lexx wrote:Hello fellow wazuans. I would love your input on which bank would be the best to open a Company A/c with in terms of:
Low maintenance &/ Operating charges
Customer service
Adequate branches
I have banked with Co-op, CFC and KCB. My experience is as follows.
Co-op was low maintenance and creative with IT products. Drawback is limited products range eg you couldn't get a cheap chequing account.
CFC efficient but expensive and obscure products. They sell you a 500 Sh fixed charge account but you find some funny unexplained charges at the end of the month.
KCB to be honest my expections for this bank were very low. I only opened an account there because i was going on a regional secondment. My salary was paid in Nairobi but i could access it throughout EA in Dollars or KShs. I could also use the mobile banking from wherever.
Turns out that KCB has a KShs 50 monthly maintenance business account. Their Customer care centre is efficient, i just call and get all info i need on my account. For KShs 1000 per month you join Biashara club for VIP treatment, Quartely one day business seminars: local, regional and international. Branch and ATM network is widest including in the major malls.
To be honest KCB has exceeded my expectations and i recommend it.
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