A private limited company in Kenya opens a corporate bank account with its certificate of incorporation, company KRA PIN, a recent CR12 listing directors and shareholders, and a board resolution authorising the account and naming signatories. Established banks such as Equity Bank, KCB, Co-operative Bank of Kenya, and NCBA are common choices. Figures here are as of 2 October 2025.
Suits LLC and Corporations best
Depends on your company; an established bank corporate current account such as Equity Bank, KCB Bank Kenya, Co-operative Bank of Kenya, or NCBA, chosen on fees, branch reach, and online banking.
Typical monthly fee
Corporate current accounts often carry a minimum balance and monthly or transaction charges that vary by bank and account tier. Verify current pricing.
Non resident position
The company must be registered in Kenya with a company KRA PIN. Directors provide ID and KRA PIN, while foreign directors provide a passport, and enhanced checks apply. Verify with the provider.
Providers that fit
Three covered here
Fees and features as of 2 October 2025Last reviewed 2 October 2025
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
A limited company in Kenya opens a corporate account using its certificate of incorporation, company KRA PIN, a recent CR12 listing directors and shareholders, and a board resolution naming the signatories. Established banks such as Equity Bank, KCB, Co-operative Bank of Kenya, and NCBA are common. Information as of 2 October 2025, not advice.
What LLC and Corporations in Kenya need from a business account
A limited company or corporation needs an account in the company name with clear signing rules, separation from personal funds, and online banking for payroll, suppliers, and tax. In Kenya banks typically ask for the certificate of incorporation, the company KRA PIN, a CR12 that lists directors and shareholders and is usually no more than a year old, and a board resolution that authorises opening the account and names the signatories, along with identification and KRA PINs for the directors.
E
Equity Bank
One of Kenya largest banks, with corporate and SME current accounts, a wide branch and agent network, and online and mobile banking used by many registered companies.
The international business account providers we compare do not confirm an account for companies registered in Kenya as of 2 October 2025. The providers listed above serve this market: established Kenyan banks such as Equity Bank, KCB Bank Kenya, Co-operative Bank of Kenya, and NCBA Bank Kenya for the corporate current account. Confirm current terms with each provider before applying.
Questions about banking for LLC and Corporations in Kenya
What documents does a limited company need to open a bank account in Kenya?
Banks typically ask for the certificate of incorporation, the company KRA PIN, a recent CR12 listing directors and shareholders, a board resolution naming the signatories, and identification and KRA PINs for the directors. As of 2 October 2025, confirm the current list with the provider.
What is a CR12 and why does the bank need it?
A CR12 is an official extract listing a company directors and shareholders, usually accepted when no more than a year old, which the bank uses to confirm who controls the company. As of 2 October 2025, confirm the bank requirement on its age.
Do all directors need a KRA PIN to open a corporate account in Kenya?
Banks generally require KRA PINs for the company and its directors, with foreign directors providing a passport and additional checks. As of 2 October 2025, confirm the requirements with the provider.
Which banks suit limited companies in Kenya?
Established banks such as Equity Bank, KCB Bank Kenya, Co-operative Bank of Kenya, and NCBA Bank Kenya offer corporate current accounts. As of 2 October 2025, confirm fees and account tiers with each bank.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 2 October 2025. Confirm current terms with the provider before applying.