Mayfair Bank Limited Standard Current Account Details

Rates available from as of 1st April 2021
Customise your results to find loans you're eligible for by answering 5 more questions
Customize Results
Money254 strives to provide relevant and accurate product information, which Money254 obtains directly from each institution’s tariff guide. If you believe a product’s details are incorrect, please report the product to Money254.

Mayfair Bank Limited

Standard Current Account
Min Opening Balance
KES
20000
Maintenance Fee
KES
0
Ledger Fee (Per Transaction)
KES
20
Minimum Ksh 500 monthly
Min of Ksh20,000 required to open
visit website

Account Details

  • Opening balance: ksh 20,000
  • Operating balance: ksh 20,000
  • Maintenance fees: No fee
  • Ledger fees: Ksh 20 per item, minimum 500 per month

Transactional Charges (per transaction)

  • OTC withdrawal: Free
  • OTC cash deposits: Free
  • Internal Transfers: Free
  • RTGS: 500
  • International transfers: 300
  • ATM Withdrawals: N/A
  • Salary processing: 50
  • Internal Standing Orders: Free
  • External Standing Orders: 300

Account Access Charges (per item)

  • Over the counter: Free
  • Debit card: None
  • Cheque book: 750(50 leaves)
  • Bankers cheque: 500
  • Counter cheque: None
  • Standing order: 300

Account Management Charges (per request)

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

Penalty Charges (per instance)

  • Failed standing order: 2000
  • Cheque ‘Refer to drawer’: 2500

Documentation Required

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

Money254 Review

Pros:

  • Free internal transfers
  • Free e-statements
  • Access to Mobile banking and cheque book

Cons:

  • No Access to debit card
  • Opening balance of 20000 required
  • Ledger fees of of 20 per item (minimum 500 monthly)

Use Money254's free search to view the best Current Accounts in Kenya today

From transaction accounts to salary accounts to all-purpose current accounts, we have aggregated all of the Current Accounts from Kenya's top financial institutions.
See all current accounts

What is Money254?

Money254 is a new platform focused on helping you make more out of the money you have. We’ve created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts have tirelessly collected.  


We’ve just launched but will be adding more product categories and tools over the coming months.

Sign-up to our newsletter and social channels to stay up-to-date!
Learn more about Money254

Stay up to date with your money - sign up for our newsletter today.

Get updates from the Money254 team on financial news and new Money 254 features.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.