Description
FOSA Account: Seamless Transactional Banking for SACCO Members
Are you looking for a reliable and efficient way to manage your salary and transactions? The FOSA Account provides members with a comprehensive banking solution. Designed with convenience in mind, this account makes it easier for SACCO members to process their salaries while accessing essential financial services.
Key Features of the FOSA Account
- Bankers’ Cheques: Enjoy the flexibility of obtaining bankers’ cheques for secure transactions.
- EFT Transfers: Effortlessly transfer funds from your FOSA Account to any local bank, ensuring smooth payment processes.
- VISA Branded ATM Debit Card: Gain access to a VISA debit card, offering convenience for withdrawals and payments.
- Affordable Salary Processing Fee: Salary processing is available at a cost of just KES 100, keeping it budget-friendly.
- Internal Standing Orders: Set up standing orders for easy management of recurring payments.
- Online Statements: Access your account statements online, allowing for efficient tracking of transactions.
- Advance Loan Accessibility: Members can access quick financing solutions such as Rununu Advance (*345#) and KONA Advance, directly linked to their accounts.
- Minimum Account Balance: Maintain a minimum balance of just KES 500, making this account accessible to all members.