KCB Launches Diaspora Banking

526
2186

In a move to ease life for East Africans that live in the Diaspora, Kenya Commercial Bank (KCB) has launched a new internet enabled service named Online Banking.

This service that was unveiled earlier this week will enable East Africans living in North America, Europe, Asia and South Africa to deposit money and make any sorts of payments using their KCB local accounts. This according to KCB officials will be aided by agents that will be operating from the Diaspora.

Speaking at the launch of this service in Kampala, Jean Mugisha, the KCB Uganda marketing manager said that this service has been put in place to cater for the over 15 million East Africans that live in the Diaspora.

“There is a big East African population in the Diaspora of about 15 million that is continuously challenged with sending money back home. All the money transfer services available have been involving a third part; sender, receiver and agent. As a result, people’s hardly earned incomes have been often misused by some receivers,” Jean Mugisha said.

She added:

“It is because of this that we have invested in an ICT system that supports international banking. This will enable a client to control all their transactions. You can deposit, make any payments and follow ups. With this, the client will be dealing with the bank directly.”

Statistics presented by KCB officials but could not be independently verified by this business portal indicate that Diaspora remittances to the East African region grew massively in 2011 with Kenya receiving over USD 800 million closely followed by Uganda with USD 649 million. 

RELATED ARTICLESMORE FROM AUTHOR

526 COMMENTS

  38. Link exchange is nothing else but it is just placing the other person’s blog link on your page at appropriate place and other person will also do similar in favor of you.

  42. My partner and I stumbled over here different web page and thought I may as well check things out. I like what I see so now i am following you. Look forward to looking at your web page for a second time.

  91. Youre so cool! I dont suppose Ive read anything such as this prior to. So nice to seek out somebody by incorporating original thoughts on this subject. realy we appreciate you starting this up. this excellent website is a single area that is required over the internet, a person with a bit of originality. valuable work for bringing new points to the world wide web!

  95. Great beat ! I wish to apprentice while you amend your web site, how can i subscribe for a blog website? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear idea

  130. While it has several imperfections, it is essential to keep in mind that it posses a special value-proposition for individuals who are interested by using a tablet for productivity purposes, and who like to manage data and setting within an understood Windows setting. The missing Start menu and various other bug fixes are expected to be added in Windows 8. The vaccine that GSK is developing will be tested on a limited number of people as the UK drug company reportedly [39] weighs the pandemic danger against the risks of an unsafe shot.

  133. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

  190. Fantastic blog! Are you experiencing any tips and hints for aspiring writers?
    I’m planning to start my own blog soon but I’m a bit lost on everything.
    Can you suggest beginning from a free of charge platform
    like WordPress or take a paid option? There are numerous choices on the
    market that I’m totally confused .. Any ideas?

    Thanks a great deal!

    my webpage :: SinaFDeets

  232. Greetings from Idaho! I’m bored to tears at work so I decided to check out your site on my iphone during lunch break. I enjoy the information you present here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyhow, fantastic blog!|

  273. Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. fffeegk https://headachemedi.com – best Headache medication

  274. Thanks for your concepts. One thing we’ve noticed is banks along with financial institutions are aware of the spending practices of consumers while also understand that most of the people max out and about their real credit cards around the getaways. They properly take advantage of this specific fact and commence flooding your current inbox along with snail-mail box using hundreds of no-interest APR card offers just after the holiday season concludes. Knowing that should you be like 98% of American community, you’ll rush at the possible opportunity to consolidate card debt and shift balances for 0 apr interest rates credit cards. jjjiikm https://headachemedi.com – what to take for Headache pain

  279. Thanks for your tips. One thing we have noticed is always that banks and also financial institutions have in mind the spending behavior of consumers and also understand that a lot of people max away their own credit cards around the holiday seasons. They prudently take advantage of this kind of fact and begin flooding the inbox and also snail-mail box together with hundreds of Zero APR card offers immediately after the holiday season finishes. Knowing that in case you are like 98% of all American open public, you’ll hop at the opportunity to consolidate personal credit card debt and move balances for 0 interest rates credit cards. fffeegk https://thyroidmedi.com – best thyroid medication

  280. Thanks for your ideas. One thing I have noticed is that banks and financial institutions know the spending habits of consumers and understand that most people max out their credit cards around the holidays. They wisely take advantage of this fact and start flooding your inbox and snail-mail box with hundreds of 0 APR credit card offers soon after the holiday season ends. Knowing that if you are like 98% of the American public, you’ll jump at the chance to consolidate credit card debt and transfer balances to 0 APR credit cards. ccccbei https://thyroidmedi.com – thyroid pain medications

  286. Thanks for your concepts. One thing we’ve noticed is banks along with financial institutions are aware of the spending practices of consumers while also understand that most of the people max out there their real credit cards around the getaways. They properly take advantage of this specific fact and commence flooding your current inbox along with snail-mail box using hundreds of no-interest APR card offers just after the holiday season comes to an end. Knowing that should you be like 98% of American community, you’ll rush at the possiblity to consolidate card debt and shift balances for 0 apr interest rates credit cards. iiihhjl https://stomachmedi.com – over counter medicine for stomach pain

  298. Thanks for your thoughts. One thing we have noticed is always that banks and also financial institutions have in mind the spending behavior of consumers and also understand that a lot of people max out there their own credit cards around the holiday seasons. They prudently take advantage of this kind of fact and begin flooding the inbox and also snail-mail box together with hundreds of Zero APR card offers immediately after the holiday season comes to an end. Knowing that in case you are like 98% of all American open public, you’ll hop at the possiblity to consolidate personal credit card debt and move balances for 0 interest rates credit cards. hhhggil https://pancreasmedi.com – what to take for stomach pain

  441. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you want to see more you can see these sl authors and blogs

  442. lockout service near me [url=https://locksmithservice24.co.uk/wigan/atherton/door-service/upvc-door-repair/]uPVC door lock repair in Atherton[/url] locksmith service 24 hours / 7 days
    locksmith service 24 hours / 7 days

  444. Thanks for the good writeup. It actually was once a entertainment account it. Glance complicated to more delivered agreeable from you! By the way, how can we communicate?

  454. Howdy, i read your blog from time to time
    and i own a similar one and i was just curious if you
    get a lot of spam comments? If so how do you stop it, any plugin or anything you can recommend?
    I get so much lately it’s driving me insane so any support is
    very much appreciated.

  463. Plumber in West london mayfair 1 Hour Emergency Call Out[Url=https://plumber-london-247.co.uk/west-london-plumber/mayfair-plumber]Mayfair Plumber[/url] Mayfair Plumber Plumber in West london mayfair. Gas Central Heating Engineers & Drainage services from Plumber-London-247.co.uk Call us 02080 587136

  465. |Schlusselnotdienst Neumuhlen (27804) – Tag & Nacht Turoffnungen![Url=https://schluesseldienst-service24h.de/neumuehlen-27804/]Schlusseldienst Neumuhlen (27804) – Turoffnung Schlusselnotdienst[/url] Schlusseldienst Neumuhlen (27804) – Turoffnung Schlusselnotdienst Ausgesperrt? Schlusseldienst service 24/7 Neumuhlen hilft schnell & zuverlassig bei Turoffnungen: – 0157 9246 5509 ? Wir kommen sofort! Ihr Spezialist fur Schlusselnotdienst in 27804 Neumuhlen.
    Schlusselnotdienst Poyenberg (25581) – Tag & Nacht Turoffnungen![Url=https://schluesseldienst-service24h.de/poyenberg-25581/]Schlusseldienst Poyenberg (25581) – Turoffnung Schlusselnotdienst[/url] Schlusseldienst Poyenberg (25581) – Turoffnung Schlusselnotdienst Ausgesperrt? Schlusseldienst service 24/7 Poyenberg hilft schnell & zuverlassig bei Turoffnungen: – 0157 9246 5509 ? Wir kommen sofort! Ihr Spezialist fur Schlusselnotdienst in 25581 Poyenberg.

  472. Someone necessarily lend a hand to make significantly articles I might state. That is the first time I frequented your web page and to this point? I surprised with the research you made to make this particular submit incredible. Great job!

  480. Howdy! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  484. I wish to show appreciation to you just for rescuing me from such a trouble. Just after searching throughout the internet and meeting ideas which are not beneficial, I was thinking my life was gone. Existing devoid of the strategies to the problems you have resolved as a result of your guideline is a serious case, as well as ones that would have in a negative way damaged my entire career if I hadn’t come across your website. Your know-how and kindness in handling every part was excellent. I’m not sure what I would’ve done if I hadn’t come across such a step like this. I can also at this moment look forward to my future. Thanks very much for the specialized and amazing help. I won’t hesitate to propose your web sites to any individual who needs to have guide about this topic.

  486. Thanks , I have recently been looking for info about this topic for ages and yours is the best I’ve discovered so far. But, what about the bottom line? Are you sure about the source?

  495. Schlusseldienst Behringen, Kreis Soltau – Turoffnung ab 27€ Festpreis – 24/7 notdienst[Url=https://schluesseldienst24h.com/behringen-kreis-soltau/]Schlusseldienst Behringen, Kreis Soltau[/url] Schlusseldienst Behringen, Kreis Soltau Unser Schlusseldienst in Behringen, Kreis Soltau steht fur faire Preise & Qualitat – mit Festpreisgarantie – 24 h Notdienst – in 20 – 30 min vor Ort – Schlusselnotdienst fur Behringen, Kreis Soltau

  504. Have you ever heard of second life (sl for short). It is basically a game where you can do anything you want. SL is literally my second life (pun intended lol). If you would like to see more you can see these sl websites and blogs

  523. Schluesseldienst Oldeborg – 49€ Tueroffnung zum Festpreis [Url=https://schluesseldienst365.de/schluesseldienst-in-oldeborg/]Schluesseldienst Oldeborg[/url] Schluesseldienst Oldeborg Schluesseldienst Oldeborg – 24 std – Ohne Beschadigung – Faire Preise – Jahrelange erfahrung tel: 0157 9246 5520 – Schluesseldienst in Ihrer Nahe!

  524. Schluesseldienst Suderhackstedtfeld Bei Jorl – 49€ Tueroffnung zum Festpreis [Url=https://schluesseldienst365.de/schluesseldienst-in-suderhackstedtfeld-bei-jorl/]Schluesseldienst Suderhackstedtfeld Bei Jorl[/url] Schluesseldienst Suderhackstedtfeld Bei Jorl Schluesseldienst Suderhackstedtfeld Bei Jorl – 24 std – Ohne Beschadigung – Faire Preise – Jahrelange erfahrung tel: 0157 9246 5520 – Schluesseldienst in Ihrer Nahe!

LEAVE A REPLY

Please enter your comment!
Please enter your name here