Equity Bank has stepped in with Cash Deposit Machines (CDMs), providing a seamless solution for businesses and individuals who need to deposit cash beyond regular banking hours. These self-service machines allow instant deposits, reducing the risks of handling large sums of money while enhancing security and convenience.
Businesses operating late into the night, wholesalers, and retailers no longer have to worry about banking cut-off times. CDMs ensure that deposits reflect instantly, helping maintain smooth cash flow without disrupting operations. Even better, the transactions are completely free, with an automated receipt and SMS confirmation sent immediately for transparency and record-keeping.
The machines are strategically placed in secure, enclosed cubicles under 24/7 surveillance, giving users peace of mind while making transactions. They accept Kenya Shillings in denominations of Ksh. 50, 100, 200, 500, and 1000, with a minimum deposit of Ksh. 50. Customers can deposit up to Ksh. 2 million daily, though amounts above Ksh. 1 million require additional documentation at an Equity Bank branch.
The deposit process is straightforward—locate the nearest CDM, enter the recipient’s Equity Bank account details, confirm the transaction, and receive instant confirmation. With a growing network of 69 CDMs across major towns including Nairobi, Mombasa, Kisumu, Nakuru, and Machakos, accessibility is now easier than ever. In Nairobi, CDMs are conveniently available at locations like Garden City, Gikomba, Kasarani, Buru Buru, and Kitengela, among others.
Customers using the machines are advised to stay aware of their surroundings and report any suspicious activity. For any assistance, Equity Bank’s Customer Contact Center is reachable at 0763 000 000. With CDMs revolutionizing cash deposits, customers can now bank at their convenience, anytime and anywhere, without the hassle of long queues or time restrictions.