School Tuition Account - First Community Bank

Tagged in: Business   Current Account   Islamic Banking  

DETAILS

This is a current account by First Community bank .The account is specially designed for schools to receive the free education funding from the government.

Account Fees

  • No opening balance
  • Operating balance KES 1000
  • Transaction Fee of KES 100 for every direct credit from the ministry
  • Ledger fees KES 30 per entry
  • Counter withdrawal 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 First Community Bank branch for registration while Mobile banking can be accessed by:
  •  dialing USSD Code *342#
  •  downloading the FCB mobile App

Branch and ATM Network

  • FCB bank has about 20 branches countrywide
  • ATM card KES 300
  • ATM withdrawal KES 30

Opening requirements

  • Valid signed and stamped letter from the relevant schoolCommittee/ Board of Governors
  • Covering letter from the County Education Director
  • Copy of ID
  • 2 recent passport photographs of the authorized signatories
  • Completed account opening form and signature card

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