Collections Solutions

a) Collections in Transit
Using a reputable service provider, National Bank of Kenya offers a secure transit of valuables through to and fro your premises either on an adhoc or scheduled frequency. The service available to our corporate customers includes the following solutions:

  • Cash/Cheque Collection
  • Cash Delivery

b) In-Branch Collections
This solution enables our corporate customers collect funds from their distributors or agents into one centralized account using our branch network and other automated solutions. Reconciliation of customer accounting system will be made easier through information obtained from data capture at our branches.

c) Mobile Collections
National Bank of Kenya has partnered with Mobile Network Operators to allow our corporate customers receive funds directly into their bank account from payer’s mobile money wallets. This solution is preferable for high volume, low value transactions.All the relevant depositor information is captured directly onto the customer account statement, which is then accessible via the National Bank of Kenya online banking platform. This product allows a wide geographic reach without you or us having to be everywhere.

d) Direct Debits
Direct debits are an easy and convenient solution from National Bank of Kenya that aids in collecting regular and scheduled payments from our corporate customers.By offering the much needed flexibility, our Direct Debit Solution will significantly eases the financial management process for National Bank Corporate customers..

National Bank’s Collection & Payments Experience
Besides offering the traditional banking services and products, National Bank has taken a leading role in innovating and pioneering modern systems. The Bank has been in collaboration with a number of its key customers who are key statutory bodies from the Public Sector to develop collection solutions that are customized based on requirements.