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Private Banking

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You may have diverse interests, but the important thing is that your banking is shaped around you as you have made your mark. Sophisticated and uncomplicated, 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.

Some of the benefits

Special rates

Enjoy flexible terms and great rates on savings and cash investment solutions

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

Independence

Bank the way you want to, whenever you want to – online, in-app or at our ATMs
What you get

For a competitive fixed monthly fee of MWK17,800.00, you will enjoy unlimited services, with the following benefits:

  • Private banker to attend to you
  • Access to a digital loan that you can get in 3 minutes
  • Exclusive Private Banking suite
  • Dedicated teller for local and foreign exchange transactions
  • Extended banking hours
  • International Visa Debit Cards with $5000 monthly spending limit
  • Monthly Pre-approved overdraft
  • Unsecured personal loan of up to MWK10,000,000.00
  • Unlimited POS transactions dependent on account balance
  • Preferential pricing on forex and interest rates
  • Seamless cross-border referrals

 

How to get it

Visit the nearest branch with the following documents

  • Valid identity
  1. Letter from employer (if employed)
  2. Recent pay-slip
  3. Proof of residence either utility bill or letter of residential verification from employer or letter of residential verification from T/A or Village Headman
  4. Employment permit (for employed foreigners)
  5. Business Permit (for business foreigners)
  6. Two references (this is for unemployed individuals who will not meet requirement (1 to 5)
  • You have to be at least 18 years
  • You can be a salaried worker or self-employed
  • Be a resident or non-resident Malawian, or resident non-Malawian with a valid residence permit.
     

 

Solutions

Your Private Banking account 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 and Vehicle and Asset Finance
  • Bancassurance
  • Offshore Banking Services.

  

  • What you get
  • How to get it
  • Solutions

For a competitive fixed monthly fee of MWK17,800.00, you will enjoy unlimited services, with the following benefits:

  • Private banker to attend to you
  • Access to a digital loan that you can get in 3 minutes
  • Exclusive Private Banking suite
  • Dedicated teller for local and foreign exchange transactions
  • Extended banking hours
  • International Visa Debit Cards with $5000 monthly spending limit
  • Monthly Pre-approved overdraft
  • Unsecured personal loan of up to MWK10,000,000.00
  • Unlimited POS transactions dependent on account balance
  • Preferential pricing on forex and interest rates
  • Seamless cross-border referrals

 

Visit the nearest branch with the following documents

  • Valid identity
  1. Letter from employer (if employed)
  2. Recent pay-slip
  3. Proof of residence either utility bill or letter of residential verification from employer or letter of residential verification from T/A or Village Headman
  4. Employment permit (for employed foreigners)
  5. Business Permit (for business foreigners)
  6. Two references (this is for unemployed individuals who will not meet requirement (1 to 5)
  • You have to be at least 18 years
  • You can be a salaried worker or self-employed
  • Be a resident or non-resident Malawian, or resident non-Malawian with a valid residence permit.
     

 

Your Private Banking account 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 and Vehicle and Asset Finance
  • Bancassurance
  • Offshore Banking Services.