Prime Bank Limited Prime Flexi Transactional Account Details

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

Prime Flexi Account
Min Opening Balance
KES
25000
Maintenance Fee
KES
250
for balances below Ksh 25K
Ledger Fee (Per Transaction)
KES
0
Min of Ksh25,000 required to open
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Account Details

  • Opening balance: Ksh 25000
  • Operating balance: Ksh 25000
  • Maintenance fees: Ksh 250
  • Ledger fees: No fee

Transactional Charges (per transaction)

  • OTC withdrawal: 50
  • OTC cash deposits: Free
  • Internal Transfers: Free
  • RTGS: 500
  • International transfers: 1500
  • ATM Withdrawals: 30
  • Salary processing: 100
  • Standing Orders: Free

Account Access Charges (per item)

  • Over the counter: 50
  • Debit card: 250
  • Cheque book: Free
  • Bankers cheque:300 (One Free)
  • Counter cheque: None
  • Standing order: Free

Account Management Charges (per request)

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

Penalty Charges (per instance)

  • Failed standing order: 500
  • Cheque ‘Refer to drawer’: 2000

Documentation Required

Money254 Review

Pros:

  • Access to mobile banking. internet banking, Debit card and cheque book
  • No Ledger fees
  • Free cheque books
  • Access to personal loans and asset finance

Cons:

  • Monthly maintenance fee of 250 if balance below minimum
  • Transaction fees of 50 on all debit transactions
  • Minimum opening balance of 25000 required
  • Salary processing fee of 100

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