Non-Resident Current Account

The Non-Resident Current Account is perfect for Zimbabweans who have emigrated beyond borders. Transact like a local with this non-interest bearing account without restrictions. Additionally, current account holders are eligible for benefits that include mortgages, loans and credit cards. Email,diasporabanking@stewardbank.co.zw and open your account today!

 

Non-Resident FCA Account

The requirements are as follows:

Certified copy of valid  Zimbabwean ID/ Passport/ Driver’s license
Valid proof of foreign residence (lease agreement, Utility bill, Bank statement or Affidavit)
1 passport-size photo
Completed form
Initial Deposit:   USD$20
Monthly Limit:   NIL
 Service Fees: USD5

Benefits:

Internet Banking, Email Notifications

MasterCard or Visa Card linked to the account.
Receive remittances directly into your account through World Remit
Outgoing and Incoming or Telegraphic transfers e.g. for school fees payment
Access to Telephone Banking
 Remittance conversions at competitive rates


Non-Resident ZWL Current Account

The requirements are as follows:

Certified copy of valid  Zimbabwean ID/ Passport/ Driver’s license
Proof of residence
1 passport-size photo
Completed form
Initial Deposit:   To be paid in local currency using the prevailing rate
Monthly Limit:   NIL
 Service Fees: To be paid in local currency using the prevailing rate

Benefits:

Internet Banking, E-Notifications
Local Zimswitch Card for local payments and cash withdrawals. The card can be issued upon the client’s request
Outgoing and Incoming RTGS transactions
Access to Ecocash Wallet Banking services (where applicable)
No deposit limit
 Mobile App or Steward Bank Square App (can be downloaded on Google Play store or Apple App Store)

Account Application

Turnaround time for account application is 24 hours

N.B: For all existing ZWL account holders we can open the FCA upon request with no extra documents required.

 

Non-Resident Savings Account

The Non-Resident Savings account is ideal for saving money with competitive interest rates.

The requirements are as follows:

Certified copy of a valid Zimbabwean ID/Passport/Driver’s license
1 passport-size photo
Valid proof of foreign residence(lease agreement, Utility bill, or Bank statement)
Completed form
Initial Deposit: USD50
 

Benefits:

International Visa Prepaid Card for payments and cash withdrawals, shipped via courier/ upon request

MasterCard or Visa Card linked to the account.

Receive remittances directly into your account through World Remit
Outgoing and Incoming or Telegraphic transfers e.g. for school fees payment
Access to Telephone Banking
E-Notifications

Ecocash Banking services (where applicable)

 

Non-Resident ZWL Savings Account

The requirements are as follows:

Certified copy of a valid Zimbabwean ID/Passport/Driver’s license
1 passport-size photo
Proof of residence
Completed form
Initial Deposit: RTGS50
 Monthly Limit:  NIL

Benefits:

E-Notifications
Ecocash Banking services (where applicable)

Local Zimswitch Card for local payments and cash withdrawals. The card can be issued upon the client’s request
Internet Banking, E-Notifications
 

Account Application

Turnaround time for account application is 24 hours

N.B: For all existing ZWL account holders we can open the FCA upon request with no extra documents

 

Non-Resident Student Account

This account is ideal for Students in the Diaspora.

The requirements are as follows:

Copy of a valid Zimbabwean ID/Passport/Driver’s license
1 passport-size photo
School acceptance letter or Registration letter from the institution of study
Completed form
Initial Deposit: USD20
 Monthly Limit: NIL

Benefits:

MasterCard or Visa Card linked to the account.
Receive remittances directly into your account through World Remit
Outgoing and Incoming or Telegraphic transfers e.g. for school fees payment
Access to Telephone Banking
 Remittance conversions at competitive rates


Non-Resident ZWL Student Account

The requirements are as follows:

Certified copy of a valid Zimbabwean ID/ Passport/ Driver’s license
1 passport-size photo
School acceptance letter or Registration letter from the institution of study
Completed form
Initial Deposit
 Monthly Limit:   NIL

Benefits

E-Notifications
Ecocash Banking services (where applicable)
No deposit limit
 Square World Mobile App or Steward Bank Square App (can be downloaded on Google Play store or Apple App Store)

Account Application

Turnaround time for account application is 24 hours

N.B: For all existing ZWL account holders we can open the FCA upon request with no extra documents

 

 

 

 

 

 

 

FAQs

What is the turnaround time for the account opening process?

The turnaround is 24hrs

Is an asylum, work or residential permit necessary when opening a Non Resident Account?

No

Which two services cannot be offered to an individual without an email address?

E Alerts/Notifications and Online Banking


 List ways one can use to access their account and the funds in it.

  • a. VISA prepaid card
    b. Online Banking
    c. E Notifications
     d. Ecocash Banking Services

What is the minimum balance for the  Current Account; Student Account and Savings Account?

Give three examples used as proof of residence when opening an account

  • Lease agreement
  • Utility Bill
  • Bank Statement

If one submits a utility bill that is not in their name what additional documents will they need to provide?

  • A valid National ID/Passport of the individual whose name is on the proof of residence document
  • A signed and affidavit confirming that you reside at the premise