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Kopa Float

This is an overdraft facility that allows KCB Bank Agents and other Telco agents to purchase float even when they have insufficient funds in their accounts. The facility charges 0.2% daily interest and is available only to prescored customers with limits.

Requirements

  • You need to be a KCB Banked customer for the last 12 months to be considered for the facility.

How to Access Kopa Float

Dial *520# and Select Kopa Float to opt in/out.

Every time you utilize your overdraft limit, you will receive an SMS with the outstanding overdraft amount.

Charges

You will be charged a daily interest of 0.2% on the accessed overdraft facility and a default penalty of 5% if the overdrawn amount is not paid on time.

 

Terms and Conditions

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