Below is a list of branches for ABC Bank Kenya, Loans and accounts:

ABC Bank Kenya List of Branches and Contacts

Westlands Branch, Nairobi

ABC Bank House P. O. Box 38610 – 00800, Nairobi. Tel: +254 (20) 4447352, 4447353, 4442401, 4442382Mobile: +254 719-015000 Email: westlands@abcthebank.com

Mombasa Branch

Shariff Nasser Investment Building, Moi Avenue P. O. Box 88827 – 80100, Mombasa. Tel: +254 (41) 2220428, 2226890, 2222976Mobile: +254 721-971623,+254 734-866554 Email: mombasa@abcthebank.com

Koinange Street Branch, Nairobi

College House, Koinange Street P. O. Box 30359 – 00100, Nairobi. Tel: +254 (20) 2251540, 2251541, 2223922Mobile: +254 722-205570, +254 733-333104 Email: koinangestreet@abcthebank.com

Eldoret Branch

Zul Arcade, Oginga Odinga Road, P. O. Box 2558 – 30100, Eldoret. Tel: +254 (53) 2031152, 2031154/69Mobile: +254 722-207389 Email: eldoret@abcthebank.com

Libra House Branch, Nairobi

Libra House, Mombasa Road P. O. Box 17760 – 00500 Nairobi. Tel: 0728 600116, 0737 700116Email: librahouse@abcthebank.com

Kisumu Branch

Reliance House, Oginga Odinga Road P. O. Box 2931 – 40100, Kisumu. Tel: +254 (57) 202 3692, 2022143Mobile: +254 722-207388, +254 735-333017 Email: kisumu@abcthebank.com

Industrial Area Branch, Nairobi

ABC Bank Building, Dar es Salaam Rd. P. O. Box 18053 – 00500, Nairobi. Tel: +254 (20) 351844, 558744, 652087Mobile: +254 722-207387, +254 735-611224 Email: industrialarea@abcthebank.com

Nakuru Branch

Dimu House, Kenyatta Avenue P. O. Box 13845 – 20100, Nakuru. Mobile: +254 728-600117 Email: nakuru@abcthebank.com

Thika Road Mall Branch, Nairobi

Thika Road P. O. Box 38867-00100, Nairobi. Tel: 0733 464 698 / 0701 658 504 Email: trm@abcthebank.com

Meru Branch

Moi Avenue P. O. Box 3100, 60200, Meru. Tel: +254 (64) 31108/9Mobile: +254 722-207390, +254 735-333021 Email: meru@abcthebank.com

Green House Mall Branch, Nairobi

Ngong Road P.O BOX 38868-00100, Nairobi Tel: 0701 658457 Email: greenhouse@abcthebank.com

Nairobi

• Westlands Branch – ABC Bank House, Woodvale Groove
• Koinange Branch – College House, Koinange Street
• Industrial Area Branch – ABC Bank Building, Dar es Salaam Road
• Libra Branch – Libra House, Mombasa Road
• Thika Road Mall Branch – Thika Road Mall, Thika Road
• Green House Branch – Green House Mall, Ngong Road

Other towns

• Meru Branch – Meru,
• Nakuru Branch – Dimu House, Kenyatta Avenue
• Mombasa Branch – Sharrif Nasser Investment Building, Moi Avenue
• Kisumu Branch – Jubilee House, Oginga Odinga Road
• Eldoret Branch – Zul Arcade, Oginga Odinga Road

Working Hours

Weekdays: 8:30 am – 5:00 pm

Saturdays: 9:00 am – 1:00 pm

Savings & Investment Accounts

Youngstar Account

Why should I open a savings account for my child?

It’s never too early for your child to learn the ropes of financial management. A Youngstar Account is especially tailored to the needs of your child. With only Kes 1,000, open a savings account for your child today to start building for a better tomorrow. Grow them into a saving culture with the best interest earning savings account for your child.

Below are the reasons to open a Youngstar savings account today.

Features

1. Opening & Minimum balance of Kes 1,000
2. Free deposits to the the account
3. Free standing orders from any ABC Bank account
4. Account available in USD, GBP and EUR
5. One free withdrawal per month

Benefits

1. One free banker’s cheque per quarter
2. Competitive interest earned
3. Free internal transfers within the ABC Bank branch network
4. Insurance services through ABC Insurance
5. Free e-statements

Pure Savers Account

Why should I open a Pure Savers Account?

Open a savings account that will make your saving journey easier. Whether you are saving for school fees, a house, a car, your dream holiday, or just a rainy day, enjoy saving while earning high interest on your savings. At ABC, we are with you all the way.

What makes the Pure Savers Account a unique savings account?

Features

1. Opening & Minimum Balance of Kes. 5,000
2. No cheque book/MasterCard debit card issued
3. One free withdrawal per month, second withdrawal incurs over the counter withdrawals charges and customer forfeits interest for that month
4. Account available in USD, GBP, KES and EUR

Target Account

Looking for a savings account to help you save towards your goal?

ABC Target Account offers you the perfect avenue to save towards your goals. Earn interest while saving, whether you are dreaming of the best education for yourself or your child, buying a car, taking a holiday, raising a deposit for a house or saving for emergencies, our Target Account will make your dreams a reality. Let’s ensure that you activate the cardinal rule of managing money – Reward yourself by paying yourself first.

Here’s why the Target Savings Account is your best bet on savings.

Features

1. Opening balance of Kes. 1,000
2. Minimum monthly instalments of Kes 1,000 per month
3. No bank charges
4. Flexible saving duration from six months to ten years
5. No MasterCard debit card/Cheque book issued
6. Account also available in Kes, USD, GBP and EUR

Benefits

1. Competitive interest earned
2. Guaranteed returns

ABC Fixed Deposit Account

Looking for a risk-free, safe & secure way to save?

In these unprecedented times, it’s important to secure your future with a fixed deposit account that will offer you competitive interest rates and guaranteed returns.

The ABC Fixed Deposit account will offer you:

1. Competitive and negotiable rates of up to 8% p.a.
2. Security of your funds and guaranteed returns
3. Flexible terms of 1, 3, 6, 9 or 12 months
4. More competitive rates than savings accounts
5. Available in both local and foreign currency
6. Can be used as a collateral when accessing loans
7. Zero charges for a fixed deposit account
8. Free account statements

Personal Current Accounts

Chequing Plus Account

Discover an affordable personal current account that gives you unlimited access to your account via a cheque book, MasterCard debit card and access to Internet banking to enable you carry out all your transactions with ease.

Features 

1. Opening balance of Kes. 2000
2. MasterCard debit card issued on the account
3. Cheque book available
4. Account maintenance fee of Kes 100 for balances below Kes 100,000
5. No ledger fees levied on the first 8 withdrawals per month; thereafter, Kes 30 per transaction charged
6. Sweep facility available – excess funds are transferred to a flexi fixed account

Uwezo Account

Do you transact frequently and are looking for an affordable account?

Well then, open the ABC Uwezo Account, a cost effective account, that allows you to carry out your day to day business, hassle free via a debit card and cheque book. We understand that you have unique needs, so we offer solutions that address your specific requirements.

Here are the unique features of the Uwezo personal account for your unique needs.

Features

• Opening balance Kes. 2,000
  • Account maintenance fee of Kes. 100 for balances below Kes. 100,000
  • Cheque book available
  • Overdraft facilities available (conditions apply)
  • MasterCard debit card available
  • Account also available in USD, GBP and EUR

Taiseer Account

Looking for a cost effective account if you transact a lot?

The ABC Bank Taiseer Account is a cost effective account that allows you to carry out your day to day transactions hassle free via your debit card & cheque book.

Features

• Opening and minimum balance Ksh. 1,000
• Account maintenance fee of Kshs. 50 for balances below Kshs. 50,000
• Cheque book available
• MasterCard debit card available
• Account available in USD, GBP and EUR.
• No ledger fees levied on the first 8 withdrawals per month; thereafter, Kes 30 per transaction charged

Taiseer Corporate Scheme- Features

• No opening balance
• Minimum balance of Kes. 100
• Ledger fees at Kes. 30 per entry
• Account maintenance fee of Kshs. 50 for balances below Kshs. 50,000
• Cheque book available
• MasterCard debit card available
• Free salary processing

Chama Account

Wondering how to take your Chama to the next level?

Unity is strength. Inject a new burst of energy into your investment group with a financial plan full of benefits, and tailored for your growth. Enjoy zero charges and access lending facilities by opening a Chama account.

In addition to zero charges, here are more reasons to open a Chama account.

Features

1. Opening and Minimum balance of Kes 1000
2. No account maintenance charges
3. No ledger fees
4. Account also available in USD, GBP & EUR
5. Access to lending facilities * (temporary overdrafts and term loans)
6. Cheque book facility available

ABC Bank Paybill Number

M-Pesa pay bill – this is a service that gives our clients the flexibility to receive payments from their customers directly into their bank account via M-pesa. Through this facility, an SME or Corporate client can receive multiple payments through M-Pesa directly in their account held in the bank. Customers can also deposit money into their ABC bank accounts using the paybill number 111777

Corporate Accounts

Current Account

Features
• Nil opening and minimum balance
• Bulk Cash handling charges of 0.25% for amounts above 500,000
• Ledger fees- Kes 30 per entry
• Account maintenance fee of Kes 500

Collection Account

Organizations and institutions can access a range of products and services to support them in efficiently initiating and receiving payments.

Features
• No minimum or opening balance
• Monthly maintenance fee of Kes 500
• No transactional charges

Account type II– Free Basic education- Operations Account (Current account and deposit (savings) account)

Features

1. No minimum account opening balance
2. Minimum account operating balance of Kes 1,000
3. Inward and outward transfers are charged Kes 100 per transaction
4. No monthly charges
5. No ledger fees
6. No transactional charges
7. Cheque books available at Kes 8 per leaf*
8. No account maintenance fees
9. Cash & Cheque withdrawals allowed
10. Cash & Cheque deposits allowed
11. Bankers cheques are restricted

Current Account

Features
• Nil opening and minimum balance
• Bulk Cash handling charges of 0.25% for amounts above 500,000
• Ledger fees- Kes 30 per entry
• Account maintenance fee of Kes 500

Designed for public schools under the free primary education scheme. Schools must open two types of accounts; Tuition Account and Operations Accounts.

Account type I – Free Basic education- Tuition Account (current account)

Features

1. No minimum account opening balance
2. Minimum account operating balance of Kes 1,000
3. Inward and outward transfers are charged Kes 100 per transaction
4. No monthly charges
5. No ledger fees
6. No transactional charges
7. Cheque books available at Kes 8 per leaf
8. No account maintenance fees
9. No cash withdrawals, deposits, bankers cheques and standing orders are allowed

Business Current Accounts

Hazina SME Account

Due to the number of transactions to the account, the Kes 35 ensures customer   can monitor and control the charges to their account. The flexibility of opening the account in Foreign Currency ensures those that export and get foreign currency streams are taken care of in Foreign Exchange Loss.

Features

1. Opening balance Kshs. 5,000
2. Nil operating balance
3. Ledger fee of Kshs. 35 per transaction
4. Cheque book available
5. Account available in USD, GBP and EUR
6. Overdraft facilities available*

Zalisha Account

This account has different packages for different professionals – Medical Private Practice, Clinics and Institutions, Law Firms and NGO’s.

Features

1. Minimum opening balance Kes. 10,000 or FCY equivalent
2. Account maintenance fee is waived on balances above Kes. 500,000
3. Cheque book available
4. Unlimited deposits and withdrawals
5. Account available in USD, GBP and Eur
6. Ledger fees of Kes 30 per entry

LEA Business Account

Nurture your business to greatness, with the “Lea account”. Experience the convenience of zero charges on deposits and withdrawals, while enjoying a host of benefits.

Features

1. Minimum opening balance of Kes 5,000
2. No minimum operating balance
3. Cheque book available
4. Ledger fees of only Kes 500 per month
5. MasterCard debit card available

Benefits

1. Free Banker’s cheques (Max 10) per month
2. Free e-statements
3. Free access to Internet Banking services
4. Free internal transfer within ABC Bank branch network
5. Dedicated cash counter
6. Access to free Insurance and Investment advisory services through ABC Insurance
   Brokers and ABC Capital Brokerage firm
7. Dedicated Relationship Manager
8. Free cash deposits (Upto Kes 10,000,000) per transaction

ABC Bank Loans

Term Loans

Term loans are advanced for various purposes such as; expansion of premises, buildings, purchase of stock, furniture, tools & equipment, working capital i.e. meet certain fixed expenses. Term Loans are repaid within a fixed period of time. We offer two types of term loans.

1. Short term loans: Repayment period not exceeding 3 years
2. Long term loan: Repayment period of more than 3 but below 5 years.

Overdraft facilities

This is a facility basically advanced to finance working capital e.g. purchase of stock or to meet running expenses by refinancing the Borrower’s debtors.

Asset Financing

Asset Finance loans are advanced for purchase of Motor vehicles/Buses/Trucks/Construction equipment and/or manufacturing equipment.

Cheque Discounting

This is a form of short term loan through which the client provides a post dated cheque to the bank which amounts to the short term loan taken from the bank and the interest charged by the bank. This facility can be used by individuals, SME clients as well as corporate clients.

Invoice discounting

This is a form of short-term borrowing often used to breach working capital deficit, your company’s working capital and cash flow position. It allows a business to draw money against its invoiced sales before the customer has actually paid. The facility is granted to SME’s that supply to pre-approved anchors.

Bid bonds

 A bid bond is a written guarantee from a bank submitted to a principal (client or customer) by a contractor (bidder) with a bid. A bid bond ensures that on acceptance of a bid by the customer the contractor will proceed with the contract and will replace the bid bond with a performance bond.  We offer both secured and unsecured bid bonds.

Letters of Credit

These are irrevocable letters of credit issued by banks on behalf of their clients’ who are purchasing goods from overseas and is issued to the vendors bank on behalf of the vendor. We offer two types of LCs;

1. Sight LC- Payment is made by issuing bank upon sighting shipping documents
2. Usance LC- Buyer negotiates for credit terms with supplier/vendor. Payment is made by issuing bank at expiry of credit period

Bank Guarantees

 This is an assurance from a bank that your liabilities as a debtor will be met. It enables you the client to acquire goods on credit thereby enabling the expansion and continuity of your business

Performance bonds

A performance bond is usually offered to the client (after successful acceptance of a bid bond) as security to ensure job completion. A performance Bond will usually require a bid bond, to bid for the job.  This facility is available to individuals, SME clients as well as corporates.

Construction and project finance

 These are funds advanced to a client for a fixed duration of time and for a specific purpose e.g. construction of a commercial or residential project for sale or lease. The repayments are on monthly, quarterly, semi- annually or annually basis depending on the cash flows.

Mortgage Facilities

 As the Bank, we believe in helping you own your dream home. For this reason we have a mortgage facility designed to suit your needs

Post-Import Finance

This is a loan facility that helps you settle bills of exchange that have matured in cases where you have not mobilized adequate resources to settle the same.

Avalization

This is when sales are on credit and secured by accepted bills of exchange and the seller still runs the risk of not being paid. To reduce the risk of default, the seller may ask the buyer that the bill of exchange must bear the guarantee of the bank that on due date payment shall be made. The act of the bank adding its commitment to pay on the bill of exchange is called Avalization. It helps the buyer receive goods on credit and gives the seller the comfort of payment. It also allows the seller to discount the avalized bill to create cash flow.

Post Export Finance

This facility enables an exporter to access funds against proceeds expected from goods that have been exported.

Bills Discounting

This is done when sales are on credit and secured by accepted bills of exchange where the seller may use these bills to improve their cash flow by discounting the same. ABC Bank provides funds to the customer and waits for reimbursement from the drawees (buyer) of the bill at maturity.

Pre-shipment Finance

This facility enables the exporter to access funds that will help in preparing the goods ready for export. It is normally supported by a confirmed export order.

Documentary collections

The seller may develop a level of trust with the buyer to the extent where goods will be shipped to the buyer even before payment has been done. Documents (including transport documents) will then be sent through the banking system.  The seller’s bank will instruct the buyer’s bank to release the documents on fulfilment of some conditions. Documentary collections help the seller to control documents and title to goods while assuring the buyer that the goods have been shipped.

Clean collections

The presenting bank sends instructions to the collecting bank to collect proceeds and make payment on fulfilment of certain conditions. This allows for cost-effective trade finance transactions.