For Large Institutions
IN THE BUSINESS OF TRANSFORMING LIVES
Institutional Account
Are you a Church, School, NGO, Non-deposit taking MFI or Sacco? Is your purpose to transform lives? With our Institutional Account, we have tailored a variety of solutions ranging from collections, payments, and investments thus providing you comprehensive and convenient banking solutions that allow you to exercise prudent money management in turn allowing you to grow your institution.
What You Get
- Access to an account linked PayBill and Buy Goods and Services number for collection and payment services
- Free linked Fixed or Call Deposit Account (at negotiated & competitive interest rates)
- Access to CIT (cash-in-transit) cash collection services at negotiated rates
- Access to a dedicated Relationship Manager to assist in managing funds
- Preferential foreign exchange rates
- Direct deposits to account via Safaricom PayBill No. 669669
- Access to Internet Banking and (Mobile Banking)
- Free standing orders
- Free monthly E-Statements (on request)
- No withdrawal and deposit charges
- Free incoming EFTs (Electronic Funds Transfers) and incoming RTGSs (Real Time Gross Settlements)
- Free internal funds transfers
- Cheque Book facility (optional)
The Fine Print
- Account Opening Balance of KES 5,000
- No Minimum Operating Balance
- No Monthly Maintenance Fees
- Cash handling daily limit of KES 1,000,000
Prudent Money Management
If you are a Church, School, NGO, Non-deposit taking MFI or Sacco, the Institutional Account provides you with comprehensive solutions.
