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bank fees and charges, any place i can get comparative information/
anika66
#1 Posted : Monday, April 16, 2012 6:33:15 PM
Rank: Member


Joined: 2/25/2010
Posts: 158
I am readjusting my financials, i want to compare banking charges and fees in order to plan my future in an informed manner. Is there a one stop shop where i can compare bank service charge/fees from far (outside kenya)? Are financial consumers protected under the new consumer laws? I am abit concerned that although i have set up a standing order favoring my investment providers, I am required to pay some fees to my bankers in order to have the money sent to my investment account. If I have comparative figures from other banks, I will be able to minimise my expenses when setting up standing orders. Also i want to know which bank visa card charges less interest/yearly charges. I just want to kujipanga kipesa
Keeping it all in the family
eco
#2 Posted : Tuesday, April 17, 2012 11:02:00 AM
Rank: Member


Joined: 6/17/2011
Posts: 229
anika66 wrote:
I am readjusting my financials, i want to compare banking charges and fees in order to plan my future in an informed manner. Is there a one stop shop where i can compare bank service charge/fees....


Shouldn't CBK have this information?

I know Equity Bank have recently upgraded their internet banking system, with features including online money transfer, inter-currency & cross currency to both Equity accounts & Other banks in Kenya, bill payments, ability to store details of beneficiaries who receive regular payments / transfers from you, make spot or scheduled payments to the defined payees, scheduled transfer to EB customers as well as other Kenyan banks customers, accounts statements & mini statement, query selection & transaction history. Earlier, one could only do internal transfers to other EB accounts @ KES 50 per tranfser. Across banks transfer fee is KES 300 (crosscheck?). They have also set up a Diaspora Branch at the HQRs with an excellent customer service.
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