Open a Diaspora current account(ZWG)from abroad which you can use to receive funds transferred locally using facilities such as ZIPIT, RTGS or mobile money transfers. You can also make local payments or local transfers from abroad using our digital banking channels. The Diaspora ZWG Savings account has the following features.

• Local debit card.
• Deposits can be made in form of cash, ZIPIT transfer, ZB Internal Transfers, RTGS or transfers from Mobile Money wallets.
• It is an interest bearing account
• You are required to keep a stipulated minimum balance
• Monthly service charge levied
• No ceiling amount on credit interest for individual accounts
• Debit interest accrues on debit balances at the prevailing bank rate.

Account Opening Requirements 

The account opening requirements are listed below as follows:

• Certified / notarized copy of Work permit/citizenship
• Certified / notarized copy of valid passport and Zimbabwean ID
• Proof of residence in the country of residence (must be within 3 months)
• Bank statement (3 months) (country of residence)
• Bank stamped reference letter on the bank’s letterhead (country of residence)
• Two (2) recent passport size photographs (must be within 3 months)
• Proof of income - pay slip (optional)
• Credit report from a credit bureau in the applicant’s country.

NB: All documents must be notarized by a lawyer, the Zimbabwean Embassy, or your current bankers in your country of residence.

The Diapora Current Account is a convenient account into which deposits can be made in the form of cash and transfers. Money can be withdrawn by means of telegraphic transfer, ATM card withdrawal (VISA/MasterCard), and bank withdrawal slip.

Features 

• No minimum balance 
• Minimum deposit: USD$100, ZAR1500, BWP1000, EUR100, GBP100  
• Service fees are as per the pricing manual.
• No ceiling amount on credit interest for individual accounts.  
• Debit interest accrues on debit balances at the prevailing bank rate (minimum lending rate) or the penalty rate for unauthorized overdrawn positions.  
• Interest is paid quarterly.
• Account service charges as per the pricing manual  
• The statement can be produced upon request or accessed via the Internet Banking platform.

Pre-Requisites Individuals 

• Certified/notarised copy of work permit/citizenship. 
• Certified/notarised copy of valid passport and Zimbabwean ID. 
• Proof of residence in the country of residence (must be within 3 months). 
• Bank statement from the last 3 months and country of residence. 
• Bank-stamped reference letter on the bank’s letterhead (country of residence) 
• Two (2) recent passport-size photographs (must be within 3 months). 
• Proof of income: payslip. 
• A credit report from a credit bureau in the applicant’s country