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June 18, 2025
9mo ago

CBK Announces New Bank Transfer Times

CBK Announces New Bank Transfer Times

The changes take effect in less than two weeks...

✨ Key Highlights

The Central Bank of Kenya (CBK) has announced new banking hours for the Kenya Electronic Payment and Settlement System (KEPSS) to enhance the country's financial infrastructure.

  • The new hours will be from 7:00 a.m. to 7:00 p.m., starting July 1, 2025, a significant change from the current 8:30 a.m. to 4:30 p.m. schedule.
  • CBK stated that the extension aims to support the transition towards a 24/7 digital economy.
  • The decision follows consultations with financial institutions and aligns with the National Payments Strategy 2022–2025 to modernize Kenya’s payment systems.

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