African Banking Corporation Limited Taiseer Transactional Account Details

Rates available from as of 1st April 2021
Customise your results to find loans you're eligible for by answering 5 more questions
Customize Results
Money254 strives to provide relevant and accurate product information, which Money254 obtains directly from each institution’s tariff guide. If you believe a product’s details are incorrect, please report the product to Money254.

African Banking Corporation Limited

Taiseer Account
Min Opening Balance
Maintenance Fee
For balances below Ksh 50K
Ledger Fee (Per Transaction)
Min of Ksh 1000 required to open
visit website

Account details

  • Opening balance: Ksh 1000
  • Operating balance: Ksh 1000
  • Maintenance fees: Ksh 50
  • Ledger fees: Ksh 30 per transaction

Transactional Charges (per transaction)

  • OTC withdrawal: 100
  • OTC cash deposits: 0.25% of the amount above 500K
  • Internal Transfers: Free
  • RTGS: 500
  • International transfers: 1500
  • ATM Withdrawals: 30
  • Salary processing: 100
  • Internal standing Orders: Free
  • External Standing Orders: 500

Account Access Charges (per item)

  • Over the counter: 100
  • Debit card: 500
  • Cheque book: 15 per leaf
  • Bankers cheque: 300
  • Counter cheque: 300
  • Standing order: 500

Account Management Charges (per request)

  • ATM Statement: Free
  • Mobile banking statement: Free
  • Branch Statement: Free
  • Mobile balance enquiry: Free

Penalty Charges (per instance)

  • Failed standing order: 1000
  • Cheque ‘Refer to drawer’: 2500

Documentation Required

  • National ID
  • KRA Pin
  • Passport Photo
  • T&C Link

Money254 Review


  • Access to Debit card, cheque book, and internet banking
  • Available across FCY
  • 8 free withdrawals per month


  • Opening balance of 1000 required
  • Operating balance of 1000 required
  • Monthly maintenance fee of 50
  • Ledger fees of 30 per transaction

Use Money254's free search to view the best Current Accounts in Kenya today

From transaction accounts to salary accounts to all-purpose current accounts, we have aggregated all of the Current Accounts from Kenya's top financial institutions.
See all current accounts

What is Money254?

Money254 is a new platform focused on helping you make more out of the money you have. We’ve created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts have tirelessly collected.  

We’ve just launched but will be adding more product categories and tools over the coming months.

Sign-up to our newsletter and social channels to stay up-to-date!
Learn more about Money254

Stay up to date with your money - sign up for our newsletter today.

Get updates from the Money254 team on financial news and new Money 254 features.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.