Tuungane Current

This is a current account targeted for Investment groups

Benefits

  • No monthly charges, minimum operating balance and minimum deposits
  • Access to a cheque book
  • No limitation to the number of withdrawals
  • Access to mobile banking through pay bill number 522522
  • One monthly free e-statements
  • Access to Internet banking
  • Eligible for KCB Biashara Club membership and benefits including international trips and express counter services
  • Free financial and investment advisory/training done quarterly

Qualifying Criteria

  • Groups registered with Social Services (Self Help Groups):
    • Certificate of registration,
    • Constitution,
    • National ID cards/passports for office bearers,
    • Confirmed minutes signed by Chairman and Secretary authorizing opening of account,
    • One passport sized colour photo for each signatory.
  • Groups registered as a limited company:
    • Certificate of incorporation,
    • Memorandum and articles of association,
    • Board of Directors resolution to open an account,
    • IDS/Passport (Alien certificate in case of Non –nationals) of directors and signatories, Company PIN certificate,
    • One passport sized colour photo for each signatory
  • Unregistered groups
    • ID Copies of signatories,
    • PIN copies of signatories,
    • Confirmed minutes signed by Chairman and Secretary authorizing opening of account,
    • One passport sized colour photo for each signatory

Rates and Fees

  • Over the counter withdrawal charges of Kshs. 50 per transaction
  • Cost of cheque book – Kshs. 375 for 50 leafs and Kshs. 750 for 100 leafs


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