Back to School Season Comes in Style with Co-operative Bank of Kenya

By Soko Directory Team / Published April 27, 2017 | 11:48 am



co-op bank back to school

The back to school season is here once again. Some parents are scared while some are prepared. There is nothing that worries a concerned parent than the commencement of new school term at the time when pockets are ‘dry’ and ‘yawning’.

There is little to worry about most parents though. Co-operative Bank of Kenya, as it has always done in every back to school season is here to help the parents out.

The bank has in all seasons kept parents at heart in a number of ways. They ensure that parents are saved from the stress of struggling to get funds to pay for their children’s school fees and shopping.

The bank has also ensured that there is the total convenience in school fees payments and when shopping for children going back to school through a number of platforms including the Co-op Visa Cards, MCo-op Cash, and Co-op kwa Jirani agents.

Here is how these channels work:

Co-op Visa Cards

With Co-op Visa Cards, parents are able to pay for school fees and shopping at no extra cost.  At this time, Co-op bank has ensured that parents pay directly without having to go and withdraw cash.  Co-op Visa Cards saves time and there are no extra charges when paying for goods and services.

MCo-op Cash

Sending cash using MCo-op cash to MCo-op cash is free and. This makes it easy and convenient when paying for school fees especially in schools that have already integrated to the platform. With MCo-op

Co-op Bank has also ensured that parents who do not have enough cash for school fees are catered for as they can easily access loans from MCo-op Cash. The good thing about this loans is that their interest rate is the lowest in the market at only 1.16 percent per month. There are no facilitation fees on MCo-op Cash loans nor any hidden fee.

With MCo-op Cash, Parents can pay school fees at the convenience of their phones. The bank has ensured that parents are also able to have access to school codes which can be checked here.

Parents and students can also use Mco-op cash to send school fees into a Co-op account or to a Sacco Account, which reflects into the account immediately. Downloading the MCo-op Cash app makes work even more easy as parents are able to withdraw funds from their Co-op accounts via MCo-op cash from a Co-op kwa Jirani agents or Co-op ATM. Checking of account balance can also be done through MCo-op Cash.

Co-op Kwa Jirani Agents

Remember when one had to go all the way to the Co-op Banking hall for transactions? That has been done away with as it is not necessary anymore. With Co-op kwa Jirani Agents all across the country, services are offered just the same way as the banks do. Deposits and withdrawals are all done at any Co-op kwa Jirani agent and they operate even on Sundays and public holidays when bank branches have closed.

Parents also have another option of paying school fees via Mpesa. The paybill number to be used is 400222.

 

 




About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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