Bulk Disbursement
The Bulk Disbursement service allows your organization to make payments to groups of people.
Bulk Disbursement
Bulk is a disbursement account provided by T-Kash platform, owned and managed by a specific organization. Telkom provides the said organization with a bulk account number which will be funded and funds disbursed to T-kash registered numbers. Bulk accounts can be used to pay wages, promotion monies, airtime etc.
The Bulk Disbursement service allows your organization to make payments to groups of people. Examples are :
- Betting payout
- Salary payment
- Insurance: Claims settlement
- Promotional payments
- Payment of supplies, petty cash, daily wages
BULK DISBURSEMENT | ||
|---|---|---|
Transaction Range(Kshs) | ||
Minimum | Maximum | Revised Charges |
1 | 1000 | 16 |
1001 | 250000 | 23 |
1. Certificate of incorporation or Business Permit or Equivalent.
2 Trading Certificate if trading with a different name.
3. Form CR12 or an equivalent form, should be valid for the last 3 months.
4. Copy of VAT and/or PIN certificate.
5. Copies of I.D.s and passport photos of directors or persons playing an equivalent role.
6. Copies of I.Ds of persons who will have the operator and approver roles.
7. Cancelled cheque or letter from Bank confirming Bank details
2 Trading Certificate if trading with a different name.
3. Form CR12 or an equivalent form, should be valid for the last 3 months.
4. Copy of VAT and/or PIN certificate.
5. Copies of I.D.s and passport photos of directors or persons playing an equivalent role.
6. Copies of I.Ds of persons who will have the operator and approver roles.
7. Cancelled cheque or letter from Bank confirming Bank details
8. Stamped/Sealed board resolution by directors or persons in equivalent roles indicating.
10. Copy of Current Regulator License (For Financial Institutions)
11. BCLB License (For gaming, Betting, Lottery)
- Authority to open a disbursement account or Transact business on behalf of the company
- Appointed persons having signatory authority and provide copies of their identification documents
- Bank details
10. Copy of Current Regulator License (For Financial Institutions)
11. BCLB License (For gaming, Betting, Lottery)
