Access Bank Kenya PLC Mshahara Account Details

Rates available from as of 1st April 2021
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Access Bank Kenya PLC

Mshahara Account
Min Opening Balance
KES
200
Maintenance Fee
KES
0
Ledger Fee (Per Transaction)
KES
0
Min of Ksh200 required to open
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Account Details

  • Opening balance: Ksh200
  • Operating balance: Ksh200
  • Maintenance fees: No fee
  • Ledger fees: No fee

Transactional Charges (per transaction)

  • OTC withdrawal: ksh50
  • OTC cash deposits: 0.2% for 500k and above
  • Internal Transfers: Free
  • RTGS: ksh300
  • International transfers: ksh2000
  • ATM Withdrawals: N/A
  • Salary processing: ksh50
  • Internal Standing Orders: Free
  • External Standing Orders: ksh300

Account Access Charges (per item)

  • Over the counter: ksh50
  • Debit card: None
  • Cheque book: ksh10 per leaf
  • Bankers cheque: ksh100
  • Counter cheque: ksh350
  • Standing order: ksh300

Account Management Charges (per request)

  • ATM Statement:N/A
  • Mobile banking statement: ksh18
  • Branch Statement: Free
  • Mobile balance enquiry: ksh18

Penalty Charges (per instance)

  • Failed standing order: ksh1000
  • Cheque ‘Refer to drawer’: ksh1500

Documentation Required

Money254 Review

Pros:

  • No maintenance or ledger fees
  • Affordable opening balance of ksh200
  • Free statements
  • Access to salary advance

Cons:

  • Salary processing charged ksh50
  • OTC withdrawals charged ksh50
  • Currently, no access to debit card

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