Co-op Bank Kenya News Archives - Page 6 of 6

The festive season is almost coming to an end and during this time parents begin to think about how their children will resume their studies in the various schools that they are studying in.

One of the things that worry parents most is how they will pay their children’s school fees since most banking halls usually have long queues and you might have to wait for hours to access the teller.

While waiting in the line, you can get really frustrated and sometimes some people decide to go back home so that they can come early the next day only to find a longer queue.

But this does not have to be the case because you can pay school fees at the comfort of your home and this is where Co-operative Bank comes in.

There are 4 different ways that you can use to pay your fees and that is; the MCo-op Cash app, M-Pesa Pay Bill, Co-op PesaLink or at a Co-op Kwa Jirani agent.

To pay your fees through the MCo-op Cash app follow these steps:

Log in to MCo-op Cash
Select Other Payments
Select School Fees
Enter school code/business number; click here to confirm your school’s coordinates
Enter account to pay from
Enter student number
Confirm transaction
Receive SMS confirming that the transaction was successful

(You can also dial #667 on your phone and follow the same steps)

To pay your fees through M-Pesa PayBill follow these steps:

Go to Lipa na M-Pesa (PayBill)
Enter Business Code 400222
Enter Account Number as School Code followed by # followed by the student number, for example, 1059#123456789
(NB: Click here to confirm your school’s coordinates)
Enter amount
Enter M-Pesa PIN
Confirm transaction
Receive SMS confirming that the transaction was successful

To pay your fees through a Co-op Kwa Jirani Agent, simply walk to the nearest one and give them the details of the student and name of the school and the money and you will get a receipt.

To pay your fees through Co-op Internet Banking (Co-opNet) follow these steps:

Log in to Co-op Internet Banking
Select ‘Bank Transfer’
Enter the required details for the school’s account
Confirm the transfer
Print out your receipt once the payment goes through

For more information, you can visit C0-op Bank’s website and ask them any questions that you may have through their Twitter. #WeAreYou

Have you ever found yourself in a situation where you want to send money to a loved one who perhaps is studying abroad but you have no clue how to go about it?

Or have you ever wondered how that relative who is working in in a foreign country can bail you out when you are in a tight fix?

Co-operative Bank CEO/Managing Director Gideon Muriuki.

Well, if you’ve found yourself in a similar situation before you know that the options at your disposal are either few or very expensive.

And this is where Co-operative Bank comes in. The bank understands the problems of its customers and this is evidenced by their tagline which says ‘we are you’.

Co-op Bank has partnered with MoneyGram to enable you to send and receive money from any part of the world. What’s even more is that you can also use the service locally through the 140 plus Co-op Bank branches.

I know you must be wondering how to go about it, it’s simple. To receive money, ask the person who is sending you money to send you the reference number of the transaction.

You will then visit the nearest Co-op Bank branch with the reference number and your ID or passport and in a matter of minutes you will have your cash.

Of importance to note is that, your name on the transfer record must exactly match your name as it appears on your ID. Otherwise you may be delayed or be unable to pick up your funds.

To send money through the service, visit the nearest Co-op Bank branch with your national ID or passport. The teller will then inform you of the cost of the transaction and process it.

You’ll get a receipt and reference number for the transaction. You will then contact the person receiving your money transfer and inform them that it has been sent and provide the reference number.

There you have it! Does it get easier than that? If you have any queries, visit the nearest Co-operative Bank branch.

Co-op Bank Headquarters.

Tag: Co-op Bank Kenya News

Back to school! 4 clever ways to avoid long banking hall queues while paying fees

Sending and receiving money from abroad is way easier than you thought, here’s why