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F T R E S E R V E B K

Current Account

Overview

Earn More with
Our Current Accounts

Get up to

8.25% Interest per annum

Federal Transfer Reserve Bank Current Account is designed for individuals and businesses who need maximum transaction flexibility. Enjoy unlimited daily transactions, overdraft facilities, free cheque books, and dedicated relationship management.

Open Your Account

Current Account Eligibility

Age Requirements

Minimum age of 18 years. Joint accounts available for businesses and partnerships with all authorised signatories.

ID & Documents

Valid government-issued photo ID and proof of current residential address. Business registration certificate required for company accounts.

Financial Criteria

Minimum opening deposit of $1,000. A monthly average balance of $500 qualifies for zero-fee transaction privileges.

Residency & Citizenship

Open to all residents and non-residents. Foreign nationals and NRIs may apply with appropriate documentation.

Features

Key Current Account Features

Earn Interest up to 7%

Earn competitive interest credited to your account regularly, making every dollar you maintain work harder for you continuously.

Free SMS Alerts

Stay fully informed with instant SMS and email alerts for every transaction, balance change, and account activity — completely free.

FDIC Insured

All deposits are fully insured under statutory limits, giving you complete peace of mind that your funds are always protected.

Free ATM Access

Stay fully informed with instant SMS and email alerts for every transaction, balance change, and account activity — completely free.

Mobile Check Deposit

All deposits are fully insured under statutory limits, giving you complete peace of mind that your funds are always protected.

24/7 Online Banking

Earn competitive interest credited to your account regularly, making every dollar you maintain work harder for you continuously.

Required Documents

Required Documents for Application

Please upload the necessary documents to complete.

Upload Now
  • PAN Card is Mandatory
  • Completed Application Form
  • Non Resident [Passpost, Visa, Social Security Number]
  • Resident [Identification Documents, Social Security Card]
  • Passport Size Photographs
How It’s Work

Start Banking With in 5 Mins

01

Verify Customer

Complete a quick digital identity verification using your government-issued ID through our secure, encrypted KYC process — takes less than 2 minutes.

02

Documentation

Upload your proof of address, a recent photograph, and any required supporting documents. All files are reviewed securely and verified online.

03

A/c Verification

Our compliance team validates your submitted details in real time, ensuring your account is set up accurately and ready to use without delay.

04

Start Banking

Your account is now live. Start making deposits, transfers, and payments immediately through our app, internet banking, or at any Federal Transfer Reserve Bank branch.

Your Financial Future Starts Here, Start Your Account.
Growing Your Wealth

Journey to Wealth Building

Your Current Account with Federal Transfer Reserve Bank gives you the freedom to transact without limits. With real-time digital access, overdraft facilities, and a dedicated relationship manager, your day-to-day banking has never been more seamless and efficient.

Available in
Different Sizes.

Affordable Rental
Plans.

Starting Balance
20%
Regular Contributions
50%
Interest Accumulation
75%
Achieve Your Goal
100%
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