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Personal > Transactional accounts > Current account
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It is a transactional account that enables you to deposit, withdraw and pay money. The account also allows you to better manage your finances by providing detailed records of money going in and out, and also banking fees you are charged.
A current account is your key to faster banking and opens doors to more banking products and services, such as cheques, electronic banking and loans.
Benefits of a current account
- Your AutoBank card gives you access to your account at any time of the day or night through electronic banking services such as ATMs or Internet and cellphone banking.
- Use your AutoBank card to pay for goods and services at any supplier displaying the Maestro logo.
- Cheques are included so you have another convenient way of making payments.
- You can buy cellphone airtime from your account.
- Setting up standing payment orders and debit orders from your current account ensures regular payments are made conveniently and in time
How to apply
Visit your nearest Standard Lesotho Bank branch to apply. You will need to provide the following:
- Your passport
- A payslip that is not older than two months
- A letter from your employer to confirm your work status
- Address details shown on a current utility bill, for example, an electricity account, which must be less than two months old
- Your residence or work permit if you are not a resident
- M100.00 to deposit into your new account
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