All education institutions including schools, colleges and universities, both public and private, are served by a dedicated account – Education Partnership Account – largely to assist them receive student fees payments conveniently through our outlets countrywide.
- Schools get same day value for cash deposits.
- Convenience in fee collection, as the Bank provides customized deposit slips that capture critical student details.
- Reduced cheque clearing periods, as we give one-day value for cheques drawn on any of our branches.
- Managed banking costs for students, as no charges are levied on cash deposits at any of our outlets.
- Reduced risks of handling cash both for the school and students
- Easy reconciliation of fees account.
- School can be considered for cash Flow based lending based on the fees collections.
In addition to the above, other products offered to institutional customers include:-
- National Collection Services for institutions engaged in mass retail receipts.
- Payroll Services to assist customers with large payrolls to process salaries with ease.
- Electronic banking to enable customers get online access to their accounts.
- Fixed and Call deposits to assist institutions invest any unutilised balances they may be holding.
For further enquiries, talk to us on Tel 277 6000 or Email:
customerservice@co-opbank.co.ke