KCB Bank offers a variety of account types for personal, business, corporate, and diaspora customers. Below are the detailed requirements and features for each account type.
1. Personal Transactional Accounts
(a) Current Account
- Features:
- Opening balance: Kshs 1,000.
- Monthly charge: Kshs 300.
- Visa debit card: Kshs 430 (one-off fee).
- Global ATM access.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
(b) Jiinue Account
- Features:
- Opening balance: Kshs 200.
- Monthly charge: Kshs 50.
- ATM withdrawal: Kshs 30.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
(c) Bankika Personal Account
- Features:
- Zero monthly fees.
- Opening balance: Kshs 200.
- ATM withdrawal charge: Kshs 30.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
(d) Student Account
- Features:
- Opening balance: Kshs 100.
- Zero monthly fees.
- Access to HELB.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
2. Savings Accounts
(a) Simba Savings Account
- Features:
- Opening balance: Kshs 1,000.
- Interest rate: Up to 5% per year.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
(b) Cub Account (Children’s Savings)
- Features:
- Opening balance: Kshs 1,000.
- Free banker’s cheque.
- Requirements:
- Parent/guardian’s Kenyan ID or passport.
- Birth certificate of the child.
(c) Goal Savings Account
- Features:
- Flexible savings period.
- Interest rates on savings.
- Requirements:
- Valid Kenyan ID or passport.
- KRA PIN certificate.
3. Business Accounts
(a) Current Account
- Features:
- Maintenance charge: Kshs 300.
- Free monthly statements.
- Requirements:
- Certificate of registration/incorporation.
- KRA PIN certificate.
- VAT certificate.
(b) Learning Institution Account
- Features:
- Zero maintenance charge.
- Free monthly statements.
- Requirements:
- School registration certificate.
- Letter of introduction from the Ministry of Education.
(c) Community Account
- Features:
- Zero monthly maintenance.
- Over-the-counter withdrawal charge: Kshs 200.
- Requirements:
- NGO or religious organisation’s registration documents.
- Introduction letter.
(d) Telco Dealers and Agents Account
- Features:
- Flat monthly fee: Kshs 900.
- Zero opening balance.
- Requirements:
- Valid trading license.
- Certificate of registration/incorporation.
4. Diaspora Accounts
(a) Current Account
- Features:
- Opening balance: Kshs 1,000 or equivalent.
- Incoming swift charge: Kshs 600.
- Requirements:
- Kenyan passport or ID.
- Notarised proof of address.
(b) Student Account
- Features:
- Opening balance: Kshs 1,000 or equivalent.
- Zero monthly maintenance fee.
- Requirements:
- Kenyan passport or ID.
- Notarised proof of address.
5. Chama Accounts
(a) Tuungane Chama Account
- Features:
- Opening balance: Kshs 1,000.
- Over-the-counter withdrawal: Kshs 50.
- Requirements:
- Registration certificate.
- Constitution.
(b) Tuungane Investment Account
- Features:
- Loan options for group investments.
- Opening balance: Kshs 1,000.
- Requirements:
- Group registration documents.
6. Corporate Accounts
Current Account
- Features:
- Flexible charges based on organisational needs.
- Requirements:
- Certificate of incorporation.
- Board resolution.
- Audited financial statements.
KCB Bank Contacts
- Phone:
- 0711 087 000
- 0732 187 000
- 020 228 7001
- Website: KCB Official Website
