Kiwa Account

A transactional account for groups/ chamaas/ merry go round


  • Opening balance zero
  • Operating balance zero
  • Attractive interest rates per annum
  • No cash deposit or cheque handling charges
  • No limit to the number or amount of withdrawals
  • Account accessible at any branch
  • Free online statements and 1 free hard copy every month


  • Certificate of registration and minutes certified by the department of social services, board or committee resolution
  • Letter from the group specifying the account signatories and the account operating mandate (for groups)
  • Statutory identification of account holders/passport certified as true copy of the original for authorised signatories (Chairman, Treasurer and Secretary)
  • Two passport size photographs for all the group officials (can be done at the branch for a fee of sh.100 per official)
  • PIN certificates for authorised signatories i.e. the group officials
  • Latest utility bills/ group constitution (KYC requirement)
  • Signature card signed in the presence of the Bank official opening the account.