financial institutions
A number of financial institutions have developed products tailored to the needs of the diaspora. These products ensure that diasporans have access to financial services in Zambia.
ZANACO - DIASPORA CURRENT ACCOUNT
It offers diaspora accounts specifically designed for Zambians living abroad. These accounts allow them to manage finances, make transfers, and access banking services from anywhere in the world. These accounts can be opened in various currencies, including the Zambian Kwacha (ZMW), US Dollar (USD), British Pound (GBP), Euro (EUR), and South African Rand (ZAR).
ECOBANK - DIASPORA CURRENT ACCOUNT
It combines the account in your home country with the account where you work. So, whether you want to pay bills or move funds, you can transfer money easily and securely.
ZNBS - DIASPORA MORTGAGE
The product is a secured mortgage targeted at Zambians living abroad seeking to finance their homes in Zambia. The product is designed to help Zambians living abroad get the best mortgage solutions back at home to Purchase, Construct, Improve existing structures, equity release and refinance existing obligations for both residential or commercial purposes.
MLIFE - DIASPORA FUNERAL CASH PLAN
The Diaspora Funeral Cash Plan is available to every diaspora Zambia and their nucleus families (spouse, children up to age next birthday (ANB25), parents and/or parents in law ANB 40 to ANB 75 irrespective of where they live) and foreign nationals who live in Zambia and their nucleus family if they also live in Zambia. DFCP is essentially a whole of life cover which means cover for life with a guaranteed pay-out on death whenever death happens. Cover is offered as Single Plan on one life or Family Plan or Group Plan.