Open an Account
- For You
- For Your Business
- For Corporate
- Diaspora
- Ways of Banking
- Treasury
Yes, it is mandatory, this is a requirement by the Central Bank of Kenya for all RTGS payments.
There is a drop down to choose the purpose from if you are processing using online banking and Mfukoni, the system will then generate the code for the transaction as per your selection.
You can find the closest that relates to the transaction, the Central Bank released an initial list which might be reviewed later to accommodate additional purpose of payment codes