Transactional Services

1. Salary processing

This service allows you to outsource the entire cash payroll processing. All you need to do is forward payroll schedules to the Bank

Benefits

  • Real time confirmation of salary payments.
  • Ease of Reconciliation

 

2. Collections and reconciliations solutions

Ease of cash management in a centralized account

Benefits

  • Ease of cash management in a centralized account
  • Ease of reconciliation by use of Straight Through Processing  (STP) file upload to customer systems

Qualifying Criteria

  • All account opening requirements

 

3. E-statements

Online access to your company accounts from the comfort of your offices.

Benefits

  • Real time confirmation of transactions.
  • Ease of Reconciliation

Qualifying Criteria

  • Internet access

 

4. KCB Quick pay

Software which the Bank installs into your computer systems to enable interchange of data for purposes of effecting direct credit and debit transactions

Benefits

  • Fast
  • Efficient
  • Secure
  • Handling of bulk payments
  • Generation of reports

 

5. Global cheque deposit

Customers are now able to deposit their Cheques and cash deposits conveniently located Branch within the KCB network.

Benefits

  • Can deposit in any KCB branch across any of the 6 Eastern African markets.


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