Akiba Account
A purely savings account and is open to Kenyans aged 18 years and above. Exclusively operated over the counter (No ATM Card) – instead account holders are issued with account details card.
Benefits
- Free withdrawal per month.
- Affordable opening balance.
- Attractive tax free interest.
- No monthly charges.
- Fast service; no queues.
- Financial discipline – no ATM card; one free withdrawal per month – Kshs.500 charged for subsequent withdrawal transactions done before lapse of 30 days.
- Access to funds in 98 branches countrywide, which is regulated.
Requirements
- Original and copy of National ID or passport.
- Opening balance Kshs.500.
- Operating balance Kshs.5, 000.