Type of Business Name of License Licensing requirements Fees (KES) County
Other financial servives including financial consultants /bank agents/loans on assets firms with no money accounts/1 person acting individually etc Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 20,000 Bungoma
Multi money and bank agents over 6 tellers Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 25,000 Bungoma
Large mobile money transfer agents 4-5 employees/4-5 tellers Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 20,000 Bungoma
Medium mobile money transfer agent 2-3employees or tellers Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 10,000 Bungoma
Small mobile/money transfer agent with one person operating individually Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 5,000 Bungoma
Large Saccos and co-operatives societies with over 25 employees and/or premises over 300 sq.m Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 50,000 Bungoma
Medium Saccos and co-operatives societies with 6- 24 employees and/or premises of 100-300sq.m Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 25,000 Bungoma
Small Saccos and co-operatives societies with upto 5 employees and/or premises upto 100 Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 10,000 Bungoma
Other peri urban and trading centre professional, Technical services and financial sevices Single Business Permit Evidence of Location - LR No, Certificate of Incorporation or Business name registration 4,000 Bungoma

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