A mobile banking product that enables customers to access cash withdrawal, cash deposit through M-SACCO/MPESA.
How it works
To use M-Sacco:
One has to be registered by filling application forms available online (downloads) and attach copy of Identity Card (ID). Registration applies to M-Pesa registered Safaricom lines only
Once registered, you will receive an SMS from M-SACCO containing a four digit number known as Start PIN. This PIN MUST be changed for you to access M-Sacco menus.
Dial *346# to change the Start PIN and enter new PIN (4 digit number). Many members tend to forget their M-Sacco PIN; we advise that you use your M-Pesa PIN so that you don't forget easily.
After changing the PIN, you will receive an SMS informing you that you have successfully changed your M-Sacco PIN. From this point if you dial *346# you will be able to access the M-Sacco menus.
M-Sacco Deposits – This option is NOT available on the M-Sacco menu when you dial *346#. But it can be accessed through M-Pesa menu Paybill option. Then enter 528700 (UN Sacco Business Number) followed by your FOSA Account Number. You will receive a confirmation message of the deposit made.
