How To Open A Cooperative Bank’s YEA Account, The Benefits

By Virginia Mwangi / June 30, 2020 | 5:26 am



school Co-op bank

Most youths do not see the essence of opening a bank account as the fear transactional charges but a bank account with YEA saves you from all that.

As soon as one gets their Identification card, they become eligible to own a bank account and all one needs is to visit a cyber and get a PIN which is required in account opening.

The habit of carrying around money unnecessarily among youths who are still struggling to make it gives the fake idea that one is rich and before you know it, you will find yourself spending when you did not have to.

Bank accounts help take away that kind of financial excitement and save you from impulse spending and with that comes higher chances of you growing your savings.

Having a bank account does not necessarily need to come with the worries of transactional charges which is why I recommend the YEA Access Account by Cooperative bank for all youths aged between 18 to 30 years of age.

YEA account is a cool account tailor-made for the youths and any young person that wishes to kickstart their financial journey but is yet to get a job or any well rewarding employment.

I recommend the YEA account with Cooperative Bank to young people because it does not require you to have any opening or operating balance and all you need to have is your ID card and your KRA PIN

The KRA PIN to open the YEA account is easy to obtain from a cyber and the process involves one filling a form and having their passport photo taken.

If one wishes to acquire a Debit card of their YEA account by the Cooperative bank, they only need to pay 550 shillings which is deducted from the deposit made.

When one has a YEA account with the Cooperative Bank, they get discounted bank cheques for fees payment.

Requirements to Open a YEA account

Original ID card as well as a copy

One referee

Copy of KRA PIN







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