Bank of India Kenya List of Branches, contacts, working hours, swift code and paybill

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Below is a list of branches for Bank of India Kenya, their contacts, working hours and paybill number. We also provide details about swift code.

Bank of India Kenya Branches and contacts

Head Office

Branch NameNairobi
Name of the Branch HeadMr. Rambabu Balla
DesignationAsst.General Manager
Branch AddressKenyatta Avenue, PO Box-30246-00100 , Nairobi, Kenya
Mobile Number+254-722794270
Landline Number+254-20-2221416
E-mailcmnrb[at]boikenya[dot]com
Branch NameWestlands BranchBranch NameEldoret Branch
Name of the Branch HeadMr. Rakesh GargName of the Branch HeadMr. Ramarao Bongani
DesignationChief ManagerDesignationChief Manager
Branch AddressThe Oval 2nd Floor, Jalaram Road, PO Box No-14359-00800, Westlands, Nairobi, KenyaBranch AddressTarita Centre Ground Floor, Ronald Nagala Street, PO Box-2256-30100, Eldoret, Kenya
Mobile Number+254-726440499Mobile Number+254-700745748
Landline Number+254-20-2555777Landline Number+254- 758726308
E-mailcmwst[at]boikenya[dot]comE-mailcmeldoret[at]boikenya[dot]com

Bank of India Kenya working hours

Branch NameBusiness Hours
NairobiMonday to Friday – 8.45 AM to 2.00 PM
(Saturdays, Sundays & Public Holidays- Closed)
MombasaMonday to Friday – 9.00 AM to 4.00 PM
Saturday – 9.00 AM to 12.00 Noon
(Sunday & Public Holidays- Closed)
Industrial AreaMonday to Friday – 8.45 AM to 1.00 PM and
2.00 PM to 4.00 PM
(Saturdays, Sundays & Public Holidays- Closed)
WestlandsMonday to Friday – 9.30 AM to 1.30 PM and
2.30 PM to 4.15 PM
Saturday – 9.30 AM to 1.00 PM
Sunday – 9.30 AM to 12.00 Noon
(Public Holidays- Closed)
EldoretMonday to Friday – 9.00 AM to 2.00 PM and
3.00 PM to 4.00 PM
Saturday – 9.00 AM to 1.00 PM
(Sundays & Public Holidays- Closed)

Bank of India Kenya charges

General

Sl NoItem DescriptionCustomers -New Shcedule (Excl. Excise Duty @ 20 %)Others -New Shcedule (Excl. Excise Duty @ 20 %)
1CHEQUE BOOKKshs.
15/- (including stamp duty of Kshs. 2.50) per leaf
For staff only stamp duty @ Kshs. 2.50 per leaf
2WITHDRAWAL FORM/ COUNTER CHEQUES (FOR CHEQUE BOOK HOLDERS)Kshs. 50/- per Instrument (Max. withdrawal is Kshs 100,000/- per day)
3STOP PAYMENT INSTRUCTIONSKshs. 500/- per cheque
If entire cheque book is lost, Max.
Charge -Kshs. 5,000/-
4STANDING INSTRUCTIONi. At the time of acceptance-Kshs. 500/-
ii. Execution per instance – Kshs. 100/-
iii. Amendment / Stoppage – Kshs. 500/-
iv. Inability to carry SI on account of insufficient balance – Kshs. 1,000/-
5SALARY PROCESSINGKshs. 150/- per Employee
6CASH HANDLING FOR LOCAL CURRENCY (RECEIPT ONLY)Kshs. 1.00 Mn and above per day – 0.125 %
7CASH HANDLING CHARGE FOR FOREIGN CURRENCY (RECEIPTS ONLY)In USD or Equivalent
i) Up to 5,000/- – Nil
ii) Above 5,000/- up to 10,000/- – 0.125 %
iii) Above 10,000/- up to 15,000/- – 0.250 %
iv) Above 15,000/- up to 20,000/- – 0.50 %
v) Above 20,000/- – 1 %
8MINIMUM BALANCE CHARGESi. Current Aaccount (Average Monthly Balance Kshs. 25,000/-) – Charge Kshs.s. 500/-
ii. SB Accounts – No Charges
9CHANGE OF SIGNATORY INCLUDING RECONSTITUTION OF ACCOUNT (ADDITION DELETION IN JOINT NAME INCLUDING LOCKER)i. Individual – Kshs. 200/-
ii. Non-Individual – Kshs. 500/- (No charge for change of name/signatory due to death of one account holder)
10CHARGE FOR INTERNAL TRANSFER WITHOUT USING CHEQUE BOOK (FOR CHEQUE BOOK HOLDERS ONLY)Per Entry Kshs. 50/-
11ACTIVATION OF DORMANT ACCOUNTCD Account – Kshs. 200/-
12ACCOUNT CLOSURE CHARGESCD Account – Kshs. 1,500/-
13LEDGER FEE/PER ENTRY SERVICE CHARGES FOR CD ACCOUNTS ONLYPer folio – Kshs. 25/- Minimum Charge per month-Kshs. 500/- (30 entries per folio) (We do not charge for OD Accounts)
14CHEQUE RETURN (INWARD) CHARGEi. Saving Bank Account – Kshs. 500/- per cheque
ii. Current / Overdraft Account – Kshs. 1500/- per cheque
15CHEQUE RETURN (OUTWARD) CHARGEi. Saving Bank – Kshs. 100/- per cheque ii. Current / Overdraft Account – Kshs. 500/- per cheque
16BALANCE CONFIRMATION CERTIFICATE (AT THE REQUEST OF THE CUSTOMER)Kshs. 500/- per Occasion
17CERTIFICATION OF DOCUMENTKshs. 500/- per Document
18AUDIT CONFIRMATION / REPORTKshs. 1,000/- per Occasion
19PROVIDING BANKERS / CREDIT OPINION REFERANCE LETTERi. Individual – Kshs. 500/-
ii. Non-Individual – Kshs. 1,000/-
20INVESTIGATION / QUERY ON OLD RECORDS (CHEQUE, DEPOSIT & WITHDRAWAL)Per Entry
i. Up to 1 year – Kshs. 250/-
ii. Above 1 year – Kshs. 500/-
21DUPLICATE STATEMENT ISSUE CHARGESi. SB Account -Per folio Kshs. 50/-,
ii. CD Account – Per folio Kshs. 100/-
22CHARGE FOR ISSUE OF DUPLICATE TDR/ ACKNOWLEDGEMENT INCASE OF LOST TDRKshs. 500/-
23SMS ALERT CHARGESKshs. 4/- per Transaction
24ATM WITHDRAWAL CHARGESKshs. 55/- per Transaction
25I-TAX DEPOSITS (PER E-SLIP)Kshs. 250/- per Transacton
26COMMISSION ON THE RECEIPT OF HCI FEESKshs. 100/- per Receipt
27POSTAGESOn actual basisFor Non-Customers: The below or the actual, which ever is higher
i. Inland – Kshs. 100/-
ii. Overseas – Kshs. 500/-
iii. Courier (International) – Kshs. 4,000/-

Remittances

Sl NoItem DescriptionCustomers -New Shcedule (Excl. Excise Duty @ 20 %)Others -New Shcedule (Excl. Excise Duty @ 20 %)
1RTGS CHARGESi. Outward Kshs. 500/- per transaction
ii. Inward – Nil
2SWIFT (OUTWARD)Kshs. 1,500/- per transaction
3E CORP (REMITTANCE TO INDIAN BRANCHES)i. Upto Kshs. 50,000/- Kshs. 500/-
ii. Above Kshs. 50,000/- to Kshs. 100,000/- -Kshs. 1,000/-
iii. Over Kshs. 100,000/- – Kshs. 1500/- (Maximum Remittance is USD 10,000/- or equivalent)
For Non-Customers:
i. Upto Kshs. 50,000/- – Kshs. 600/-
ii. Above Kshs. 50,000/- to Kshs. 100,000/- – Kshs. 1,200/-
iii. Above Kshs. 100,000/- -Kshs. 1,800/- (Maximum Remittance is USD 5,000.00 or equivalent)
4INWARD FOREIGN SWIFT/TELEGRAPHIC TRANSFERFor USD TT – USD 10/-
For GBP TT – GBP 5/-
Or equivalent to USD 10.00 in other Currencies
5EFT (IRRESPECTIVE OF AMOUNT)i. Through Standing Instructions – Kshs. 100/-&
ii. Others – Kshs. 200/-
6DEMAND DRAFTi. Upto Kshs. 100,000/- – Kshs. 250/-
ii. Over Kshs. 100,000/- upto Kshs. 1.00 Mn – Kshs. 500/-
iii. Above Kshs. 1.00 Mn – Kshs. 1,000/- per Mn or part thereof (50% additional over applicable rates in case of issuannce against Cash Deposit) plus applicable SWIFT charges for Foreign Currency DD.
For Non-Customer:
100 % additional of the Charge as applicable to Customer plus applicable SWIFT charges, if any. (Higher limit is USD 10,000/- or equivalent)
7BANKERS CHEQUEi. Upto Kshs. 100,000/- – Kshs. 250/-
ii. Over Kshs. 100,000/- upto Kshs. 1.00 Mn – Kshs. 500/-
iii. Above Kshs. 1.00 Mn – Kshs. 1,000/- per Mn or part thereof (50% additional over applicable rates in case of issuannce against Cash Deposit)
For Non-Customer:
100 % additional of the Charge as applicable to Customer (Higher limit is USD 10,000/- or equivalent)
8ISSUANCE OF DUPLICATE DD/ BANKER’S CHEQUEKshs. 250/- per InstrumentFor Non-Customer: Kshs. 500/- per Instrument
9CANCELLATION OF DD/ BANKERS CHEQUEKshs. 250/- per InstrumentFor Non-Customer: Kshs. 500/- per Instrument

Bills

Sl NoItem DescriptionCustomers -New Shcedule (Excl. Excise Duty @ 20 %)Others -New Shcedule (Excl. Excise Duty @ 20 %)
1FOREIGN CHEQUE/ DDS/ BILLS FOR COLLECTION (OUTWARD BILLS FOR COLLECTION)i. 0.25 % Minimum Kshs. 500/-
ii. If Bill is of more than Kshs. 500,000/-, then it is 0.20% (plus Swift Charges as applicable per message & Postage Charge Kshs. 250/- or actual, whichever is higher)
2INWARD BILLS FOR COLLECTION0.25 % of the bill amount Minimum Kshs. 500/- (plus Swift Charges as applicable per message & Postage Charges of Kshs. 250/- or actual, whichever is higher )
3HANDLING CHARGE FOR OVERDUE BILLS NOTE: SIGHT BILL OVERDUE AFTER 25 DAYS FROM PRESENTATION USANCE BILL AFTER DUE DATEKshs. 350/- per bill per month (Fraction of a month to be to be taken as full month)
4AVAILISATION OF DOCUMENT0.25 % per quarter or part thereof

Import Letter of Credit

Sl NoItem DescriptionCustomers -New Shcedule (Excl. Excise Duty @ 20 %)Others -New Shcedule (Excl. Excise Duty @ 20 %)
1COMMITMENT CHARGES0.35 % Per Quarter or part there of Minimum Kshs. 1,000/- (commitment) plus applicable Swift charges per message (For full validity of the credit i.e. from the date of opening of the LC to the last date of its validity) plus USANCE Charges
Notes: 1. If fully secured by 100% cash margin in form of FDR or balance in current account applicable charges will be 50% of the normal charges 2.These charges are to recovered upfront i.e. at the time of opening of LC
2USANCE CHARGESi. Upto 10 days sight – 0.35 %
ii. Over 10 days and upto 3 month’s sight – 0.70 %
iii. Over 3 months’ sight – 0.70 % up to three months and 0.17% per month in excess of three months
Notes:
1. If fully secured by 100% cash margin in form of FDR or balance in current account applicable charges will be 50% of the normal charges
2.These charges are to recovered upfront i.e. at the time of opening of LC
3IF ANY EXTENSION OF THE VALIDITY OF LC FALLS WITHIN A THREE MONTH PERIOD FOR WHICH COMMITMENT CHARGE HAVE BEEN COLLECTEDKshs. 1,000/- plus applicable swift charges per message
4Kshs. 1,000/- plus applicable swift charges per messageFresh commitment Charge at the applicable rate per Quarter or part thereof Minimum Kshs. 1,000/- on the outstanding liability under LC
5FOR ENHANCEMENT OF THE VALUE OF LCi. Kshs. 1,000/-per amendment for extending validity period beyond 3 months
ii. Fresh Commitment charge, Minimum Kshs. 1,000/- for enhancement of value of LC
iii. Both commitment and Usance Charge for additional liability
6IN CASE OF AMENDMENT ALTERING THE TENOR OF THE BILL OF EXCHANGEAs above
7ANY AMENDMENT TO A LC, OTHER THAN EXTENSION OF ITS VALIDITY OR ENHANCEMENT OF ITS VALUEKshs. 1,000/- per amendment
8ANY REVIVAL OR REINSTATEMENT OF AN EXPIRED LC (SHALL BE AT THE OPTION OF THE BRANCH) WITHIN 3 MONTHS FROM THE DATE OF EXPIRYAdditional commitment and usance Charge shall be levied from the date of expiry till the validity period of revived LC
9DEVOLVEMENT/PAYMENT/ CRYSTALLIZATION OF IMPORT BILLS UNDER LETTER OF CREDIT0.25% plus applicable swift Charges Per message
10DISCREPANCY CHARGESUSD 25/- or equivalent per presentation
11CANCELLATION CHARGESKshs. 2,000/-

Bank of India Kenya Swift Code

Swift Code: BKIDKENA

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