Transactional Services

Our collection services facilitate the digitization of the process that matches the money paid from your organization’s account to a specific recipient’s accounts.

Benefits

1. Reduced human intervention

   Reduced Errors due to automation

2. Quick automatic processes

   Auto-reconciliation straight through processing files

What we need from you;

• An active Business Account
• Duly signed Solution Request Letter
• Unique Identifier Database

Service Rates and Fees*

• A monthly charge of KES 20,000 is applicable where a daily auto reconciliation file is required for global utilities e.g. KPLC payments
• For real-time direct system integration, the following charges apply:
  • Per transaction - 0.1% of the amount deposited, Minimum Kes 50; maximum Kes 1,000
  • Monthly charge - minimum Kes 100,000; maximum Kes 5,000,000
• No set up costs for customers who need cheque capture solution.
• ATM set up and maintenance costs apply for customers who need it in their premises.

*Charges are not inclusive of tax

We offer an easy solution that helps you reconcile the book keeping records in your organization’s account to those in your bank’s statement.

Benefits 

1. Accountability

   Monitor your account activity and balances

2. In-depth insight on your bank account

   Check the transactions of subsidiaries’ bank accounts

3. Availability of transaction information

   Obtain details about each account activity if information about it was recorded

Service Rates and Fees*

1. Monthly charge - Kes 5,000

*Charges are not inclusive of tax