How to open a Zanaco Xapit bank account

Learn How to open a Zanaco Xapit bank account now. A Zanaco Xapit account, is one of the easiest and fastest bank accounts you can ever open here in Zambia. Zanaco bank accounts and zanaco banking app

Requirements to open a Zanaco Xapit account

• you must be 18 years old or above.
• you must have a valid NRC (National registration card)
• a minimum of k40 or k50 to deposit(note; opening its free).

features of the Zanaco xapit account

with the help of the Zanaco Banking app that can be downloaded on play store and via the USSD *444# you can do a lot without visiting the bank, some of which are;

• Balance Enquiry
• Mini Statement
• Transfer to any valid mobile number registered on any of the existing networks
• Purchase ZESCO tokens
  Airtime purchase on all the existing networks
• Transfer to other Banks
• Pay for your DSTV & GOTV and get connected instantly
• Bill Payments for UNZA, CBU, Zambia Open University, Lusaka Water, Nkana Water, Lukanga Water, Mulonga Water, & Kafubu Water,
• Branch and ATM Locator

apart from that, you can as well do cardless transactions such as depositing and withdrawing via zanaco agents which can be found everywhere where ATMs might not be available.

Disadvantages of the zanaco xapit account.

Despite this account being the first i opened for myself, I did enjoy but again it was a bit useless to me. here are my disadvantages i noticed.

• The Zanaco visa card is not VERIFIED BY VISA – the card is a visa card, but it cant allow you to make payments online that require verified by visa card which is a type of security where before your payment goes through, you will need to receive an OTP to your number and enter the code on website. This does not work, even my friends experienced the same, the message may come but it never works at all.
• With the Zanaco xapit account, you can only see transactions such as deposits, withdrawals ,airtime and bills payments, but you can not see visa payments transactions.
• Checking your balance frequently, Zanaco deducts your balance.
• checking your transaction history, Zanaco deducts money from your account too.
• apart from all these above, with Zanaco, I have encountered money disappearing from no where in my account several times, not I alone, but also a lot of people have experienced this, for proof, you can see these on their facebook page.

maintenance fee

For Xapits accounts, there is no maintenance fee

account that enables

Everything is enabled.

requirements to apply

Read below

mobile banking

Zanaco accounts come with mobile banking enabled.