We promote a savings and investment culture while providing affordable credit for the enhancement of the economic and social welfare of our members and other stakeholders

+ 254 (020) 5006060

info@kingdomsacco.com

Empower House, Githurai 45, Thika Road

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Salary processing

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Salary Processing

Kingdom SACCO’s Salary Processing service is a convenient way for members to receive their salaries directly into their FOSA accounts. Designed to make salary management seamless, this service allows members to access their funds easily, manage finances, and enjoy additional SACCO benefits.

Key Features of Salary Processing:

Members can deposit cheques at any of our branches. Simply present your cheque to the teller for processing, and we’ll handle the rest.

Cheque clearing typically takes 2 to 5 working days, depending on the bank or institution that issued the cheque. This ensures your funds are safely and securely transferred to your account

Once the cheque clears, the funds will be available in your FOSA account for withdrawal, transfers, or other transactions.

We prioritize security in cheque transactions, ensuring that all cheques are verified and processed in compliance with banking regulations.

Members can access their salary from ATMs across the country, making it easy to withdraw money anytime, anywhere.

Your salary is held in a secure account, and you can monitor your account activity in real-time via our mobile banking app or branch services.

Benefits of Salary Processing with Kingdom SACCO:

  • Convenience: Your salary is automatically deposited into your account, giving you quick and easy access to your funds.
  • Loan Access: Salary-processed members can apply for loans based on their salary, with faster approval times and competitive interest rates.
  • Efficient Management: Manage your salary efficiently through FOSA accounts, enabling savings, bill payments, and even investments.
  • Lower Fees: Enjoy low transaction fees when accessing or managing your salary compared to traditional banks.

How to Get Started:

  1. Open a FOSA Account: If you don’t already have one, apply for a FOSA account at Kingdom SACCO by visiting one of our branches or through our website.
  2. Submit Salary Details: Provide your employer with your FOSA account details so they can process your salary directly into your account.
  3. Start Enjoying the Benefits: Once your salary is credited to your account, enjoy the flexibility of managing your money through Kingdom SACCO’s diverse banking services.