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Group 227

Active member fee

You should not pay anything for members not doing any transactions – so we only charge for members who has transacted with the Saccos within a month. This fee is paid by the IFG and deducted from a top-up account.

Group 228-1

Transaction fees

Direct Fee

Direct fee is a nominal charge that the member will pay for each transaction made to the SACCO (using mobile money, bank transfer, or cash).

Min Max Fee
1 49 3
50 99 4
100 249 7
250 499 10
500 999 15
1000 1499 20
1500 2499 30
2500 3499 40
3500 4999 50
5000 7499 60
7500 9999 70
10000 14999 90
15000 19999 100
20000 Max 120

 

Indirect Fee

Indirect fee is a nominal charge that the SACCO will collect for each transaction made to the member (using mobile money, bank transfer, or cash).

Min Max Fee
1 49 3
50 99 4
100 499 6
500 999 15
1000 1499 20
1500 2499 30
2500 3499 40
3500 4999 50
5000 7499 70
7500 9999 100
10000 14999 120
15000 19999 150
20000 24999 200
25000 29999 225
30000 34999 250
35000 39999 275
40000 44999 300
45000 49999 325
50000 69999 350
70000 Max 350

 

All prices mentioned above are inclusive of taxes and quoted in Kenyan Shillings. In case of transactions made through mobile wallets, a separate fee will be applied by the Mobile Network Operators (MNOs).