Bank of Africa Kenya Limited Pay as you Go Salary Transactional Account Details

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

Pay as you Go salary
Min Opening Balance
Maintenance Fee
Ledger Fee (Per Transaction)
No opening balance required
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Account Details

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

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: 100
  • Internal Standing orders: Free
  • External Standing Orders: 200

Account Access Charges (per item)

  • Over the counter: 0/200
  • Debit card: 500
  • Cheque book: None
  • Bankers cheque: 200
  • Counter cheque: 200
  • Standing order: 200

Account Management Charges (per request)

  • ATM Statement: Free
  • Mobile banking statement: 18
  • Branch Statement: 100 per page
  • Mobile balance enquiry: 12

Penalty Charges (per instance)

  • Failed standing order: 2000
  • Cheque ‘Refer to drawer’ : N/A

Documentation Required

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

Money254 Review


  • Access to personal loans and salary advance
  • No minimum operating balance
  • Access to debit card and cheque book
  • Access to internet and mobile banking


  • No access to cheque book
  • Salary processing fee of 100
  • Statement charged 100 per page

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