Shariah-Compliant Business Account for M-PESA Agents

The KCB Sahl M-PESA Agent Account is designed for agents with direct links to Safaricom who need a dedicated business account for agency operations.

With nil minimum operating balance, nil maintenance fees, free statements and nil cash-handling and bulk-coin deposit charges under the account package, it supports high-frequency agency banking.

Features

Designed for Safaricom-linked agents

Tailored to agents with a direct Safaricom relationship.

Free access to Advantage Centres

Additional service convenience at KCB Advantage Centres.

No minimum operating balance

Operate without maintaining a minimum balance.

No maintenance or bundled package charge

Keep routine account costs low.

Free statements and cash handling

Free monthly and interim statements, nil cash handling and bulk-coin deposit charges.

What We Need From You*

  • Evidence of a direct agency relationship with Safaricom
  • Business registration documents, where applicable
  • Valid identification for owners or authorised signatories
  • KRA PIN information.
  • Safaricom agency documentation requested during account opening

A KCB representative may contact you for further information in line with KYC requirements. KCB will never ask you for your PIN or password.

Rates & Fees*

  • Minimum Operating Balance - Nil.
  • Over the Counter Withdrawals - Kes 1,000.
  • Cheque Book - Charges Apply.
  • Cash handling fees - Nil.
  • Interim statements - Nil.
  • Maintenance fee - Nil.
  • Bulk coin deposit - Nil.
  • One-off monthly bundled price - Kes 900.
  • STO - 1 free per month/The rest applicable as per our standard rates.

Rates, fees, charges and product terms may change. Please refer to the latest KCB tariff guide or speak to a KCB representative before applying.

It is a Shariah-compliant business account designed for agents who have direct links with Safaricom.

It is intended for eligible agents with a direct Safaricom relationship, subject to KYC and agency verification.

No. The minimum operating balance is nil, giving your agency flexibility to manage its day-to-day cash flow without maintaining a set amount in the account.

No. The maintenance fee and bundled package charge are nil.

Yes. Monthly and interim statements are listed as free under the account package.

The package lists nil cash-handling and bulk-coin deposit charges.

No. This is a transactional account; the Safaricom Agent Facility is a financing product.

Request a callback or visit a KCB branch. We will confirm your Safaricom relationship and documentation.

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