DTB Prime USD/EUR/GBP

Manage regular foreign-currency income and transactions without converting every receipt into Kenya Shillings. DTB Prime USD/EUR/GBP is a foreign currency current account for customers who receive or transact in US Dollars, Euros or Great Britain Pounds, with nil opening and minimum balances, cheque-book access, internet banking and monthly e-statements. Eligible USD balances above USD 5,000 earn interest at DTB's prevailing rate.

Overview

DTB Prime USD/EUR/GBP is a foreign currency current account designed for customers who regularly receive, hold or make payments in US Dollars, Euros or Great Britain Pounds. It is particularly relevant to salaried professionals paid in foreign currency, consultants and freelancers receiving payments from international clients, individuals with recurring overseas income, and eligible sole proprietors, partnerships or companies that receive or transact in foreign currency.

Instead of converting every foreign-currency receipt into Kenya Shillings simply to keep or use the money, the account lets you maintain funds in the supported currency and transact through a cheque book or internet banking. There is no opening amount or minimum balance, no ledger fee, and free monthly e-statements. USD balances above USD 5,000 are eligible for interest, calculated and credited monthly at DTB's prevailing rate.

If your main goal is to accumulate foreign-currency savings rather than make regular transactions or use a cheque book, compare this account with the separate DTB Prime USD/EUR/GBP Savings Account.

Benefits

DTB Prime USD/EUR/GBP combines transactional foreign-currency access with simple account requirements for customers who regularly earn or use USD, EUR or GBP:

Suitable for customers with regular income or transaction needs in foreign currency.
No ledger fees.
Free monthly e-statements for transaction and balance monitoring.
Interest is calculated and credited monthly on eligible USD balances only.
Access to internet banking for account information and supported transactions.
Cheque-book access for customers who need a foreign-currency current-account payment instrument, subject to the applicable tariff.

Features

Key features of the DTB Prime USD/EUR/GBP foreign currency current account:

Account type: Foreign currency current / transactional account.
Currencies on the live product page: US Dollars (USD), Euro (EUR) and Great Britain Pounds (GBP).
Opening amount: Nil.
Minimum balance: Nil.
Interest: Attractive prevailing rates on USD balances above USD 5,000 only.
Interest crediting: Monthly for eligible USD balances.
Account and information access: Cheque book, internet banking and e-statements.
Debit card: DTB Product Guide states that Foreign Currency Current Accounts do not include a debit card; confirm the current card position before publishing any card claim.

Charges & Fees

Cash handling fee: 0.5% on cash transactions over GBP / EUR / USD 5,000 or equivalent.
Ledger fee: Nil.
Cheque book: Charged as per the current DTB tariff.
All charges are subject to applicable tax and the latest DTB tariff.

FAQs

A foreign currency current account is a transactional bank account that lets you hold and use money in a supported foreign currency instead of converting every receipt into Kenya Shillings. DTB Prime USD/EUR/GBP supports US Dollars, Euros and Great Britain Pounds and provides cheque-book, internet-banking and e-statement access.

It is suited to customers who regularly receive or transact in foreign currency. Examples include salaried professionals paid in USD, EUR or GBP, consultants or freelancers receiving international client payments, people with recurring overseas income, and eligible sole proprietors, partnerships or companies with foreign-currency receipts or payments.

Yes. USD is one of the currencies supported by the DTB Prime account. If your income is paid in dollars, the account can let you maintain the funds in USD rather than converting each receipt to KES simply to hold the money. Confirm the payment instructions your employer should use with DTB.

The product can be relevant to freelancers and consultants who receive regular payments in USD, EUR or GBP and need a transactional foreign-currency account. DTB will confirm the appropriate customer category, KYC documents, source-of-funds information and account-opening requirements for your circumstances.

DTB Product Guide lists sole proprietors, partnerships and corporate entities among the target customers for Foreign Currency Current Accounts. Businesses should contact DTB to confirm the account-opening documents and whether the Prime USD/EUR/GBP proposition is the appropriate account for their foreign-currency receipts and payments.

The live product page currently offers US Dollars (USD), Euros (EUR) and Great Britain Pounds (GBP). DTB has other foreign-currency products and a broader internal product guide, so confirm with DTB if you need a currency that is not shown on this page.

DTB currently publishes a nil opening amount and nil minimum balance for the Prime USD/EUR/GBP account. You must still meet the Bank's account-opening and customer-verification requirements.

Yes, for eligible USD balances. DTB currently states that attractive interest applies to USD balances above USD 5,000 and that interest is calculated and credited monthly. Contact DTB for the current interest rate.

The current DTB Prime USD/EUR/GBP page publishes interest only for USD accounts. It does not state that EUR or GBP balances earn interest. If interest is important to you, confirm the latest position with DTB before choosing the currency or product.

Yes. DTB lists cheque-book access as a channel for the Prime USD/EUR/GBP account. Cheque-book charges apply according to the current tariff.

Yes. DTB lists internet banking and e-statements among the account and information access channels for this product.

DTB's current Product Guide states that Foreign Currency Current Accounts do not include a debit card, and the live page does not list a debit card as an access channel. Confirm the latest position with DTB if card access is important to you.

DTB currently publishes no ledger fee, a 0.5% cash handling fee on cash transactions over USD, EUR or GBP 5,000 or equivalent, and cheque-book charges as per tariff. Other service charges may apply depending on the transaction, so review the latest DTB tariff.

The DTB Prime USD/EUR/GBP current account is built for customers with regular foreign-currency income or transactional needs and includes cheque-book access. The separate Prime USD/EUR/GBP Savings Account is positioned mainly for accumulating foreign-currency savings and does not list cheque-book access. Choose based on whether your priority is regular transactions or saving.

Choose a USD current account when you expect regular payments, cheque use or transactional activity. Choose a USD savings account when your main objective is to accumulate and hold savings with less transactional activity. Compare the current interest treatment, fees and access channels before deciding.

Not simply to hold it in the matching DTB Prime foreign-currency account. The purpose of a foreign-currency account is to maintain eligible funds in the supported currency. Currency conversion may still be required when you make a payment or withdrawal in a different currency, and the applicable exchange rate and charges would apply.

Compare the supported currencies, opening and minimum balance, ledger/monthly fees, cheque-book availability, digital banking access, cash handling charges, interest if any, incoming and outgoing transfer requirements, and how often you need to convert currencies. DTB Prime currently offers USD, EUR and GBP with nil opening/minimum balances, no ledger fee, cheque-book access and monthly interest on eligible USD balances.

No. They are separate products. The Prime USD/EUR/GBP account is the transactional/current-account proposition and includes cheque-book access, while the Prime USD/EUR/GBP Savings Account is positioned for accumulating savings. The two pages should remain clearly differentiated in search and internal linking.