The Cooperative Bank of Kenya Limited was founded in 1965. The bank was established in accordance with the Co-operative Societies Act. It was governed by the Co-operative Societies Act until June 27th, 2008. In order to meet the requirements for listing on the Nairobi Securities Exchange, the bank’s Special General Meeting resolved to incorporate under the Companies Act. In accordance with the Banking Act, the bank is now licensed to operate in Kenya.
Just like other banking institutions. The cooperative bank allows its customers to use mobile phones and deposit money into their accounts using the Cooperative Bank Paybill number via Mpesa.
How do I transfer money from mpesa to Cooperative Bank?
You can transfer money from your Mpesa account to your cooperative bank account using the Cooperative Bank Paybill number –400200
- Go to Mpesa on your sim toolkit or M-Pesa App
- Lipa Na Mpesa
- Go to paybill
- Enter Business Number – The Business number is the cooperative bank paybill number(400200)
- Enter your co-op account number
- Put the amount you wish to transfer to your bank account
- Lastly, enter your Mpesa pin and then press send
- Wait for the confirmation SMS from the bank and Mpesa
Co-operative bank contacts
C0-op bank is located at the UAP Building, Hospital Road, Upper Hill, Nairobi, Kenya
Call center phone numbers: 0703027000,020 227 6000
Facebook- Co-op Bank Kenya
This is a paybill number for businesses that receive bulk payments and have coop business accounts. These can be payments from schools, tenants, etc
Equally important, no charges to register for this service, and no commission charges when you receive money.
Differences between paybill 400200 and paybill 400222
You must register for MCollection in order to receive payments via PayBill 400222, and your account will be assigned a unique business code.
Additionally, PayBill 400222 allows customers to include their name or number, such as a student number, house number, and so on. This makes account reconciliation easier.
Customers use Paybill 400200to transfer money from your Mpesa account to your personal/ Hekima account cooperative bank account.
Cooperative bank internet banking
To use Co-op Personal Internet Banking or Corporate Internet Banking go to https://onlinebanking.co-opbank.co.ke/
If you’re already registered, use your credentials to sign in or sign up if you’re a new user.
Cooperative bank swift code
- The co-op bank swift code is KCOOKENA/ KCOOKENAXXX
- KCOO – CODE FOR THE CO-OPERATIVE BANK OF KENYA LTD
- KE is the country code, Kenya
- NA is the institution’s location
- A means the code is active/code status and,
- XXX indicates the head office
Chapa pay is an online card payment system for people who want to promote their goods/services online. This could be through WhatsApp, Facebook, Websites, etc.
Chapa Pay eCommerce system allows users to receive online card payments from their customers directly into the Co-op Bank account.
To register for Chapa pay or to learn more about it, visit https://campaign.co-opbank.co.ke/ecommerce/