes a payment in the national payment gateway . upon presenting the e slip to our teller for payment the teller first establishes if the e slip is valid after which the slip shall be received and a confirmation of payment receipt given to the client . direct contacts to various departments varsha branch manager varsha vicbank.com kevin service manager kevinwanjiru vicbank.com westlands branch azmina branch manager azmina vicbank.com anne service manager annemulli vicbank.com salim manager salim vicbank.com corporate department priti rawal priti vicbank.com kunal bid kunalbid vicbank.com vishesh sonigra visheshsonigra vicbank.com operations department vcboperations vicbank.com grace obanda cheque confirmations janet were transactional queries trade department eunice ndinda vcbtrade vicbank.com treasury department alpesh parmar alpesh vicbank.com allan makau amakau vicbank.com pilot lines upper hill head office 0709876000 westlands branch 0709876200 industrial area branch 0709876300 bank accounts requirements fixed deposit & rates m pesa funds transfer bank accounts vcb personal savings account this account is ideal for those doing few transactions while having the benefit of earning interest on it . features offered in both local and foreign currency minimum balance kshs 50 000 or its equivalent in other currency earn interest on your balance no ledger fees free limited cash withdrawals over the counter no cheque book available vcb personal current account this account is ideal for those carrying out many transactions with the benefit of having a cheque book . features offered in both local and foreign currency minimum balance kshs 10 000 or its equivalent in other currency does not earn interest ledger fees charged as per tariff free unlimited cash withdrawals over the counter cheque book available vcb personal transactional account this account is ideal for those carrying out few transactions with the benefit of having a cheque book . features offered in both local and foreign currency minimum balance kshs 10 000 or its equivalent in other currency cheque book available ledger fees charged as per tariff free limited cash withdrawals over the counter earn interest on your balance vcb safe deposit locker account we offer secure locker deposit boxes at our westlands branch located at fortis towers . features to deposit a non interest accruing refundable deposit of kshs 125 000 small box or kshs 250 000 large box does not earn interest no ledger fees personal savings personal current personal transactional safe deposit locker requirements to open an account new generation id passport copy alien certificates military card 2 recent colored passport size photographs declaration of source of funds i.e. salary or business done by the rm s state nature of business e.g. sale of vehicles children clothing etc. declaration of expected turnover done by the rm s copy of pin . additional due diligence measures that may be used to verify the identity of the customer include address of current residence verified by a referee a utility bill i.e. electricity or water bill etc where applicable written confirmation from customer s prior bank attesting to customer s identity and history of account relationship bank referee done by the rm s for accounts with more than one party and where one of the parties has identified the others written confirmation is obtained by the rms to the effect that the first party has known the other s personally for at least 12 months or for such a period of time reasonable enough to affirm the reference in normal circumstances fixed deposits and rates click here to download the latest rates mpesa funds transfer you may now transfer money via mpesa to your victoria account by following the steps as per these instructions ; or from your victoria account to your mobile mpesa by enrolling with our e banking services . rates and tariffs terms and conditions branches contact us 2016 victoria commercial bank . this bank is regulated by the central bank of kenya . all rights reserved top