National Bank Agents

A National Bank Agent is an entity that has been contracted by the bank and approved by the CBK to provide bank services on behalf of the bank. The location where an agent operates is referred to as an outlet

Before recruitment of an agent, an assessment should be made on suitability of the agent to be on boarded.

Find a NBK Bank Agent near you

How to become an Agent

Who can be an agent?

  • Sole proprietorships
  • Limited Liability companies
  • Partnerships
  • Societies
  • Cooperative societies
  • State corporations
  • Trusts
  • Public entities through consent from regulatory body

What are the requirements to become an Agent?

In order to qualify to become a National Bank Agent, the applicant should have been carrying out legal and a registered business for the last 18months and should be financially stable; in addition, the applicant’s CRB records for the past 18 months should be favorable.

Below is a list of documents required when applying to be an Agent:

  • National IDs
  • KRA pins of the directors
  • Valid Certificate of good conduct
  • Latest Bank statement of 18 months/ CRB report
  • Two passport size photos of the directors/owners of the business
  • Photo of the business premises.
  • Valid business license or permit
  • Must have been in operations for the last 18months and operating a legal business.
  • Certificate of incorporation/Certificate of registration
  • Memorandum and Articles of Association for a company

The applicable fees to facilitate approval are:

  • POS Lease fees -shs.6,000
  • Minimum Float requirement Kes. 20,000 Maximum Kes 100,000

 

Forex
  • USD: Buying: 104.50 , Selling: 120.15
  • EURO: Buying: 123.95 , Selling: 141.15
  • Sterling Pound: Buying: 139.15 , Selling: 157.20
  • Canadian Dollar: Buying: 78.78 , Selling: 90.88
  • Australian Dollar: Buying: 75.22 , Selling: 87.50
  • Swiss Franc: Buying: 113.97 , Selling: 128.51
  • Japanese Yen: Buying: 0.9446 , Selling: 1.1064
  • Swedish Kroner: Buying: 10.379 , Selling: 15.780
  • Norwegian Kroner: Buying: 10.840 , Selling: 14.290
  • Danish Kroner: Buying: 16.820 , Selling: 18.880
  • Indian Rupee: Buying: 1.4430 , Selling: 1.6585
  • Tanzanian Shillings: Buying: 0.04287 , Selling: 0.05325
  • Uganda Shillings: Buying: 0.02506 , Selling: 0.03526
  • SA Rand: Buying: 5.5145 , Selling: 9.1495
  • Chinese Yuan: Buying: 13.6248 , Selling: 15.685
  • UAE Dirham: Buying: 28.284 , Selling: 32.40
Agents