Bank of Africa Kenya Limited BOA Current Account Details

Rates available from as of 1st April 2021
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Bank of Africa Kenya Limited

BOA Current Account
Min Opening Balance
Maintenance Fee
Ledger Fee (Per Transaction)
Minimum 350 per month
Min of Ksh5,000 required to open
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Account Details

  • Opening balance: Ksh 5,000
  • Operating balance: Ksh 0
  • Maintenance fees: No fee
  • Ledger fees: 350

Transactional Charges (per transaction)

  • OTC withdrawal amounts below 40k: 200
  • OTC withdrawal amounts above 40K: Free
  • OTC cash deposits: 0.15% for 500K and above
  • Internal Transfers: Free
  • RTGS: 500
  • International transfers: 1500
  • ATM Withdrawals: 35
  • Salary processing: 200
  • Internal Standing Orders: Free
  • External Standing Orders: 200

Account Access Charges (per item)

  • Over the counter: Free
  • Debit card: 500
  • Cheque book: 400
  • Bankers cheque: 200
  • Counter cheque: 200
  • Standing order: 200

Account Management Charges (per request)

  • ATM Statement: Free
  • Mobile banking statement: 18
  • Branch Statement: Free
  • Mobile balance enquiry: 12

Penalty Charges (per instance)

  • Failed standing order: 2000
  • Cheque ‘Refer to drawer’: 3000

Documentation Required

  • National ID
  • KRA Pin
  • Utility bill
  • Passport photo
  • T&C Link

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  • No minimum Operating balance
  • Access to Internet banking, mobile banking, cheque book and Debit card


  • Opening balance of 5000 required
  • Ledger fees of 35 per item, a minimum of 350 per month
  • OTC withdrawals charged 200 if amount is within ATM daily limit

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