Cash exiting Banks to be quarantined

Mlachake · 2020-03-18T10:35:51+00:00

Central Bank of Kenya Governor Patrick Njoroge has announced that cash exiting Banks will be quarantined for one week in order to contain Coronavirus. He has also said that loans received from banks to be reviewed in terms of payment for up to one year. If you had a bank loan that was due in March 2020, you have been added an extra year to complete your loans. Banks have also waived transaction costs due to the Coronavirus outbreak. Transacting money from your bank to your wallet or mobile will be absolutely free starting today. SOURCE Coronavirus: CBK directs banks to quarantine cash for a week – VIDEO

Thread starter Mlachake
Start date Mar 18, 2020

Mlachake

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Cash exiting Banks to be quarantined

Mlachake

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