Mco-opcash Charges

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Below are Mco-opcash charges as per Cooperative bank Kenya.

Mco-opcash Limits and Tariffs

  1. Mco-opcash Limits
    Amount
  Limits (Kes)
  Transactional Minimum 10
  Mco-opcash Transactional Maximum 70,000
  Mco-opcash Daily Limit (Does not include Pesalink and mVisa) 200,000
  Pesalink Send Daily and Transactional Maximum 200,000
  Pesalink Receive Daily and Transactional Maximum 999,999
  mVisa Merchant Payment 450,000
  mVisa funds transfer 200,000
  mVisa Agent Withdrawal 100,000


mVisa & Airtime Purchase

mVisa Transaction   Charges( Kes)
     
Deposit at an mVisa Agent   Free
     
Withdrawal from an mVisa   Existing
Agent   Agency fees
Merchant payments   Free
     
Send or receive money   Free

 

Airtime Value Charges ( Kes)
   
10-100 10
   
101-500 20
   
501-1,000 30
   
1001-2,000 40
2001-10,000 50
   


Pesalink & e-credit Loans

  Pesalink     Fee  
      (Kes)  
             
10-500       0  
501 – 10,000   42  
10,001 50,000   62  
50,001 70,000   82  
70,001 100,000   82  
100,001 – 200,000   112  

 

 

  Rate
Loans (CBR+4%)
1 Month Flexi 1.166%
3 Month Flexi 3.498%
Business Loan 1.166%
Insurance on 3 Month Loan 0.102%

Additional details

  1. Explain to people about the MCO-OP cash, what it is and how it works?
    MCo-op Cash is a mobile banking service which enables you to access a variety of banking, money transfer and payment services.
  • All you need is an ID card and a registered mobile phone number, it doesn’t matter which mobile phone network you are on. You may register for the service by dialing *667# or go to https://mobile.co-opbank.co.ke and select ‘Self registration.’ Follow the menu and receive an SMS confirming registration.
  1. Where can I withdraw and deposit Money?
  • Your Co-op Kwa Jirani Agent near you
  • From the ATM using your Debit card
  • Through your Mco-op cash mobile access through *667# or through the Mco-op cash App
  1. Where can I check my bank balance?
  • Your Co-op Kwa Jirani Agent near you
  • From the ATM using your Debit card
  • Through your Mco-op cash mobile access through *667# or through the Mco-op cash App
  1. What can I do if I have forgotten my Mco-op cash PIN?
  • Walk to your nearest branch to have your PIN reset.
  1. How can I contact my nearest branch?
  • Branch contacts for the branch near you can be found on the Co-operative bank website
  1. Mco-op cash blocked Accounts?
  • Mco-op cash blocked Accounts If for any reason you find that your M-co-op Cash account is blocked, visit your nearest branch and receive assistance on unblocking.
  1. What do I do when *667# is not working?
  • You can access the service by downloading the App Mco-op Cash from your App Store
  1. What if I send money to the wrong number?
  • Call the Co-op Bank contact center immediately and they will assist in reversing the transaction before the money is withdrawn.