Below are important details you need to know about Middle East Bank Kenya;
Middle East Bank List of Accounts
Current Account
Enjoy more freedom with our current account ….
Are you in search of a bank where you can enjoy FREE internal transfers with ZERO over the counter withdrawals charges? well, you are in the right place.
Enjoy a bundle of Free services on your current account like :
- FREE over the counter withdrawals
- FREE Daily or weekly E-statements
- FREE Access to the Banks Internet banking portal
- FREE transaction alerts on email and your phone.
- Nil commission on purchase or sale of foreign currency.
- Enjoy FREE monthly electronic statements
- FREE Over the counter withdrawals
- FREE Internal transfers
- Enjoy prompt notification on any incoming funds into your account.
- Set up your Salary payments COST FREE
Other features include,
- A dedicated relationship manager to help you grow your business and support your needs.
- Cheque book availability
- Minimum opening balance Kes 10000 or FCY 100
- Ledger fees of Kes 30 per transaction, minimum being Kes 500 or it’s equivalent.
- Open account in Kes or foreign currency( ie Euro/GBP/USD).
MEB Young Savers Account
Below are the features of the account;
- Account for Children below age 18
- An account may be in Ksh or USD
- Opening Balance Kes 200
- Interest bearing account – 4.5%
- Free Bankers Cheque for school fees every term.
- Prompt mobile notification on every account transaction.
- Free monthly statement. May also access statements through Internet Banking
- No Ledger fees
- No charges on withdrawals – limited to one withdrawal per quarter.
- Interest paid on a quarterly basis, calculated on minimum monthly balance.
- Free internal transfers from MEB to MEB account
Safe Deposit Lockers
Need to secure your valuables?
Enjoy safe deposit lockers at our Mombasa and Milimani branches.
The deposit is interest Free and is retained over period for which the locker is maintained.
MEB Invest Account
Benefits
- Offering leeway to open an account in Kes & FCY(EURO, GBP, USD)
- Jumpstart your investments with our minimum balance of Kes 1,000 on Kes account or FCy 100 on foreign accounts.
- Take advantage of the accounts’ interest-bearing capabilities.
- Enjoy the ease of access to your account through cheque book, ATM Card, Mobile Banking & Internet.
- Stay in the loop with prompt mobile notification on every account transaction.
- Designated a business account manager to cater to your banking requirements.
- Access to your statements through our internet Banking & Mobile banking platform.
- Cash handling fees waived for amounts below Kes: 1,000,000/-
- Cheque book facility available.
- Free internal Transfers.
- NO Ledger fees
- Minimum Balance fee of Kes: 150/- or its equivalent on foreign accounts.
- Nil commission on purchase or sale of foreign currency.
- Free monthly statement.
- Enjoy Interest on a quarterly basis.
- Calculated on minimum monthly balance.
Fixed Deposits
A deposit account encourages you to save up for rainy days.
Benefits
- Enjoy Competitive interest rates
- Enjoy the services of a dedicated Relationship Manager
- Enjoy flexible saving terms from 1 month to 1 year
Features
- Minimum opening deposit of Kes. 50,000; FCY 500.00
- Flexible options for making additional deposits or early uplifts with no penalty on principal.
- Call and Fixed deposit receipts will be issued and delivered according to your specifications;
- Applicable interest rates are negotiable and reviewed on a regular basis to ensure maximum returns in line with the market developments
- Dedicated Relationship Manager
Middle East Bank Kenya Branches and Codes
Bank name: Middle East Bank Kenya Limited
Bank code: 18
| Middle East Bank Branch Code | Middle East Bank Branch Name |
| 005 | Eldoret |
| 000 | Head Office |
| 004 | Industrial Area |
| 003 | Milimani |
| 002 | Mombasa |
| 001 | Nairobi |
Eldoret Branch contact
Tel:+254 111183000, Email: EldoretBranch@mebkenya.com
Industrial Area Branch Contact
Tel:+254 111183000, Email: IndustrialAreaBranch@mebkenya.com
Nkurumah Branch, Mombasa
Tel:+254 111183000, Email: MombasaBranch@mebkenya.com
Milimani Branch
Tel:+254 111183000, Email: MilimaniBranch@mebkenya.com
Middle East Bank Head Office Contacts
Middle East Bank Kenya, Head Office. Main address:Milimani Road P.O Box 47387- 00100, Nairobi, Kenya Tel: +254 111 183000, Email:ho@mebkenya.com.
Middle East Bank Loans
- Working Capital – the Bank supports business operations in various modes such as trade, Overdraft, working capital Loan, Stock Finance Loans, Invoice/ Bill/Cheque discounting, Bank Guarantee and Letters of Credit
- Term Loans – the Bank grants Term Loans to meet specific requirements such as purchase of property, business expansion etc.
- Asset Based Finance (ABF) – the Bank assists in purchasing assets such as Equipment, Motor Vehicle etc.
- Agribusiness Financing – the Bank supports various agricultural and agribusiness activities in various areas such as tea industry, maize & wheat farming, dairy farming etc.
MEB offers financial support for your personal or corporate use. We cover all your needs from agribusiness , trade services , projects to working capital.
Middle East Bank does support various agricultural and agribusiness activities in a variety of areas such as:
1. Tea Industry
2. Cereals- maize and wheat farming
3. and dairy to name a few
4. Trade finance services
5. Does your business require local bonds? We can process your bid bonds and performance bonds within 2 hours.
