BANK

Chama Account

Interested in:

Tuungane Current

Grow your Chama with the KCB Tuungane Current account. Zero monthly maintenance fees, and a host of benefits including free financial and investment advisory to help you make informed choices for your investment group.

Benefits

Benefits

Please bring original and copies of

Groups registered with Social Services (Self Help Groups)

  • Certificate of Registration
  • Constitution
  • National ID cards/passports of office bearers
  • Confirmed minutes signed by Chairman and Secretary authorizing opening of account
  • One passport sized color photo of each signatory

Groups registered as a limited company

  • Certificate of Incorporation
  • Memorandum and articles of Association/CR1, CR2 and CR12
  • Board Resolution
  • IDs/Passport (Alien Certificate in case of non–nationals) of Directors and signatories.
  • Company PIN certificate
  • One passport sized color photo for each signatory

Unregistered groups

  • KRA PIN certificates of signatories
  • Confirmed minutes signed by Chairman and Secretary authorizing opening of account
  • Unaudited accounts for new groups and audited accounts for groups less than one year old

Account Rates & Fees*

  • Zero opening balance
  • Zero minimum operating balance
  • Zero monthly maintenance fee
  • Over the counter withdrawal charges - Kes 50
  • Cost of cheque book – Kes 375 for 50 leaves; and Kes 750 for 100 leaves

*Charges are not inclusive of tax

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