How do I withdraw from a cooperative agent?

How do I withdraw from a cooperative agent?

Cardless withdrawal using *667#

  1. Dial *667# and call.
  2. Enter your Mcoopcash Pin ( 4digits)
  3. Select Option 8. Withdraw cash.
  4. Select where to withdraw from – Agent or ATM.
  5. Select the beneficiary phone number.
  6. Select account to debit.
  7. Enter the amount and confirm.

How do I start a cooperative bank agent in Kenya?

Just visit your nearest Co-op Bank branch, fill in an application form and submit the following documents along with the application form:

  1. Certificate of good conduct (for the individual)
  2. PIN certificate.
  3. Bank statements if you are not a Co-op Bank account holder.
  4. Business permits for the last 12 months.

How much does it cost to withdraw money from cooperative agent?

Co-op bank Agency Cash withdrawal limit is pegged at Ksh. 100,000….Cooperative Bank (Co-op Kwa Jirani) Cash Withdrawal Charges and Agent Commission.

Amount (Kshs) Charges (Ksh) Agent Commission (Ksh)
5,001-10,000 70 30
10,001-20,000 80 35
20,001-30,000 100 45
30,001-40,000 120 55

How much does it cost to withdraw from KCB agent?

KCB has a wide network of over 12,000 KCB Bank Agents across the country to deliver banking services closer to you….KCB Mtaani Agent Withdrawal Charges.

Range Charges
10,001- 20,000 75
20,001- 50,000 105
50,001 – 100,000 185

How do mpesa agents earn commissions?

Agents earn a commission from Safaricom whenever they make deposits or withdrawals for their clients. Even though clients deposit money into their accounts for free, Safaricom still pays commission to Mpesa agents performing this service.

How can I become bank agent?

Eligibility Requirement

  1. The applicant must be a citizen of India.
  2. The applicant must complete a minimum of 18 years of age.
  3. The applicant must be well versed in using computer and internet.
  4. The applicant must be minimum 12th std Pas.

How do I buy float from Cooperative Bank?

Frequently asked questions

  1. Dial *667# and call.
  2. Enter your Mcoopcash Pin (4 digits)
  3. Select Option.
  4. Buy Mpesa Float.
  5. Enter the agent number.
  6. Enter the store number.
  7. Select account to debit.
  8. Enter amount and confirm. Footer. About Us.

How much can I transfer from mpesa to Cooperative Bank?

The PesaLink service allows you to transfer money into a Co-op Bank account instantly from another bank. You can transfer as little as Ksh 10 up to Ksh 200,000 at an extremely low cost between Ksh 0 to Ksh 152, depending on the amount you transfer.

How much can you withdraw from Coop Bank ATM?

Sh40,000 per day
Co-operative Bank has increased its maximum ATM withdrawal limit, from Sh20,000 per day to Sh40,000 per day. The cost per transaction remains at Sh30 per ATM withdrawal.

How much commission do KCB agents make?

KCB Mtaani Agent Commission Structure

Limit Tariff Agent Commission
5,001 – 10,000 53 26.50
10,001 – 20,000 75 37.50
20,001 – ​​ 35,000 105 52.50
35,001 – 50,000 105 52.50

Can you withdraw from KCB agent?

While at the KCB Mtaani agent outlet dial *522#, under the KCB MTAANI option initiate transaction, give the Agent your card and ID. The Agent will proceed to swipe your card. 2. You and the agent will receive a confirmation SMS on the successful withdrawal.

How much do bank agents earn per month?

Equity Bank Salary FAQs The average salary for a Customer Service Agent is KES 30,000 per month in Nairobi, Kenya Area, which is 25% lower than the average Equity Bank salary of KES 40,000 per month for this job.

How much do MPesa agents earn per month?

MPesa business is one of the most profitable small capital businesses in Kenya. In a good month, you can make as much as Ksh 50,000 depending on location and traffic flow.

  • August 8, 2022