When you are an agent of Cooperative Bank, you earn your money through commissions. The commissions range between Ksh20 and Ksh120 per transaction depending on the amount of money one is transacting.
The tables below show the amount of money cooperative bank agents earn from transactions made by the bank’s clients:
Cooperative Bank Agent (Co-op Kwa Jirani) Withdrawals Commission
|Amount in Ksh|| Charges||Agent Commission|
|50 – 2,000||50||20|
Cooperative Bank Agent (Co-op Kwa Jirani) Deposits Commission
|Amount in Ksh||Charges||Agent Commission|
|30,000 AND ABOVE||FREE||30|
|UTILITY (WATER & KPLC)||50||25|
Equity and Cooperative Bank are among the banks with the best agent commissions. It’s advisable that when running this kind of business, integrate with MPESA so as to boost your income.
If your business is strategically located, especially in Nairobi, you can earn upwards of Ksh90,000 per month.