Tag: Co-op Bank alternative banking channels news

8 wonderful things about simple banking model ‘Kwa Jirani’ that has infiltrated estates and villages across Kenya

Posted on by Martin Oduor

Kwa Jirani has taken over villages and estates across Kenya with a boom. The convenience offered by Kwa Jirani is what has made it a success story.

For starters, Kwa Jirani is agency banking by Co-operative Bank which is a convenient and simple banking model that suit your lifestyle as well as offer you convenience.

In simpler terms, Kwa Jirani are accredited Co-operative agents who operate in estates and villages where traditionally bank branches are not found. Banking at a Co-op Kwa Jirani agent is as good as banking at a Co-op bank branch.

Below are 8 vital services offered at Co-op Kwa Jirani that have it a darling of many people, especially if you live far away from the bank:

1.Cash Withdrawals (From Co-op Account / SACCO Account / Fethalink)

2. Cash Deposits (To Co-op Account / SACCO Account / Fethalink)

3. Funds Transfer (To Co-op Account / SACCO Account / Fethalink)

4. School/College/ university Fees payments ( You can pay via cash or using a Co-op Visa Card)

5. You can pay utility bills Utility Bills Payment

6. You can check your Account balance ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)

7. You get your account mini-statement ( Co-op Account, Sacco Link account, and KenSwitch affiliated banks)

8. Other payments that you can make at a Co-op Kwa Jirani agent include:
NHIF Payments
County Payments
Other Government Payments e.g. KRA

 

Everything you need to know about alternative banking channels – the new efficient to avoid long queues at the banking halls

Posted on by Martin Oduor

Alternative banking channels are avenues created by banks to help customers solve their day to day banking needs without stepping in the banking halls.

Co-op Bank alternative banking channels helps you spend less time banking and more time doing what you love, the alternative banking channels offer a variety of services;

MCo-op Cash

MCo-op Cash is a mobile banking service app from the Co-operative bank that enables you to access your Co-op Bank accounts on mobile phone platform.

If you have MCo-op Cash app on your phone you can access Co-op bank’s mobile loan at 1.16% interest rate,check account balance, withdraw cash at ATM, send money to Mpesa, transfer money to any bank account, buy KPLC tokens etc.

 

Co-op visa cards

With Co-op Bank Visa Card, you can shop anyway and pay using your card at no extra cost. The card is accepted in the VISA Electron branded major supermarkets like Nakumatt, Tuskys, Tumaini etc.

 

Co-op mVisa

Co-op mVisa is basically Visa services via mobile phone. You no longer need to carry your Visa card everywhere with you once you have mVisa on your phone.

With Co-op mVisa, you pay for their goods and services at no extra cost, send money for FREE to another Co-op mVisa number (the money reflects in the Co-op account immediately) and you can also withdraw money from your Co-op account via mVisa.

 

Kwa Jirani Agent

These are accredited Co-op Bank agents who are mostly located in the estates and shopping centers in throughout the country. You can withdraw or send money at Kwa Jirani Agent. You can also pay school fees at Kwa Jirani Agent, no need to go all the way to Co-op Bank branches if Kwa Jirani Agent is near you.

Watch the video below to see how Co-op alternative channels work: