Private Banking
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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 2.5 million
Minimum Net monthly income
MWK 23,000 (Plus 16.5% VAT)
Monthly fee
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
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
- Dedicated Private Banker
- Exclusive Private Banking suite
- 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
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
Solutions
Your Private Banking account gives you access to a number of financial products, services and solutions such as:
- Investment Products and advisory services
- Platinum card with its benefits and special offers
- Access to lending products and services such as Home loans, Construction Financing, Vehicle and Asset Finance and Renewable Energy solutions.
- Bancassurance
- Offshore Banking Services.
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How to get it
-
What you get
-
What it costs
-
Solutions
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.
- Dedicated Private Banker
- Exclusive Private Banking suite
- 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
- 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
Your Private Banking account gives you access to a number of financial products, services and solutions such as:
- Investment Products and advisory services
- Platinum card with its benefits and special offers
- Access to lending products and services such as Home loans, Construction Financing, Vehicle and Asset Finance and Renewable Energy solutions.
- Bancassurance
- Offshore Banking Services.