Home
Blog
How To Open And Operate An M-Benki Account With KCB

How To Open And Operate An M-Benki Account With KCB

August 1, 2023 1:55 pm

Ekai Kaoo

0 comments

Kenya Commercial Bank has taken a step further to bring their banking services in Kenya to your doorstep with their new mobile banking service dubbed M – Benki. M-Benki is the new service, launched on Tuesday, which will enable you to open a bank account from your mobile phone in Kenya. You just have to be at least 18 years and an active Safaricom subscriber.

To subscribe to this service, enter 522522 as the Paybill Number under Payment Services on Mpesa, then enter your ID number as the Account Number. You then deposit any amount followed by your Mpesa PIN. You will then receive your M – Benki Account Number together with a Mobi Pin via SMS from KCB, once your details are verified, and you are good to go.

You will now be able to access other services already enjoyed by others who have been using the Mobi Banking Service in Kenya. These services include: transferring money from your Mobi account to Mpesa and vice versa, sending money to any other KCB account or that of any other bank, checking your account balance and even purchasing airtime directly from your Mobi Account in Kenya. This you will do by dialing *522# and following the prompts depending on what you want to do.

Charges vary from Ksh. 20 to Ksh. 175 from transfer of funds ranging between Ksh.100 and Ksh. 50,000 from the Mobi account to Mpesa Account in Kenya. The beauty of this service is that you never have to physically visit a bank to subscribe to and enjoy it, you will however have to in case you would like additional services such as cheque deposits and over the counter withdrawal, and to exceed the daily transaction amount of Ksh. 140,000.

M – Benki in Kenya is particularly beneficial to people who are always on the go and those who cannot easily access a KCB branch in Kenya. It is the latest initiative by the bank to attract more of the unbanked population and is expected to also benefit people with small businesses, and reduce usual time spent on opening accounts and using other banking services in Kenya.

About the Author

Ekai Kaoo

Follow me

Emerging from the athletic heartland of Rift Valley, Eka Kaoo was destined to have a relationship with sports. However, instead of lacing up running shoes, Eka picked up a pen, weaving narratives around the athletes who brought pride to Kenya.

Growing up, Eka was deeply inspired by the marathoners and middle-distance runners from his region, often finding himself amidst training camps and local races, absorbing stories of dedication, sweat, and sheer willpower.

Eka pursued his passion academically at a renowned university in Kenya, specializing in Sports Journalism. This formal education, combined with his intrinsic understanding of the Kenyan sporting ethos, allowed him to produce articles that resonated deeply with readers. His pieces, rich with local anecdotes and broad insights, began to get attention both within the university and in the national press.

Upon graduation, Eka became a sought-after name in sports journalism. His writings, spanning across various sports but with a soft corner for track and field, offered a fresh perspective, blending personal athlete stories with technical analyses.

Eka Kaoo's articles soon began appearing in international sports magazines and journals, elevating him to the status of an ambassador for Kenyan sports on the global stage. He covered major events like the Olympics and the World Championships, consistently providing readers with unique, Kenya-centric viewpoints.

Beyond his journalistic endeavors, Eka has been instrumental in organizing grassroots sports events in Kenya, aiming to unearth hidden talents and provide them with a platform to shine.

Today, as one of the leading voices in sports journalism in Africa, Eka Kaoo continues to champion the stories of athletes, always reminding the world of the heart, soul, and spirit of Kenyan sports.