28 May, Tuesday
Co-op Kwa Jirani COOPERATIVE BANK AGENT Requirements

Co-op Kwa Jirani COOPERATIVE BANK AGENT Requirements

This article is about Co-op Kwa Jirani COOPERATIVE BANK AGENT Requirements. These are the things one must do to become a representative of the Cooperative Bank (Co-op Kwa Jirani).

Co-op Kwa Jirani is a service of the Co-operative Bank of Kenya which enables customers to conduct all banking transactions through a designated banker.

Kwa Jirani Cooperative includes accepting deposits, withdrawals, tuition payments, utility payments, balance inquiries, small claims, and more.

In this post, we will look at the requirements for obtaining a license as an agent. You do not need to have a Co-op Bank account to apply as a representative.

Co-op Kwa Jirani COOPERATIVE BANK AGENT Requirements

Simply visit your nearest Co-op Bank branch, fill out the application form, and submit the following documents along with the application form:

  • Certificate of Good Conduct (for individual)
  • PIN document
  • Bank statement if you do not have a Co-op Bank account
  • Business license for the last 12 months
  • Active Work permit
  • Certificate of Registration
  • ID number or equivalent
  • Two passport size photographs
  • Introduction of business owners or managers
  • CBK Form 3 and CBK Form 4 before the Commissioner on Oath

For companies and SACCOs, the following additional documents will be required:

Audited financial statements of the last two years
Corporate banking decisions
SASRA support for medical equipment
VAT registration (if applicable)

The fees applicable to support are as follows:

CBK Application Fee – Ksh 1,000
Float Placement – Determined by the customer’s quota reached at the time of inspection

Coop Kwa Jirani transation Limits

  • Deposit – No limit
  • Cash Out – 100,000 Ksh
  • Tuition Fees – No limit