Wednesday, September 20, 2023
Star Today Logo
  • Home
  • News
  • Business
  • Politics
  • Investigation
  • Health
  • Opinion
No Result
View All Result
Star Today Logo
Home Business

Co-op Bank offers customers safe keeping services

October 5, 2021
in Business, News
Reading Time: 2 mins read
Co-op Bank offers customers safe keeping services
123
SHARES
Share on FacebookShare on TwitterShare on Whatsapp

That valued certificate, or souvenir, in the house could be lost in a second if a fire razed through the house, or another unforeseen disaster, to leave but sad memories and regrets.

To avert the likelihood of such losses, Co-operative Bank offers Safe Keeping Services where customers can safely store some of their most valuable possessions and rest easy.

The service is intended to relieve the bank’s customers the stress of losing a valuable document and the hustle of replacing the same.

Readers' Choice

Co-op Bank named SME Financier of the Year in Africa

Two foreigners lose Sh132m in a Mombasa Hotel

“At a reasonable price of Sh3,000 per annum, we offer the peace of mind that your valuables are safe with us at Co-operative Bank of Kenya,” says the bank.

This service is ideal for both individuals and corporates with valuable documents or items and would wish to safeguard them against threats such as fire, burglary, loss or damage.

Acceptable items under safekeeping include title deeds, insurance policy documents, academic certificates, marriage certificates, data back-up and motor vehicle log-books among others.

This service comes in two options. Customers can get safe keeping boxes, where the Bank rents out a safe box to its customers. The safe box could be small, medium or large.

The client is assigned two keys and the box is accessible during normal working hours. This kind of arrangement, the bank says, is ideal for storage of title deeds, academic/marriage certificates, data back-ups, logbooks, insurance policy documents and jewellery.

“Requirements are the standard Know Your Customer (KYC) for individuals and companies, standing order form and an executed renters’ box application form,” says Co-operative Bank.

The price is Sh12,000 for a large box, Sh8,000 for a medium box and Sh4,800 for a small box.

The second option is the branch safe keeping of parcels.  This service is available for Co-operative Bank customers and is offered throughout their branch network.

“The Bank accepts properly sealed documents in envelopes within legal discretion that what the client has provided is lawful. It is ideal for academic/marriage certificates, title deeds, insurance policy documents, log books and data back-up,” Co-operative Bank said.

The charge for this is Sh3,000 per annum.

Customers can apply for either of the two options, a worthwhile move to eliminate chances of losing important documents and other possessions, as Co-operative continues to live up to its slogan, “We are you.”

ShareTweetSend
Previous Post

Co-op Bank among top African lenders to tap into hybrid cloud, AI capabilities from IBM

Next Post

Co-op Bank seeks to hire IT Manager

Related Posts

Co-op Bank receives Sh14.15bn to lend to MSMEs

Co-op Bank named SME Financier of the Year in Africa

September 20, 2023
Mason dies after falling from 10th floor in Pangani

Two foreigners lose Sh132m in a Mombasa Hotel

September 20, 2023
Next Post
Co-op Bank seeks to recruit ICT Manager

Co-op Bank seeks to hire IT Manager

Leave a Reply

Your email address will not be published. Required fields are marked *

Continue Reading

Co-op Bank receives Sh14.15bn to lend to MSMEs

Co-op Bank named SME Financier of the Year in Africa

by Star Today
September 20, 2023

The Co-operative Bank of Kenya has been named SME Financier of the Year in Africa by the International Finance Corporation at...

Mason dies after falling from 10th floor in Pangani

Two foreigners lose Sh132m in a Mombasa Hotel

by Star Today
September 20, 2023

Police in Mombasa are investigating an incident where electronics belonging to two foreigners went missing in a hotel room where...

Co-op Bank records 47% jump in Q3 net profit

Gideon Muriuki restores his 2% stake at Co-op Bank

by Star Today
September 13, 2023

Co-operative Bank of Kenya’s chief executive, Gideon Muriuki, bought 14.6 million shares of the lender currently worth Sh173 million in...

Old Mutual turns to one-stop financial solutions model to grow clientele

Old Mutual turns to one-stop financial solutions model to grow clientele

by Star Today
September 13, 2023

 Old Mutual Kenya (OMK) has opened a second full-suite branch in the coastal city of Mombasa, as part of a...

Recent News

  • Co-op Bank named SME Financier of the Year in Africa
  • Two foreigners lose Sh132m in a Mombasa Hotel
  • Gideon Muriuki restores his 2% stake at Co-op Bank

Category

  • Business
  • Health
  • Investigation
  • News
  • Opinion
  • Politics
  • Star Today

© 2023

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Investigation
  • Health
  • Opinion

© 2023