Transactional Current Account

Bank Through Conversations

Business Accounts

Transactional Banking

Loans & Credit Facilities

Trade Finance

Through the Transactional account, the bank has made it possible for business owners, Church managers, Institutions, NGO’s to instantly access funds paid via the Lipan an M-Pesa service. This gives business owners real time access to funds credited from either the M-Pesa Paybill numbers or Till number. A critical move that unlocks csh making it readily available for the customer to efficiently run their business, church, organization, institution.

The Transactional account is a solution

The account takes NO ledger fee for Mpesa deposits.
The SME client acquires their Till number FREE within 24 hrs.
The account gives SMEs clients access to their Mpesa Till payments INSTANTLY.

Target Market

Entities that receive payments from both banked and unbanked individuals such as policy holders, farmers, dealers, tenants, church members, tenants paying rent and periodic fee payers. They include but not limited to:

Customers with Pay bills/tills and don’t use BOA as their settlement bank
Existing customers who wish to start offering Lipa a Mpesa as a means of payment in their outlets
Insurance companies & Real Estate Agents
Educational & Religious institutions
Fast-Moving Consumer Goods (FMCG) companies
Corporate accepting Mpesa as a mode of their payments from both banked and unbanked payers.

Transactional Account Benefits.

Deposits received through Tills and Paybill payments will be sent to the account at no additional cost.
Real-Time Lipa na Mpesa settlement to your BOA account, offering operational efficiency on reconciliations
Efficient cash management as a result of free e-receipts for debits and credits to the account.
We will aid in acquisition of Till number, FREE within 24 hrs for new applicants.
We will facilitate bulk Salary Processing.