I&M Bank Kenya

I&M Bank Kenya offers the I&M Business Current Account for companies in Kenya, denominated in Kenyan shillings (KES).

Account terms The opening deposit is KES 1,000, and there is no minimum operating balance. The monthly fee is KES 500, which includes the first 75 transactions; additional transactions cost KES 10 each. An optional Mastercard Platinum card is charged separately, at KES 500 for issuance and KES 500 annually.

Services and clients The service list is limited to business bank accounts, and the client type is businesses. The data does not describe online banking, international transfers, lending or treasury services, so these should be confirmed with the bank where relevant.

Who it suits The pricing structure rewards businesses with a predictable, moderate number of monthly transactions: a firm staying within 75 operations pays a flat KES 500, while a busier firm pays KES 10 for each extra one. This makes the account easy to estimate for small Kenyan traders and service companies that work in shillings and do not need a minimum balance commitment.