What are the Non-Mandatory Charges?
TRANSACTIONAL BASED CHARGES; NON-MANDATORY CHARGES The following is a summary of all the charges that are triggered by transactions, requests etc: Ledger Fee: This will be charged against all clients who have balances below the minimum investment amount of Ksh 150,000. This is a monthly ‘penalty’ fee which will be charged on a tiered scale. Please refer to section on below balances for exact fees. Investors are encouraged to maintain the minimum account balance of above Kshs 150, 000. Withdrawals that put you below Kshs 150,000 make you eligible for a sliding scale of ledger fees charged on a monthly basis Below Minimum Balance Applied Ledger Fee in Kshs per month Ksh 149, 999 – Ksh 100,000 Ksh 1000 Ksh 99, 999 – Ksh 70,000 Ksh 1500 Ksh 69,999 – Ksh 50,000 Ksh 2000 Ksh 49,999 – Ksh 40,000 Ksh 3000 Ksh 39,999 – Ksh 20,000 Ksh 4000
