Diaspora Account
For Malawians living or working outside the country, Standard Bank offers its tailored diaspora account. A highly secure and affordable account which allows Malawians in foreign countries to manage their development or investment financing back home. We also enable you to remit funds back to Malawi through a special foreign currency denominated account.
MWK
1,500
Monthly Fee
Some of the benefits
Access on the go
Use your account from anywhere as long as you have internet
Access to Loans
Invest in housing, business and assets through your account
Competitive Rates
Affordable pricing to ensure best value
Security
Your funds are always safe with us and all transactions are secured
What you get
-
Free Transactional Account
- Available in multiple currencies
- Supported by Malawian investment options
- Single or joint account with a debit card that can be used internationally.
- No management fees
- Same-day inward telegraphic transfers
-
Access to Loans
- Home purchase financing up to MK200 million (subject to credit scoring)
- Home construction support with accredited developers
- Equity release up to 70% of home value
-
Access to Insurance
- Funeral cover, loan protection, and homeowners insurance
- Travel and vehicle insurance for full asset protection
-
Digital Solutions
- Online banking, and 247 Digital App.
- Transact from anywhere in the world
How to get it
Submission must include the following information from applicant:
- Certified copy of passport
- Proof of residence i.e Utility Bill, Lease agreement, Permits and any other document
- Certified proof of income – payslip, employment contract or any other document
- Account opening forms
Complete application forms with supporting documentation should be sent to [email protected]
For inquiries email [email protected]
-
What you get
-
How to get it
-
Free Transactional Account
- Available in multiple currencies
- Supported by Malawian investment options
- Single or joint account with a debit card that can be used internationally.
- No management fees
- Same-day inward telegraphic transfers
-
Access to Loans
- Home purchase financing up to MK200 million (subject to credit scoring)
- Home construction support with accredited developers
- Equity release up to 70% of home value
-
Access to Insurance
- Funeral cover, loan protection, and homeowners insurance
- Travel and vehicle insurance for full asset protection
-
Digital Solutions
- Online banking, and 247 Digital App.
- Transact from anywhere in the world
Submission must include the following information from applicant:
- Certified copy of passport
- Proof of residence i.e Utility Bill, Lease agreement, Permits and any other document
- Certified proof of income – payslip, employment contract or any other document
- Account opening forms
Complete application forms with supporting documentation should be sent to [email protected]
For inquiries email [email protected]