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Requirements to Open a KCB Bank Account in Kenya

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

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