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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