The bank also provides this service throughout our branch network. Manager’s cheque is one of the most secure mode of payment with a validity of six months. This is done through paying cash to the bank or debiting an account of an existing client, then the cheque is issued in the name of the receiving company or individual.
DDAC and RTGS are modes of money transfer services offered throughout our branch network. Amounts below K500k are transferred via DDAC and amounts above K500k are transferred using RTGS.
This is one of our client service touch points models used to offer banking services to our clients. The model offers convenience to our clients and provides banking services to the unbanked population. Currently, we have a total 60 operating agents across the country with a view of expanding to 100 agents by end of the year 2022.
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