Pay as you go Business
This account is designed for businesses with large daily transactions, it offers no monthly ledger fees for all its features.
Features:
- Personal current account
- A debit card as per bank’s tariff.
- Transaction charge of Kshs 35 from any BOA ATM.
- Over the counter fee of Kshs 100.
Benefits:
- No monthly ledger fees
- Access to mobile banking (B-Mobile) as per bank’s tariff
- Access to online banking (B-Web)
- Free E-statement on request
Requirements:
- Passport size photo
- Copy of ID
- PIN certificate
Frequently Asked Questions
Who can open a Pay as you Go – Business account?
This account can be opened by sole traders or sole proprietorships.
How much does it cost to open a Pay as you Go – Business account?
Minimum opening balance for this account is Kshs. 500.
What is the minimum operating balance for this account?
The account has no minimum operating balance.
How much is ledger fees?
This account has no ledger fees. Normal ATM fees apply.
Do I get an ATM Debit card when I open a Pay as you Go – Business account?
Yes, the account allows you to apply for an ATM Debit card.
Do I get a Cheque book when I open a Pay as you Go – Business account?
No the account is not allowed to transact using a Cheque book.