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Co-op Diaspora Banking: Flexible Banking Away From Home

BY Soko Directory Team · September 25, 2019 01:09 pm

Are you a Kenyan who lives and works abroad? There is no doubt that many of those go abroad go in such of greener pastures to enable them better their lives. A good number would like to invest back at home.

A story is told of a man who moved from his native country to work abroad, for a good course, which was to invest and grow his home. The problem was that he had to depend on other people to see his project through. He sent his brother money to buy equipment and oversee the building of his house, only to come back home to be shocked at seeing an unfinished small, ugly structure.

If you work abroad and have this kind of plans, do not be scared because the Co-operative Bank of Kenya has your back.

With Co-op diaspora banking, you have the most convenient solution to safe and flexible banking services away from home.

Co-op diaspora banking allows those in the diaspora the same banking opportunities that they would have access to in Kenya with a special focus on Investments.

What’s more? The bank offers you custodial services that will help you manage your investments so you don’t need to depend on brothers who reap from your sweat.

The bank also has several accounts that are very convenient and useful to Kenyans in the diaspora. The accounts include:

Business Current Account

This account offers one the opportunity to transact under a Business name, partnerships and trading companies. This account also caters to the Diaspora Saccos’ whose registration is at the Kenyan Ministry of Co-operatives.

Children Account (Jumbo Junior)

This account is meant for children. With this, they learn the importance of saving and the need to be independent at a very early age.

Open a KES, USD, GBP or Euro account for your child today!

Fixed and Call Deposits

Having a Co-op Fixed and Call account enables one to enjoy attractive interest rates in KES, Euro, Dollar or GBP by saving their lump sum of money over time.

This account is especially good for those who are in the habit of saving for long periods.

Transactional account

This account makes you have transactional services you would have at home, as it allows you to do regular transactions regardless of where you are in the world in KES, USD, GBP or EURO.

This can be opened as an individual or a joint account.

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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