Chuo Account - Family Bank

Tagged in: Business   Current Account  

DETAILS

This is a current account by Family bank. The account is specially designed for Schools. The account has some advantages such as no amount is charged for school fees deposit ,staff salary advance and to add to that account holders have access to development loans.

Account Fees

  • No opening balance
  • No account maintenance fee
  • Ledger fees KES 35 per entry
  • Counter withdrawal KES 200

Online/ Mobile banking

Online and mobile banking is available to the account holders. To access online banking the customer has to visit the nearest Family bank branch for registration while Mobile banking can be accessed by:
  • dialing USSD Code *325#
  • download the pesapap mobile banking app.

Branch and ATM Network

  • Family bank has about 100 branches countrywide
  • ATM card KES 300
  • ATM withdrawal KES 30

Opening requirements

  • Letter from the Minsitry of Education e.g. DEO, MEO
  • Identification of signatories
  • Pin/ Vat Certificates
  • School registration certificate from registrar of business.

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