Private Banking
Standard Bank Private Banking is designed to perfectly suit your needs by giving you the personal attention you want and deserve. This exceptional offering integrates quality banking and wealth advisory services seamlessly with your lifestyle.
MWK
23,000
*
Monthly Fee
MWK
2.5 million
Minimum Monthly income
*
Plus 16.5% VAT
Some of the benefits
Exclusivity
Exclusive Private Banking Suite for your transactions and express service at any of our branches
Private Banker
A personal banker who will assist with your day to day transactions and requests
Special rates
Enjoy flexible terms and great rates on savings and cash investment solutions
Independence
Bank the way you want to, whenever you want to – online, in-app or at our ATMs
What you get
- Dedicated Private Banker
- Exclusive Private Banking suite
- Platinum card with its benefits and special offers
- Access to a digital loan
- Dedicated teller for local and foreign exchange transactions
- Extended banking hours
- International Visa Debit Cards
- Monthly Pre-approved overdraft
- Unsecured personal loan of up to MWK 40,000,000
- Unlimited POS transactions dependent on account balance
- Seamless cross-border referrals
Your Private Banking account also gives you access to a number of financial products, services and solutions such as:
- Investment Products and advisory services
- Access to lending products and services such as Home loans, Construction Financing, Vehicle and Asset Finance and Renewable Energy solutions.
- Bancassurance
- Offshore Banking Services.
Card Features
- Secure Chip and PIN enabled card
- Global Mastercard or Visa acceptance and ATM network
- Access to Mastercard or Visa offers and their 24/7 emergency services contact centres*
What it costs
- Monthly fee of MK26,795
- Replacement Platinum Visa Card fee MK29,600
- Cheque Book fee of MK24,900
- Bi-annual Visa Cardholder fee of MK3,200 charged in March and December
How to get it
Visit our Mlambe Suite in Lilongwe or the Blantyre Private Suite
- Valid identity
- Letter from employer (if employed)
- Recent pay-slip
- Proof of residence either utility bill or letter of residential verification from employer or letter of residential verification from employer or Lease agreement
- Employment permit (for employed foreigners)
- Business Permit (for business foreigners)
- Self employed - source of income and business registration certificate
- Client must be at least 18 years old
- Be a resident or non-resident Malawian, or resident non-Malawian with a valid residence permit.
-
What you get
-
Card Features
-
What it costs
-
How to get it
- Dedicated Private Banker
- Exclusive Private Banking suite
- Platinum card with its benefits and special offers
- Access to a digital loan
- Dedicated teller for local and foreign exchange transactions
- Extended banking hours
- International Visa Debit Cards
- Monthly Pre-approved overdraft
- Unsecured personal loan of up to MWK 40,000,000
- Unlimited POS transactions dependent on account balance
- Seamless cross-border referrals
Your Private Banking account also gives you access to a number of financial products, services and solutions such as:
- Investment Products and advisory services
- Access to lending products and services such as Home loans, Construction Financing, Vehicle and Asset Finance and Renewable Energy solutions.
- Bancassurance
- Offshore Banking Services.
- Secure Chip and PIN enabled card
- Global Mastercard or Visa acceptance and ATM network
- Access to Mastercard or Visa offers and their 24/7 emergency services contact centres*
- Monthly fee of MK26,795
- Replacement Platinum Visa Card fee MK29,600
- Cheque Book fee of MK24,900
- Bi-annual Visa Cardholder fee of MK3,200 charged in March and December
Visit our Mlambe Suite in Lilongwe or the Blantyre Private Suite
- Valid identity
- Letter from employer (if employed)
- Recent pay-slip
- Proof of residence either utility bill or letter of residential verification from employer or letter of residential verification from employer or Lease agreement
- Employment permit (for employed foreigners)
- Business Permit (for business foreigners)
- Self employed - source of income and business registration certificate
- Client must be at least 18 years old
- Be a resident or non-resident Malawian, or resident non-Malawian with a valid residence permit.