It is an enhancement of the present NMB Wakala, by which an agent will be using a mobile phone to offer banking services.
Role of NMB PESA WAKALA
- The Bank targets greater financial inclusion and digital usage
- Support with transaction migration to alternative channels from Branch
- To offer more employment opportunities across the country
Agent Requirements
- Mobile phone(Smart phone or Kitochi)
- Active business license
- National ID
- Permanent premises
Note: Other terms and conditions applies.
Types of Transactions NMB Pesa Wakala
NMB Pesa Wakala now allows bank wakalas to use their own mobile phones to provide:
- Cash deposits
- Cash withdraws
These transaction services are done through their phones similarly to telecom wakalas.
NMB Pesa Wakala Branding
How to withdraw:
- Dial *150*66#
- Enter PIN
- Choose Number 4. Withdraw Cash
- Choose number 1. NMB Wakala
- Choose number 1. Account to withdraw funds
- Enter Agent Withdraw number
- Enter Amount
- Choose 1. To confirm.
- You will receive SMS with OTP to withdraw.