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    USD Buy 109.50 Sell 109.70 EUR Buy 129.70 Sell 130.70 GBP Buy 146.00 Sell 147.00 CAD Buy 83.50 Sell 84.50 CHF Buy 120.00 Sell 121.00 INR Buy 1.40 Sell 1.60 JPY Buy 104.70 Sell 105.70 ZAR Buy 6.00 Sell 8.00

    Schools are constantly busy, so they require an account that offers the flexibility they need to focus on nurturing tomorrow’s leaders. The School Operating Account is tailored to them.

    • Caters to all schools
    • Opening and operating balance of KSh 1,000
    • Transaction fee of KSh 100 per direct credit from the Ministry of Education
    • Sharia Contract: Qardh
    • Free deposits
    • Access to cheque book
    • No restrictions on transactions
    • Free quarterly statements
    • Free internal transfers to other FCB accounts (with a cheque book)
    • Valid signed and stamped letter from School Committee/Board of Governors
    • Certificate of Registration as per relevant registration e.g. company, co-operative etc.
    • Ministry of Education Registration Certificate
    • Original and Copy of ID or Passport of authorized signatories
    • 2 recent passport photographs of authorized signatories
    • Original and Copy of KRA PIN Certificate
    • Introduction Letter from Ministry of Education
    • Minutes from School Board clarifying operational mandate
    • Account opening balance
    Requirements subject to the registration status of business/corporate i.e. Sole Proprietor, Limited Company etc.


    I/we wish to open the following Account