How to become a Co-operative Bank Agent in Kenya 2020

Co-operative Bank is among the top banks in Kenya. Since the introduction of the agent banking services, they too embraced it. Co-op Kwa Jirani is their agent service offering banking needs for Kenyans. This service is available for customers, non-customers, cooperatives, SME customers, corporates, and SACCO-link members.

You can get all simple banking services such as deposits, withdrawals, utility payments, mini-statements, funds transfer, fee payment, check balance and much more from the agent appointed by the bank.

For one to apply to become an agent, it is not a must for you to have an account. You can visit any co-operative bank to get you started.

Who can become co-op kwa Jirani agent

  • Trusts
  • Partnerships
  • Co-operative societies
  • Sole proprietorships
  • Public entities
  • State corporations
  • Limited liability companies

What documents are needed to become Co-op kwa jirani Agent     

Becoming an agent with Co-operative bank requires the applicant to have various documents to support your quest. To own an agent shop, these are what you need:

  • A signed and completed Agency Banking Application by the applicant
  • Two passport Size photographs
  • Copies of National ID or equivalent
  • Certificate of good conduct
  • Certificate of registration
  • Current business permit
  • Curriculum Vitae (CV) of the business owners or directors
  • CBK form 3 &CBK form 4 witnessed by the commissioner of Oaths
  • Business permits for the last 12 months
  • Bank statements if you are not a co-op Bank account holder
  • PIN certificate

For cooperatives and SACCOs, there are additional documents required:

  • SASRA approval for FOSAs
  • Audited books of accounts for the last 2 years
  • VAT registration (where applicable)
  • Resolution to carry out agency banking

There is a CBK application fee of Kshs 1,000. Your float placement is determined by customer limit which will be arrived at during appraisal.

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