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Open letter to James Mwangi of Equity Bank
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Lyra
#11 Posted : Thursday, September 03, 2009 2:11:00 PM
Rank: Member

Joined: 2/25/2009
Posts: 56
Am not so sure,let me find out the finer details will get back to you

'Do all the good you can,by all the means you can,in all the ways you can,
in all the places you can,to all the people you can,as long as ever you can'.
John Wesley
English Preacher (1703-1791)
'Do all the good you can,by all the means you can,in all the ways you can,
in all the places you can,to all the people you can,as long as ever you can'.
John Wesley
English Preacher (1703-1791)
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Wendz
#12 Posted : Thursday, September 03, 2009 2:58:00 PM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
@Liv

Impressive.... I think its time i became a Member! Got a few transactions with firms using equity and have to keep sending someone to do them for me - at a fee(token) of course... cant stand those queues! Now,that's a motivation!

And by the way,not to sound petty but whats with MPESHA? Its Mpesa - pesa for 'money'.

Experience is what you get when you don't get what you want.
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Liv
#13 Posted : Thursday, September 03, 2009 3:10:00 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
@Wendz,

Thanks for pointing this out. I always write 'Mpesha'... I once had a collegue at work whose name was MPESHA from TZ.... this name stuck in my mind. It should be Mpesa you are right.
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Liv
#14 Posted : Tuesday, September 15, 2009 5:49:00 AM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
It seems NIC bank has already implemented what I was asking Equity bank to do. It is in today's nation page33. They are offering this through a current account with a 'mobile banking service'.

Anyone with such account here? Can you access your account through your cell phone? How does this mobile banking service work?
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Kamaa
#15 Posted : Tuesday, September 15, 2009 6:44:00 AM
Rank: Veteran

Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
away from the mpesa-account issue...

i think member bank is here to completely revolutionize the banking sector...

in so many years i have lived and banked with several banks,i have never got a happy birthday message,yet they have always had my details...

i just received one this morning from the member bank...

you've heard me..
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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wote
#16 Posted : Tuesday, September 15, 2009 7:13:00 AM
Rank: Member

Joined: 10/18/2007
Posts: 217
ksh 2400.00 to access your a/c online,that sounds to me like extortion. I have never been in a bank for the last four years,all i do is internet banking in any part of the world and its all free save for transfers abroad which attracts a small fee.

I thought banks invest in technology so that them can save money on physical employment and not the way equity is doing it,i.e as alternative sources of income.


wote
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Liv
#17 Posted : Tuesday, September 15, 2009 8:07:00 AM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
@Wote,

Interesting.... please advise which bank is this that allows free internet banking. I would like to join. Thanks.
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nyari
#18 Posted : Tuesday, September 15, 2009 8:22:00 AM
Rank: Member

Joined: 11/13/2006
Posts: 94
TNBL - Giving advances after mobile request

CBL - Transfers money from account to Mpesa

CFCSB - Transfers from account to suppliers / employees via mpesa

Family - Credit your bank account from mpesa - paybill

BBK - used to send birthday cards,until they 'realized' it was a liability for anyone with less that 20K to operate an account with them
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eriko
#19 Posted : Tuesday, September 15, 2009 8:52:00 AM
Rank: Member

Joined: 6/26/2008
Posts: 21
Kes. 2,400.00 per year is very fair.

Consider this,I have an NIC Account,where I pay Kes. 800.00 per month to access their services. That translates to Kes. 9,600.00 per year. Plus I'll be charged for every transaction I make.

This would mean,I pay Equity Kes. 200.00 per month on the same. That is very affordable. However the only limiting factor is that I can not make payments to accounts other than those at Equity. However,Corporate accounts holders can do this and much more. Like TT's to diaspora.
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Mkimwa
#20 Posted : Tuesday, September 15, 2009 4:35:00 PM
Rank: Member

Joined: 10/26/2008
Posts: 380
@Erika,

you must be doing something wrong.. my pals with NIC pay the same flat rate for 800 and get those transfers free.. no additional charges.

was told that it depends on how you transact.

Add to the fact that the 800 bob covers ATM withdrawal charges,unlimited standing orders,1 local and foreign bankers chaque,international TT,cheque books.. salary processing.. e.t.c.
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