How Kenyans in the Diaspora Can Easily Manage Their Finances Back Home

1. Open a Diaspora Bank Account

The first thing you need is a bank account in Kenya that works well from outside the country.

One great option is the Co-op Bank Diaspora Account. You can open it online, and it supports both local and international currencies like:

• Kenyan Shillings (KES)

• US Dollars (USD)

• British Pounds (GBP)

• Euros (EUR)

• Canadian Dollars (CAD)

• Australian Dollars (AUD)

 Open yours here: https://openaccount.co-opbank.co.ke

You don’t need to travel back to Kenya—everything is online.

2. Use a Reliable Money Transfer Service

Before putting money in your new account, check which money transfer apps or agents work best in your country.

Here’s the full list:
https://diaspora.co-opbank.co.ke/money-transfer

Some trusted services include:

• Taptap Send

• MoneyGram

• Ria

• Western Union

• Exchange4Free

• Al Muzaini

• Transfast

Choose the one that’s available and affordable where you live.

3. Download the MCo-opCash App

Once your account is set up and funded, manage everything using the MCo-opCash app—no need to visit a branch.

You can:

• Check your balance

• Send money to M-Pesa

• Pay school fees or bills

• Transfer to other banks

• Top up your M-Pesa float

• Pay NHIF, NSSF or KRA

All from your phone, wherever you are in the world.

4. Grow Your Savings Safely

Looking for a low-risk way to save?

You can invest in government securities like Treasury Bills and Bonds through your Diaspora account. These are safe investments that grow your money over time.

5. Support Your Family from Abroad

Life happens—and often, family needs financial support.

With your Co-op Diaspora account, you can directly pay for:

• School fees

• Medical bills

• Insurance

• Funeral costs

It’s fast, secure, and makes you dependable—even from far away.

6. Get Insurance from Abroad

You don’t need to be in Kenya to get insurance for your loved ones. Through Co-op, you can arrange:

• Medical insurance for family

• Car insurance

• Home cover

• Funeral insurance

This gives you peace of mind wherever you are.

7. Build or Buy Property in Kenya

Planning to build or buy a house?

You can apply for a mortgage or construction loan remotely—without traveling to Kenya.

This means you can start building your future back home today.

In Summary

With the right setup, managing your finances in Kenya while living abroad is easy.

✔️ Open a Diaspora Account
✔️ Use a reliable transfer service
✔️ Manage everything via app
✔️ Save, invest, and support your family
✔️ Even buy property without coming home

It’s all possible—just like home.