BSP Agency Banking_draft / Agent Requirements

Agent Requirements

Cash Agent

Existing retail business (trade store, grocery shop, pharmacy etc.) with good business experience and/or banking experience.

  • High foot traffic location with good visibility
  • Reliable mobile phone coverage (Digicel)
  • Available source of power supply
  • Preferably be existing BSP customer with business accounts
  • Liquidity requirements:
    • Minimum monthly average balance of K5,000 at bank account
    • Minimum K2,000 cash available at the store
  • Valid trading license (IPA certificate or LLG License)
  • TIN Certificate
  • Business/Company Profile
Payment Processor

Existing commodity buying business with good business experience and/or banking experience

  • License to purchase commodity
  • Reliable mobile phone coverage (Digicel)
  • Available source of power supply
  • Preferably be existing BSP customer with business accounts
  • Liquidity requirements:
    • Minimum monthly average balance of K5,000 at bank account
    • Minimum K5,000 cash available at the store
  • Valid trading license (IPA certificate or LLG License)
  • TIN Certificate
  • Business/Company Profile

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