Family Bank Limited Bundled Platinum Current Account Details

Rates available from as of 1st April 2021
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Family Bank Limited

Bundled Platinum Current Account
Min Opening Balance
KES
20000
Maintenance Fee
KES
2000
Ledger Fee (Per Transaction)
KES
0
Min of Ksh 20000 required to open
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Account details

  • Opening balance: Ksh 20000
  • Operating balance: Ksh 0
  • Maintenance fees: Ksh 2000
  • Ledger fees: No fee

Transactional Charges (per transaction)

  • OTC withdrawal: 100
  • OTC cash deposits: Free
  • Internal Transfers: Free
  • RTGS: 500 (3 Free per month)
  • International transfers: 1500
  • ATM Withdrawals: 30
  • Salary processing: Free
  • Internal Standing Orders: Free
  • External Standing Orders: 300 (3 free per month)

Account Access Charges (per item)

  • Debit card: Free
  • Cheque book: 1 free per year, thereafter 14 per leaf
  • Bankers cheque: 100 (1 Free Per Month)
  • Counter cheque: 300
  • Standing order: 300

Account Management Charges(per request)

  • ATM Statement: 10
  • Mobile banking statement: 10
  • Branch Statement: Free
  • Mobile balance enquiry: 10

Penalty Charges (per instance)

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

Documentation required

Money254 Review

Pros:

  • One free cheque book a year
  • Free debit card and Gold Visa Credit Card
  • Access to mobile banking and internet banking
  • Three Free Outgoing RTGS monthly

Cons:

  • Opening balance of 20000 required
  • Monthly maintenance fee of 2000

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