Updated 14 November 2026
Sidian Bank charges KSh 30 for a withdrawal at its own ATMs, KSh 75 at other Kenswitch ATMs and KSh 150 at Visa ATMs. Sending money from a Sidian account to M-Pesa on mobile banking costs KSh 10 to KSh 67 depending on the amount, while PesaLink transfers cost KSh 20 to KSh 275. Business loans carry a 1.5% appraisal fee plus a 1.5% disbursement fee. These figures come from the bank’s August 2026 tariff guide, and this page sets out the main fees by service so you can compare before you open an account or borrow.
Updated 14 November 2026. Source: the Sidian Bank Tariff Guide (August 2026), checked on 14 November 2026. The guide says all charges exclude excise duty, and that loan charges are not subject to tax.
On this page
In this guide
- Sidian Bank charges at a glance
- Account opening balances and ledger fees
- Cash withdrawal and deposit fees
- Sidian to M-Pesa and Till charges
- PesaLink, RTGS and EFT
- ATM, debit card and credit card fees
- Sidian Bank loan charges and insurance
- Cheques, statements and other fees
- How to cut your Sidian Bank charges
- Frequently asked questions
Sidian Bank charges at a glance
| Service | Charge |
|---|---|
| Withdrawal at a Sidian ATM | KSh 30 |
| Withdrawal at other Kenswitch or Interswitch ATMs | KSh 75 |
| Withdrawal at a Visa ATM | KSh 150 |
| Account to M-Pesa (mobile banking) | KSh 10 to KSh 67 |
| RTGS | KSh 500 |
| EFT | KSh 100 |
| Current account ledger fee | KSh 20 per transaction, minimum KSh 300 |
| E-statement | Free |
| Loan appraisal plus disbursement (under 12 months) | 1.5% + 1.5% |
| Credit card annual fee | KSh 3,000 |
Account opening balances and ledger fees
Sidian’s transactional accounts, Nawiri, Youth Flexxy, Mshahara and the CDF Current Account, have no minimum opening balance. The rest need an initial deposit:
| Account | Opening balance |
|---|---|
| Premium Savings Account | KSh 500 |
| Msingi Savings Account | KSh 500 |
| Business Account | KSh 2,000 |
| Ungana Account | KSh 2,000 |
| Flexxy Account | KSh 10,000 |
| Signature Account | KSh 15,000 |
| Foreign currency savings or current account | Set in dollars; see the tariff guide |
Current accounts pay a ledger fee of KSh 20 per transaction with a minimum of KSh 300 a month. A group collateral account pays KSh 40, and refunds from it cost KSh 100. Foreign currency accounts carry a monthly dollar ledger fee. Accounts for companies and registered groups also pay a search fee when they are opened or reactivated.
Cash withdrawal and deposit fees
Over-the-counter Sidian Bank charges for cash depend on the amount:
- Withdrawals below KSh 500,000: KSh 100.
- Withdrawals of KSh 500,000 and above: 0.25%, capped at KSh 5,000.
- Deposits below KSh 500,000: KSh 100.
- Deposits above KSh 500,000: 0.25%, capped at KSh 5,000.
- Foreign currency cash: 0.25% on large amounts, capped at KSh 5,000.
Uncleared effects, meaning payments against cheques that have not yet cleared, cost KSh 500 up to KSh 10,000, KSh 1,000 between KSh 10,000 and KSh 50,000, and up to 3% above that.
Sidian to M-Pesa and Till charges
On the mobile banking app or USSD, these are the Sidian Bank charges for moving money from your account to M-Pesa:
| Amount (KSh) | Charge (KSh) |
|---|---|
| 101 – 500 | 10 |
| 501 – 1,000 | 12 |
| 1,001 – 1,500 | 14 |
| 1,501 – 2,500 | 23 |
| 2,501 – 3,500 | 33 |
| 3,501 – 5,000 | 43 |
| 5,001 – 7,500 | 55 |
| 7,501 – 20,000 | 65 |
| 20,001 – 150,000 | 67 |
Paying a Till number or PayBill straight from your account costs KSh 5 for up to KSh 100, KSh 18 up to KSh 500, KSh 42 up to KSh 2,500, KSh 60 up to KSh 5,000, KSh 80 up to KSh 10,000, KSh 100 up to KSh 20,000, KSh 150 up to KSh 45,000, KSh 180 up to KSh 100,000 and KSh 200 up to KSh 150,000. Moving money from M-Pesa into Sidian through PayBill 111999 follows the normal M-Pesa tariff.
Other mobile banking fees: balance enquiries and PIN changes are free, SMS alerts cost KSh 10, a mini statement costs KSh 10, account-to-account transfers cost KSh 50 and an iTax payment costs KSh 350.
Internet banking has its own M-Pesa band table, starting at KSh 40 for small amounts and reaching KSh 110 for KSh 70,001 to KSh 150,000. The published internet banking table skips the KSh 101 to KSh 1,000 band, so check the charge on screen before you confirm.
PesaLink, RTGS and EFT
Receiving money by PesaLink is free. Sending costs:
| Amount (KSh) | Charge (KSh) |
|---|---|
| 10 – 500 | 20 |
| 501 – 5,000 | 40 |
| 5,001 – 10,000 | 75 |
| 10,001 – 50,000 | 100 |
| 50,001 – 100,000 | 130 |
| 100,001 – 200,000 | 165 |
| 200,001 – 500,000 | 205 |
| 500,001 – 999,999 | 275 |
RTGS costs KSh 500 and EFT costs KSh 100, both at the branch and on internet banking. A SWIFT or telegraphic transfer costs KSh 2,000, and foreign remittance commission is 0.25% with a minimum of KSh 1,000 and a maximum of KSh 10,000. For which channel suits which payment, see PesaLink vs RTGS vs EFT.
ATM, debit card and credit card fees
- Debit card (Platinum or Classic): KSh 500 to issue or replace; re-PIN KSh 100.
- ATM withdrawals: KSh 30 at Sidian, KSh 75 at Kenswitch or Interswitch, KSh 150 at Visa ATMs.
- Credit card: KSh 3,000 joining fee and KSh 3,000 a year; supplementary cards KSh 2,000 a year.
- Credit card penalties: over-limit 5% (minimum KSh 2,500), late payment 10% of the minimum due (minimum KSh 1,000), cash advance 5% (minimum KSh 1,000).
- Credit card interest: 3.5% a month on balances rolled over, and cards carry life insurance of 0.36%.
Sidian Bank loan charges and insurance
| Loans and overdrafts (below 12 months) | Charge |
|---|---|
| Appraisal fee | 1.5% |
| Disbursement fee | 1.5% |
| Application fee | KSh 1,500 |
| Documentation fee | KSh 3,000 |
| Security agreement fee | KSh 2,500 |
| Standing order fee | KSh 200 |
| Salary advance application fee | 3%, minimum KSh 500 |
| Loan restructure | 1.5% of the restructured amount |
| Annual renewal | 0.5% of the outstanding principal |
Interest on loans, micro-finance loans and the QLoan mobile loan follows risk-based pricing, so the rate depends on your profile. Personal loans carry credit life insurance of 0.55% for a single borrower and 0.95% for joint borrowers, and companies with a sole director pay keyman insurance of 0.55%. On a KSh 500,000 short-term business loan, appraisal and disbursement alone add KSh 15,000 before the flat fees. Use our bank loan calculators to test repayments.
Cheques, statements and other fees
- Cheque book: KSh 15 per leaf; stop cheque KSh 500.
- Cheque returned unpaid for insufficient funds: KSh 2,500.
- Banker’s cheque: KSh 100; counter cheque KSh 500.
- Interim statement: KSh 150 per page; certificate of balance KSh 500; audit confirmation KSh 1,000.
- Standing order set-up: KSh 400; unpaid standing order KSh 2,000.
- Salary processing: KSh 100 per beneficiary electronically, KSh 200 manually.
- Import letter of credit: 0.5% per quarter, minimum KSh 2,000; guarantees use the same rate.
How to cut your Sidian Bank charges
- Use Sidian ATMs, which cost KSh 30 against KSh 150 at Visa ATMs.
- Pay Tills and PayBills directly from the app instead of moving cash to M-Pesa first.
- Pick e-statements, which are free, over printed interim statements.
- For large transfers, compare PesaLink (KSh 275 at most) with RTGS (KSh 500).
- Compare with other banks in our guide to bank charges in Kenya, and find branch and PayBill details on our Sidian Bank contacts page.
Frequently asked questions
How much does Sidian Bank charge to send money to M-Pesa?
On mobile banking, KSh 10 for KSh 101 to KSh 500, rising to KSh 67 for KSh 20,001 to KSh 150,000.
What are Sidian Bank ATM withdrawal charges?
KSh 30 at Sidian ATMs, KSh 75 at Kenswitch and Interswitch ATMs, and KSh 150 at Visa ATMs.
What is the minimum balance for a Sidian Bank account?
Nawiri, Youth Flexxy, Mshahara and CDF accounts have no opening balance. Savings accounts need KSh 500, a Business Account KSh 2,000 and a Signature Account KSh 15,000.
What fees does Sidian charge on loans?
For loans and overdrafts under 12 months: a 1.5% appraisal fee, a 1.5% disbursement fee, a KSh 1,500 application fee, KSh 3,000 documentation and KSh 2,500 security agreement fees, plus credit life or keyman insurance.
Do Sidian Bank charges include excise duty?
No. The tariff guide says all charges exclude excise duty, while loan charges are not taxed.
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