@marshalliah, the last time i made a withdrawal, which is a while back, i sent my request by email. They discontinued issuance of cheques unless you work via their agents. However, they will conveniently send you the money directly to your bank account through EFT, RTGS or TT. EFT is free while RTGS-KES 1,500/=, TT-Higher of KES 1,500/= or 2% of the value.

... others may give their experience

[quote=marshalliah]Dear members,

I need advice on whether anyone one in this forum has withdrawn from the online cfc trading account. Experiences with EFT and cheque option will be most helpful including cost and processing period.


For a chequ, if transacting with them through agent,you would have to send in copy of your ID, then for amounts more than KES 100k, someone from CFC has to call to confirm that it you, a cheque is done for you to collect...give that about 5 working days and it'll cost KES 400. But go for EFT,it's free

Made a withdrawal in Jan and another in March via EFT and they dint charge me a dime

Hey EBS @mwekez@ji Is this in-house or sector wide? Interesting.

thanks very much @mwekez@ji and everyone else. Am wiser thanks to you all. Will definitely use the EFT option.


Thanks