Hello investors it's a pity to note that despite the biting recession National Bank of Kenya has raised their ATM withdrawal fee by 133% (i.e. from 30/= to 70/=) effective July 20 2009. Is this extortion or a justified review of commission given that they have not added any value to the said service?

'I never see what has been done; I only see what remains to be done.'

Note that fee was increased to 70 by most banks applicable to pesapoint svcs. Adds were all over the dailies.

The only reason why some people are still alive is coz its illegal to shoot them!!

@Ji

If indeed NBK is charging 70/= on their own ATMs,then that was a steep increase. Otherwise Pesapoint increased their fees to ALL banks and thus all banks whose customers use Pesapoint had to transfer the burden to their customers. So many banks have advised their customers that the fees at Pesapoint ATMs have gone up to btwn 70-75sh........i really doubt the same applies for NBKs own ATM machines......unless they were all on Pesapoint!

The world is changed by those who dare dream.

@ Ji

Have checked my mini statement with NBK and can confirm that the ATM withdrawal charges are still 30/= at NBK ATMs.



WOULD RATHER DIE FIGHTING 4 MY RIGHTS THAN LIVE FOREVER WITHOUT ANY RIGHTS