BANK
Bank
BI

Collections Services

Our collection services facilitate the digitization of the process that matches the money paid from your organization’s account to a specific recipient’s accounts.

Benefits

  1. Reduced human intervention

    Reduced Errors due to automation

  2. Quick automatic processes

    Auto-reconciliation straight through processing files

What we need from you;

  • An active Business Account
  • Duly signed Solution Request Letter
  • Unique Identifier Database

Service Rates and Fees*

  • A monthly charge of KES 20,000 is applicable where a daily auto reconciliation file is required for global utilities e.g. KPLC payments
  • For real-time direct system integration, the following charges apply:
    • Per transaction - 0.1% of the amount deposited, Minimum Kes 50; maximum Kes 1,000
    • Monthly charge - minimum Kes 100,000; maximum Kes 5,000,000
  • No set up costs for customers who need cheque capture solution.
  • ATM set up and maintenance costs apply for customers who need it in their premises.

*Charges are not inclusive of tax

Transactional Services Nov 26, 2019

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