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International Payments & Foreign Exchange

Cross-border payments and FX services for institutions receiving or paying funds internationally and within the region.

Key Features

  • SWIFT, EAPS and RTGS payments
  • FX conversion, forwards and competitive rates
  • Intercountry cash services (Uganda, Rwanda, Tanzania and South Sudan)

Benefits

  • Fast, secure cross-border transfers
  • Managed currency exposure

Requirements

  • Active Equity account
  • KYC documentation – certificate of registration/incorporation or establishing Act/Gazette notice, KRA PIN, and IDs/KRA PINs of signatories
  • Payment instruction and supporting documents
  • Charges

    • SWIFT outgoing: KES 1,500 or equivalent
    • SWIFT incoming: KES 600 or equivalent
    • EAPS outgoing: KES 500; incoming: Free
    • RTGS outgoing: KES 500; incoming: Free
  • Potential Risks

    • Exchange-rate movements
    • Compliance-related payment delays
  • Transaction Process

    • Instruction
    • Compliance checks
    • FX booking
    • Processing
    • Confirmation

We would like to call you back regarding this product.


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