Co-operative Bank of Kenya Limited Salary Transactional Account Details

Rates available from as of 1st April 2021
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Co-operative Bank of Kenya Limited

Salary Account
Min Opening Balance
KES
0
Maintenance Fee
KES
0
Ledger Fee (Per Transaction)
KES
0
No opening balance required
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Account Details

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

Transactional Charges (per transaction)

  • OTC withdrawal:100
  • OTC cash deposits: Free
  • Internal Transfers: Free
  • RTGS: 500
  • International transfers: 1500
  • ATM Withdrawals: 35
  • Salary processing: 240
  • Internal Standing orders: Free
  • External Standing Orders: 250

Account Access Charges (per item)

  • Over the counter: 100
  • Debit card: 600
  • Cheque book: None
  • Bankers cheque: 100
  • Counter cheque: 500
  • Standing order: 250

Account Management Charges (per request)

  • ATM Statement: Free
  • Mobile banking statement: Free
  • Branch Statement: 100 per page
  • Mobile balance enquiry: 0

Penalty Charges (per instance)

  • Failed standing order: 2500
  • Cheque ‘Refer to drawer': N/A

Documentation Required

  • National ID/ Valid Passport
  • KRA Pin
  • Passport photo
  • T&C Link

Money254 Review

Pros:

  • No Maintenance and ledger fees
  • Access to Credit card
  • Access to mobile banking, debit card and internet banking

Cons:

  • OTC withdrawal charged 100
  • Statements charged 100 per page
  • Salary processing of 240

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