Saturday, July 27, 2024

Requirements to become a Co-op Kwa Jirani Agent

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

This article explains Requirements to become a Co-op Kwa Jirani Agent. You don’t have to be a Co-op Bank account holder to apply to be an agent.

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

  • Certificate of good conduct (for the individual)
  • PIN certificate
  • Bank statements if you are not a Co-op Bank account holder
  • Business permits for the last 12 months
  • Current business permit
  • Certificate of registration
  • Copy of ID or equivalent
  • Two passport size photographs
  • Business owners’ or directors’ CVs
  • CBK Form 3 & CBK Form 4 witnessed by Commissioner of Oaths

For corporates and SACCOs, the following additional documents will be required:

  • Audited books of accounts for the last two years
  • Resolution to carry out agency banking
  • SASRA approval for FOSA’s
  • VAT registration (where applicable)

The applicable fees to facilitate approval are:

  • CBK application fee – Ksh 1,000
  • Float placement – Determined by customer limit which is arrived at during appraisal
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