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Features Of Co-op Bank Current Account You Need To Know

BY Soko Directory Team · November 18, 2020 11:11 am

The Co-operative Bank Current Account allows customers to deposit and withdraw any amount of money at their own convenience.

The account gives one an opportunity to enjoy financial freedom with an account that is flexible, convenient, and fits their lifestyle to a tee.

The features of this account include:

  1. Cheque book

  2. Ledger fee of Ksh 35 per entry

  3. Monthly maintenance fee of Ksh 300

  4. Operating balance -Nil

  5. Statements issued monthly

To open a Current Account with Co-op Bank, one needs:

  • Original ID Card or Passport as well as a copy

  • 1 referee

  • Minimum opening balances:

  • Ksh 5,000 for individual accounts
  • Ksh 10,000 for companies or co-operative societies(However, the above opening amounts are subject to change from time to time)

  • ​For companies, Memorandum and Articles of Association, Registration Certificate and Directors’ Resolutions are required.

  • Copy of KRA PIN

For more information on this account, follow this link to their website.

You can also visit any Co-operative Bank of Kenya branch for any assistance.

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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