Stay safe! Here are transactions you can do on your Standard Chartered Mobile app

Time for some action …and no, not the kind on Netflix. Manage your money from the comfort of your home as you stay safe. You want to do stuff with your cash in a good bank and you no longer have to visit the branch. Here’s why Standard Chartered has your back.

Let’s start with how they’ve simplified your life! Standard Chartered Bank understands that we all need convenience so they have designed and developed an even faster account opening solution where you can open an account in lightning speed. You can open your bank account instantly on the Standard Chartered Bank Mobile App or Desktop

The Standard Chartered Mobile app is a fast, easy, convenient and secure way of accessing your bank wherever you are. You can use the SC Mobile App 24/7 for any of their 70 different functions including;
– sending money and transferring funds to a nominated Standard Chartered Bank account, local account or International transfers
– Pay your bills, that is, MPesa, Airtel Money, KPLC, Nairobi Water and many more
– Make Payments
– Manage your account (Check your balance, view eStatements)

How to open the account
STEP 1: Download SC Mobile App, tap on “Open a Bank Account” and choose the Account that you would like to open.

STEP 2: Provide your contact details and verify your mobile number through OTP.

STEP 3: Key in your nationality, upload a picture of your ID and a photo of yourself.

STEP 4: Provide your residential address and share some more details about yourself.

STEP 5: Review and confirm the details provided and accept the Terms and Conditions.

STEP 6: Well done, you have successfully submitted your application to open an account. One of their agents will call you to activate your account.

A little more detail…

You can

1. Transfer Funds
Enjoy the convenience of transferring money to other accounts locally and internationally through SC Mobile anywhere, anytime.

2. Access Account Information
Access up to date information on the following types of accounts using this service: Savings Accounts, Current Accounts, Term Deposits, Loan Accounts and Credit Cards

3. Pay Bills
View your outstanding bill amount and make instant bill payments using either your bank account or credit card to the following billers: Utilities, Mobile Money and Airtime

4.Buy Insurance
Through the SC Mobile App, you can purchase a host of different insurance products with a click of a button. These include:
Home Insurance
Motor Insurance
Travel Insurance
Farwell Plan

Open your account now – https://www.sc.com/ke/open-account/

Opinion: All Kenyan businesses should to now process KRA payments online

We used to love queuing and doing things last minute. Not any more. New habits are with us!

Haven’t we learned a lot? At least I can speak for my circle of friends and I suspect the same for most Kenyans. Indeed, comfort is a killer.

Staying indoors has taught us to take advantage of what we’ve got in our hands. Got Internet? Then your business should process KRA payments online and waste no time. Read that again!

Why? Simply because you can. I highly suspect we won’t be visiting the tax centres anytime soon.

Actually, Standard Chartered Bank has made it easier for businesses so that we won’t have to ‘pet the peeves’. Standard Chartered Bank is directly integrated with KRA and this makes KRA submission real time. This, through the Straight2Bank online platform. It’s an online banking platform designed for all your business transactional needs.

All you have to do is set up KRA once and you wont have to memorize the account again.

You can pay your Excise, Service and Direct taxes online. Your account is automatically debited and you receive an acknowledgement immediately.

Besides that, you can stay safe and work from home with more features such as simple payroll processing, simple FOREX transactions, simple bulk payments, reports and alerts and it’s all secure.

Why don’t you try it for your business? You want to meet your legal obligations, don’t you?

To learn more, visit https://www.sc.com/ke/business-channels/straight2bank/

Process KRA Payments online
Process KRA Payments online

When your petty cash department has to work from home: Tips and tricks to stay safe

When most of us think of the petty-cash department, we tend to think of straight-faced persons seated behind a desk in an office, dealing with piles of paperwork and always counting money. A petty cash accountant working from home without face-to-face meetings or paper exchanges hasn’t seemed possible …until now. Times have quickly changed.

Because of this hiatus occasioned by the uncertain times that we’re going through, doing petty cash accounting by working remotely has been made possible by technology. A lot of businesses are still nervous about it and that’s natural because they might not know how to go about it. However, all that’s needed to be known is what tools can make this work paperless and away from the office.

Here are some hacks.

Face to face meetings
Most interactions with these accountants tend to be impromptu rather than scheduled. There’s no difference in a remote setting other than using phone calls or video conferencing tools. No need for a conference room! It’s just as easy to have impromptu meetings using Zapier as it would be in any office. You could also set up a Zoom meeting and share the link in your Slack channel and you can have that same sort of spur of the moment meetings, as long as all the participants are online at the same time.

Work
The accounting aspects of working remotely for petty cash accountants are not much different from working in an office. There are still weekly meetings, collaborations, month-end reports and payment approvals.

There are a lot of cloud-based apps but we’ve found an innovative way to manage petty cash payments provided by Standard Chartered Bank through their award-winning platform called Straight2Bank

Straight2Bank and Petty cash

The platform is an online banking platform designed for all your business transactional needs. At the moment, we are advised to stay away from physical cash (coins and notes) and naturally, we’re embracing alternative means to do banking.

To make the petty cash disbursements, all you have to do is list all the mobile numbers and amounts to be paid on an excel sheet template. Load this on Straight2ankB and click pay. For added security the payment goes through your organisation’s internal approvers.

Working remotely may seem like a foreign concept in the petty cash accounting world, but when you’re set up with the right applications, it’s totally achievable!

To learn more, visit https://www.sc.com/ke/business-channels/straight2bank/

Bulk Payments Standard Chartered Bank
Bulk Payments Standard Chartered Bank