How To Pay School Fees Using Co-operative Bank Products

Going back to school, especially for the first term comes along with more responsibilities and expenses especially for those parents who have students joining form one.

For most parents, it means buying everything new: new shoes, uniforms, stationery, textbooks, and exercise books.

If you are a parent and you waited until now to get all these things in order, you don’t have to worry about the long queues in bank halls.

Through Cooperative Bank’s products, you can now pay school fees and withdraw money from your Co-op account without making the trip to a bank branch

Pay school fees conveniently through MCo-op Cash, M-Pesa Paybill 400222, PesaLink, or at a Co-op Kwa Jirani agent near you.

If you also need a loan, you can apply for an MCo-op Cash Salary Advance of up to 500,000 shillings with a repayment period of up to 3 months.

Use your Co-op Visa Card to pay for your back-to-school shopping at No Extra Cost, and enjoy discounts at selected outlets.

How To Pay

1. MCo-op Cash App

Making time for the bank can be tough, but banking should not be an inconvenience. Co-operative Bank has therefore made it possible for you to bank anytime and anywhere.

Transfer money from your Co-op Bank account to the School’s Co-op Bank account through MCo-op Cash

1. Dial *667# or use the MCo-op Cash app and login with your MCo-op Cash PIN
2. Select Bank Transfer
3. Select Other Co-op accounts
4. Enter the School Co-op Account
5. Select the account to transfer from
6. Enter the amount you want to pay
7. Enter the reason for payment: student’s name or admission number
8. Confirm the transaction
9. You will receive a confirmation SMS

Registration is INSTANT and FREE of charge. Visit the nearest Co-op Bank branch with your National ID or Passport

2. Co-op Kwa Jirani Agent

Banking at a Co-op Kwa Jirani agent is as good as banking at a Co-op Bank branch. This is a convenient and simple banking model to suit your lifestyle as well as offer you convenience.

Deposit cash in the school’s Co-op Bank account at your nearest Co-op Kwa Jirani agent for free! You will get a receipt showing the payment details

3. M-Pesa Paybill

The Co-operative Bank MCollection solution makes it easier for you to reconcile payments made to your Co-op Bank account via M-Pesa. Send Money from MPESA to the School’s Co-op Bank account using PAYBILL 400222.

1. Go to Lipa na Mpesa, Paybill option
2. Enter Business Number 400222
3. Enter Account Number as School Code, for example, 1059#123456789.
4. Enter the amount you want to pay
5. Enter your M-Pesa PIN and confirm the transaction
6. You will receive a confirmation SMS with the payment details

This solution is suitable for any type of business that receives bulk payments from customers via M-Pesa. This includes schools, payments from tenants, etc.

4. PESALINK

Transfer money from another local bank to the school’s Co-op Bank account through PESALINK

1. To access PESALINK, login to the bank’s online banking or mobile banking app
2. Select PESALINK on the main menu
3. Select SEND TO ACCOUNT
4. Enter the School’s Co-op Bank account number
5. Choose the BANK (Select ‘CO-OPBANK’)
6. Enter the AMOUNT you want to pay
7. Select the account you want to transfer from
8. Follow the steps to complete the transaction
9. You will receive a confirmation SMS with a link to a digital receipt which you can print

Through Money Transfer Solutions

You can also send or receive school fees via any of the below money transfer solutions: Instant cash, TransFast, WorldRemit, Western Union, and MoneyGram.