Bank charges still full of grey areas

Central Bank of Kenya offices in Nairobi. FILE PHOTO | NMG

Despite a push by the regulator to infuse transparency in the banking sector pricing, a new study by the Financial Sector Deepening (FSD) Kenya has raised a red flag over hidden costs charged to unsuspecting consumers.

The report finds that banks are filing disclosures that fail to fully respect the tariff situation.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.