Last updated on April 11th, 2024 at 02:52 pm
If you are one of the estimated 3 million Kenyans working abroad, you may be looking for an easier way of sending money home to Kenya. Remittances have long been an important factor in Kenya’s economy. In December 2020, they hit a new record with $299 million.
Despite how important remittances are to Kenya, it isn’t always easy or affordable to send money home. High fees and complicated processes are major problems. It can also be stressful, especially if you don’t know when your money will arrive.
Remitly is here to help.
We work with major banks in Kenya, so you can easily send money home with Remitly. One popular choice is to send money to the Kenya Commercial Bank. People who send money with Remitly can send money as a bank deposit or a cash pick-up, whichever is most convenient.
Send Money to KCB in Kenya in 4 Easy Steps
Sending money with Remitly to Kenya Commercial Bank doesn’t take long. First, download the app. After you sign up, it only takes a few minutes to send your first transfer:
- Let us know how much you want to send in Kenyan shillings (KES).
- Select your delivery method — “Bank Deposit” or “Cash Pickup.”
- Enter the bank account holder’s name, address, and bank account number if applicable.
- Add your payment method.
Finally, hit “send”. Now that you’ve sent the transfer, you can track it directly from the app. If you add your recipient’s phone number, they will also get SMS/text message updates.
Why Should I Use Remitly to Send Money to Kenya Commercial Bank?
Millions of people use Remitly to send money home to Kenya. We offer competitive exchange rates for the Kenyan shilling, transparent pricing, and zero fees.
That’s right. There are no fees for your transfer.
We also offer a dedicated support line for all of your questions.
How Quickly Will my Money Arrive at Kenya Commercial Bank?
Your money transfer to Kenya Commercial Bank typically arrives within minutes.
You can check the app to verify its arrival, and you will also receive updates from Remitly.
How Much Money Can I Send to Kenya Commercial Bank with Remitly?
You can send as much as you want. But to comply with international regulations and security measures, we have a spending limit. To increase your limit, you only need to submit some extra paperwork, so we can verify your transfer. It doesn’t take long, and it’s free to increase your limit.
Upon opening your Remitly account, the starting spending limits are:
- $2,999 in 24 hours
- $10,000 in 30 days
- $18,000 in 180 days
Is it Safe to Send Money to Kenya Commercial Bank with Remitly?
Yes, it’s safe to send money with Remitly. We verify every account and transfer, as well as use bank-grade encryption. We also have a full team of data security pros who focus every day on ensuring our platform is secure.
We’re also here to talk with our 24/7 customer support line. If you’ve noticed anything odd or have questions, our professionals will look into it for you.
More about Kenya Commercial Bank
The roots of the modern Kenya Commercial Bank (KCB) go back to 1896 when the bank was primarily used by colonial powers in Africa. In 1962, KCB expanded its operations in Nairobi to better serve the Kenyan population.
Today, KCB operates in 7 countries, employs more than 7,600 professionals, and serves over 22 million people.