Co-op Bank Increases Daily App Transfer Limit to Sh2M
Co-operative Bank of Kenya has significantly enhanced its digital banking services by raising the daily limit for money transfers via its MCoopCash app to Sh2 million. This increase, which is four times the previous limit of Sh500,000, aims to provide customers with greater convenience amid a growing preference for digital transactions. The new policy allows users to transfer up to Sh1 million in a single transaction, facilitating seamless transfers between accounts.
