BANK Summary minimum rate of charges, commission and interest effective 1st Jan, 2023.

mum rate of charges, commission and interest effective 1st Jan, 2023. These charges are subject to change
2023 TARIFF GUIDE and details will be available at our branches and on the KCB website. BRANCH GENERAL SERVICES
1. Statements and Balances SME BANKING ACCOUNTS
PERSONAL BANKING DIASPORA KCB MORTGAGES – PRICING & TENURE
-Below 2 years KShs. 320
A. CURRENT ACCOUNTS A. CURRENT ACCOUNT 1. Current Account
Duplicate copies -Between KShs. 750 *Base rate +/- Risk margin applicable to KShs Mortgages only
1) Ledger Fees 1. Business Current Account - Minimum opening balance KShs. 2,000 or US$ 500
on request 2-5 years
-Per entry KShs. 35 Minimum Operating Balance Ledger fees per entry KShs. 35 Max Period
-Over 5 years KShs. 2,000
-Minimum per month KShs. 350 Minimum per month KShs. 350 Residential (Singe dwelling unit) Pricing (FX) (Month)
Interim statements KShs. 105 Ledger fee:
-Maintenance per month KShs. 300 Maintenance per month KShs. 300
2. Banker’s Cheque (Local) 2) Cheque Books per leaf KShs. 8.00 - per entry KShs. 35
2. Savings Account 1. Purchase (Complete houses) 8.5% p.a.-10.5% p.a. 300
Customer KShs. 200 3) Cheques returned unpaid - refer to drawer KShs. 3,000 - minimum per month KShs. 350 Minimum operating balance KShs. 1,000
Non-customer KShs. 200 Not arranged for KShs. 3,000 Balances of KShs. 50,000 and above Nil 2. Purchase (Plot maximum 2 acres) 8.5% p.a.-10.5% p.a. 120
Maintenance fee Nil
3. Banker’s Cheque (Foreign Currency) Effects not cleared KShs. 3,000 2. Business Privilege Account 3. Transactional Account
Customer US$ 10 Technical reasons KShs. 850 Monthly fee bundled pricing KShs. 900 3. Mortgage Plus (Top Up Loans) 8.5% p.a.-10.5% p.a. 300
- Minimum opening balance KShs. 2,000/ US$ 500
Non-customer US$ 15 Stop payment KShs. 480 Cheque book KShs. 17.50 per leaf - Minimum Operating Balance Nil 4. Equity release 8.5% p.a.-10.5% p.a. 300
4. Standing Order (Local) Handling fee for inward unpaid cheque KShs. 585 Opening and operating balance Nil - Service Charge Nil
Setting up KShs. 265 Certificate of balance KShs. 1,065 Over the counter Withdrawals Free - Maintenance Fee for Balance below USD 1,000 US$ 5 5. Construction 8.5% p.a.-10.5% p.a. 300
4) Closing Account Cash handling Nil
Processing (per item) to KCB branches KShs. 160
Normal charges Nil Bulk coin deposit charge Nil ATM SERVICES Combined plot purchase
Ledger fees to date or minimum KShs. 350 3 Entrepreneurs Account 6. 8.5% p.a.-10.5% p.a. 300
To other banks plus remittance commission 0.3% KShs. 320 Interim statement Free A. ATM and construction
of value or minimum Counter debits/cheques charges item KShs. 400 Maintenance fee Nil 1. ATM Cash Withdrawal at:
B. TRANSACTIONAL ACCOUNTS Minimum Operating Balance Nil KCB ATMs KShs. 30 7. Diaspora Home Loans –
Unpaid (per item) KShs. 2,500 Residential purchase only 8.5% p.a.-10.5% p.a. 180
1. Student Plus Account Cheque Book per leaf KShs. 14.50 Kenswitch ATMs KShs. 70
Amending KShs. 320 Minimum operating balance KShs. 100 Ledger Fees Nil Visa/MasterCard/UPI ATMs KShs. 250
Stopped (per item) KShs. 430 Service charges Nil Monthly Statement Free 2. ATM Deposit at KCB ATMs (Recyclers & CDM) Special Scheme Loans – Cash
8. N/A 300
2. Jiinue Account Maintenance Fee Nil Cash deposit Free Backed, Check-Off or Hybrid
Salary Processing Fee KShs. 200 Minimum opening balance KShs. 200 Baraka Account Cheque deposit Free
5. Foreign Currency (FCY) Minimum operating balance KShs. 100 USD, GBP & EURO denominated
Minimum Opening Balance KShs. 1000 3. Account Enquiries at KCB ATMs 9. 8.5% p.a.-10.5% p.a. 120
a) Purchase Service charges KShs. 50 mortgages
Minimum Operating Balance KShs. 1000 Balance enquiry Free
Below US$ 40,000 or equivalent in other FCY Nil 3. Mapato Account Maintenance Fee Nil Mini-statement request Free
Above US$ 40,000 1% to max of US$ 430 Minimum operating balance KShs. 500 Commercial (others/more than one unit)
Over-the-counter withdrawal KShs. 200 4. Withdrawal fee using foreign card USD $4
b) Sale Service charges:
Bulk Coins Deposits Nil E. CREDIT CARDS 1. Purchase (Complete properties) 8.5% p.a.-10.5% p.a. 240
Below US$ 40,000 or equivalent in other FCY Nil - Below KShs. 3,000 KShs. 300
Cheque Book per leaf KShs. 8 1. Visa Gold Card
Above US$ 40,000 1% max; US US$ 430 - Above KShs. 3,000-KShs. 50,000 KShs. 200 2. Purchase (Plots) 8.5% p.a.-10.5% p.a. 120
B. SME BANKING-INVESTMENTS Joining fees KShs. 4,000 (Waived)
6. Safe Custody (half yearly rate) - Above KShs. 50,000 Nil
ACCOUNT Annual fees KShs. 4000
- Minimum KShs. 1,280 4. Bankika Account 3. Mortgage Plus (Top Up Loans) 8.5% p.a.-10.5% p.a. 240
1. Business Investment Account Supplementary annual fee KShs. 1000
Minimum opening balance KShs. 100
- Maximum Per locker KShs. 2,000 Minimum opening balance KShs. 1,000 Monthly interest 3.50%
Minimum operating balance Nil 4. Equity Release 8.5% p.a.-10.5% p.a. 240
- Small KShs. 2,400 Minimum operating balance KShs. 1,000 Replacement fees 1000
Service charges Nil
Depending - Medium KShs. 2,500 Reactivation fees KShs. 200 Late payment interest 5% of due amount 5. Construction 8.5% p.a.-10.5% p.a. 240
5. General Charges
on size of the - Large KShs. 4,000
Closing the Account C. AGRI-BUSINESS ACCOUNT Cash advance interest 6% of amount withdrawn
item lodged - Extra-large KShs. 8,000 1. Farmer’s Current Account Combined plot purchase and con-
(for all Transactional Accounts) Nil Over limit interest KShs. 1000 6.
Minimum operating balance Nil struction 8.5% p.a.-10.5% p.a. 240
- Night Safe wallets KShs. 1,000 C. SAVINGS ACCOUNT Minimum repayment 10%
- Access charges (per visit) KShs. 212 1. Simba Savings Account
Maintenance fee Nil 2. Platinum Visa Card
Cheque book USD, GBP & EURO denominated
- Replace locker lost keys KShs. 212 Minimum opening balance KShs. 1000 KShs. 8 Joining fees KShs. 4,000 (Waived) 7.
mortgages 8.5% p.a.-10.5% p.a. 120
7. Cash Handling (Commission) Maintenance fee Nil Service charge per leaf Nil Annual fees KShs. 4260
a) Local Currency (LCY) Deposits Closing account Nil 2. Farmer’s Transactional Account Supplementary annual fee KShs. 2000 Diaspora Commercial
Minimum operating balance Nil 8.
Customers 2. Cub Account Monthly interest 3.50% Loans – Commercial purchase only 8.5% p.a.-10.5% p.a. 120
- Cash deposits of upto KShs. 500,000 Nil Minimum Operating Balance KShs. 1,000 Maintenance fee Nil Replacement fees KShs. 1000
Service charge Nil Late payment interest 5% of due amount 1. Salaried Up to 300 months
- Cash deposits exceeding KShs. 500,000 0.2% of Amount above Service Charges Nil
KShs. 500,000 3. Goal Account 3 MobiGrow Account Cash advance interest 6% of amount withdrawn 2. Self-employed (Rentals) Based on source of repayment Up to 240 months
Mininmum balance KShs. 1,000 Minimum Balance KShs. 10 Over limit interest KShs. 1000
Non-customers 3. Self-employed (Business) Up to 120 months
Maintenance fee Nil Minimum Operating Balance Nil Minimum repayment 10%
- Cash deposits of any amount 0.4% or minimum KShs. 200
D. FOREIGN CURRENCY ACCOUNT Minimum Opening Balance Nil 3. Classic Visa Card Mortgages Fees and Commissions
- Depositing coins per bag for more than 100
1. Foreign Currency Current Account Maintenance Fee Nil Joining fees KShs. 3000 (Waived)
coins (except Cub Account) KShs. 0.5
Opening balance US$ 25 D. SCHOOL ACCOUNTS Annual fees KShs. 3000 Item Description Tariff (KES)
- Depositing coins per bag for more than 100 Account maintenance fee with: 1. School Fees Collection Account Supplementary annual fee KShs. 1000 Up to 2.5%
Coins for Cub account FREE - Balance below US$ 1,000 Monthly interest 3.50%
US$ 5 Minimum operating balance Nil New facilities of loan amount
Cash Withdrawal (LCY) - Customer Over-The-Counter - Balance above US$ 1,000 Free Minimum opening balance Nil Replacement fees KShs. 1000
For amounts upto KShs. 999,999 KShs. 200 Top up without consolidation Up to 2%
Cheque returned unpaid Ledger and maintenance fees Nil Late payment interest 5% of due amount
Negotiation Fees Top up with consolidation but without of top up amount
For daily cumulative amounts of KShs. 5,000 - Refer to drawer’ by KCB US$ 30 Statements and cheque book Free Cash advance interest 6% of amount withdrawn extension of term
KShs. 1,000,000=00 and above - Refer to drawer’ by other US$ 10 Cash deposit charge Free Over limit interest KShs. 1000
Non-customer deposit 1% of deposit amount or - Technical reasons US$ 10 Minimum repayment 10% Top up with consolidation and Up to 2.5% of the
Over the counter withdrawal over KShs. 1,000,000 0.2% of amount
minimum of KShs. 200 - Stop payment’ US$ 5 4. MasterCard Gold extension of term consolidated amount
2. National Education Sector Programme Accounts (NESSP)
b) Foreign Currency (FCY) Deposits: Cheques sent on collection - Min. US$ 10 a. NESSP Current Account Joining fee Waived KShs. 4,000 Nairobi & Environs KES.10, 000
Upto US$ 10,000 or equivalent in other FCY Nil Commission 0.5% or Max. US$ 60 Annual fee KShs. 4,000 Site inspection
- Minimum opening balance Nil
US$ 10,001-US$ 200,000 or equivalent Closing account (plus ledger fees to date) Nil Monthly interest rate 3.5% Outside Nairobi KES.20, 000
- Monthly and ledger eees Nil
in other FCY 0.25% of deposit 2. Foreign Currency Saving Account Late payment fee 5% of due amount
- Minimum operating balance KShs. 1,000
Opening Balance US$ 50 Supplementary card annual fee KShs. 1,000 Mortgage Protection Insurance Computed based on
US$ 200,001 or equivalent in other FCY 0.35% of deposit; max. - Cheque book per leaf KShs. 8.00
Maintenance fee for balance below US$ 1,000 Nil Insurance (MPI) with FCL of KES.40M age and number of
US$1,500 Banker’s cheque book Free Replacement fee KShs. 1,000
Banker’s cheque in Foreign Currency insured persons
FCY notes in small denominations, soiled bills 0.25% b. NESSP Savings Account Overlimit fee KShs. 1,000
- Customers US$ 10 Minimum repayment 10%
(c) Foreign Currency (FCY) Withdrawals: - Non-customers US$ 15
Minimum opening balance Nil House Owners Comprehensive Insurance Computed based on
Up to US$ 40,000 or equivalent in other FCY 0.25% of transaction - Monthly and ledger fees Nil Cash advance interest 6% of amount withdrawn replacement value
MICRO BANKING Funds credit to the Account KShs. 100 5. Corporate Card
US$ 40,001-US$ 200,000 0.35% of transaction
A. TRANSACTIONAL ACCOUNTS - Account operating balance KShs. 1,000 Joining fees KShs. 4000 (Waived) Contractors All Risk Policy (CARP) Project specific
US$ 200,001 or equivalent in other FCY 0.50%; max. US$ 1,500 1. Bankika Business Account
E. M-PESA AGENT ACCOUNT Annual fees KShs. 4000
8. RTGS Opening balance KShs. 100 Supplementary annual fee KShs. 4000
- Minimum operating balance KShs. 1,000
Remittance within Kenya KShs. 500 Minimum operating balance Nil Monthly interest 3.50% TERMS AND CONDITIONS
- Cash handling fees on deposits Nil
Inactive account reactivation KShs. 200 Monthly maintenance fee Nil Replacement fees KShs. 2000 ALL CHARGES ARE SUBJECT TO 20% EXCISE TAX
- One-off bundled pricing KShs. 1,000 **THESE CHARGES ARE INCLUSIVE OF 20% EXCISE TAX
Monetary claim of funds on dormant account KShs. 500 Withdrawal Charges KShs. 200 Late payment interest 5% of due amount
B. CURRENT ACCOUNT - Cheque book per leaf KShs. 17.50 ALL FEES THAT ARE LINKED TO LOANS ARE EXEMPT FROM EXCISE DUTY
Postage (actual stamp cost plus 30%) or Cash advance interest 6% of amount withdrawn
Minimum Revenue stamp KShs. 30 2. Tuungane Current Account F. DEALERS’ PRIVILEGE ACCOUNT
Access to Advantage Centre Free Over limit interest KShs. 1000
Remittances outside Kenya Min. KShs. 1,200 Minimum opening balance KShs. 1000
- Monthly fee bundled pricing KShs. 900 Minimum repayment 10%
(TT’s and Drafts) 0.3% of value Max. KShs. 6,000 Minimum monthly deposit Nil
Minimum operating balance Nil - Operating balance Nil F. DEBIT CARDS
Postage (actual stamp cost plus 30%) - Minimum KShs. 300
Cheque book (50 leaves) KShs. 8 per leaf - Cheque book charges KShs. 17.50 1. Visa Debit Card
Income Tax P.A.Y.E KShs. 20
Withdrawal charges KShs. 200 - Maintenance fee per leaf Nil Payment at Point of Sale Free
Foreign draft flat fee KShs. 500 New Debit Card KShs. 430
3. Entreprenuer Account
9. SWIFT charges ADVANTAGE BANKING 2. Debit Card Issue and Replacement
Minimum operating balance Nil
Inward (flat fee) KShs. 600 or its equivalent Ledger fee Nil 1. Advantage Includes lost, stolen, damaged and compromised KShs. 430
using the day’s rate in other - Monthly fee bundled pricing KShs. 1,280 G. PREPAID CARD
Maintenance fee Nil
currencies - Cheque book per leaf KShs. 17.50
Monthly statement Free Joining fee KShs. 500
10. Dividend Warranties KShs. 50 Cheque book charges per leaf KShs. 14.50 2. Platinum Statement request fee Nil
11. Government Pension Cheques Transaction Charges KShs. 50 - Monthly fee bundled pricing KShs. 2,130 Card replacement KShs. 500
0.1% for cheques above KShs. 1,000 minimum KShs. 50 Withdrawals against uncleared effects 3% of advance - Cheque Book per leaf KShs. 17.50 ATM charges KShs. 30

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