We understand the unique needs of the NGOs which are ranging from processing incoming payments to local disbursements, reporting and keeping transactional records.

At MyBank, we have a customized current account for NGOs to help meet their unique needs.


  • 50 leafs checkbook
  • Salaries processing and payroll management
  • Automatically sent digital bank statement on a monthly basis
  • Certified account statements (For audit purposes)
  • Convenient and reliable incoming payments/Swift transfers
  • Batch payments and donations’ disbursements
  • Internet Banking
  • SMS notifications of all transactions hitting your account
  • Easy, 24/7 live chat with the bank support team through our website, WhatsApp and other Social Media platforms
  • Assigned relationship manager


  • Directors’ valid, certified copy of National ID, passport or any other ID document approved by the Central Bank of Somalia
  • A copy of memorandum and Article of Association
  • Registration/permit to operate or license from the concerned government authorities
  • Physical Address of the organization
  • Two passport size recent photos of the account signatories
  • Account signatories’ valid, certified copy of National ID, passport, or any other ID document approved by the Central Bank of Somalia
  • Request letter, resolution, or extract of meeting minutes from the organization directors requesting to open the said account and giving clear instruction regarding the account signing mandate.
  • Proper declaration and documentation of the Organization’s source/volumes of income, nature of business and purpose of account opening