<div dir="ltr"><div class="gmail_default" style="font-family:georgia,serif">Barrack</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">The Kenya Bankers Association is also involved in the clearing house. The other thing that would be good to check is this:-</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">Say your RTGS credit was 20k. Assume that your bank has say 1 million customers. Do the math and say 10% of those customers transfer money via RTGS. I personally have had to wait 4-5 days for such transfers to hit my account. Can you imagine how much your bank is making on the overnight lending desk?</div><div class="gmail_default" style="font-family:georgia,serif"><br></div><div class="gmail_default" style="font-family:georgia,serif">Sometimes we blame technology to cover up some unsavoury practices..</div><div class="gmail_extra"><br clear="all"><div><div class="gmail_signature"><div dir="ltr"><div><div dir="ltr"><p style="margin:0in 0in 0pt"><b><font face="georgia, serif">Ali
Hussein</font></b></p><p style="margin:0in 0in 0pt"><font><b><span style="font-family:"Baskerville Old Face","serif""></span></b></font> </p><font>
</font><p style="margin:0in 0in 0pt"><font> </font></p><p style="margin:0in 0in 0pt"><font><span style="font-family:georgia,serif"><span>T<font>el: +254 770 906375/ 713 60<font>1113</font></font><br></span></span></font></p><p style="margin:0in 0in 0pt"><font><span style="font-family:georgia,serif"><span>Twitter: @AliHKassim</span><span></span></span></font></p><font><span style="font-family:georgia,serif">
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</p><font><span style="font-family:georgia,serif"><span>Blog: <a href="http://www.alyhussein.com" target="_blank">www.alyhussein.com</a><br><br><br><font size="1">Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.</font></span></span></font><span style="font-family:"Baskerville Old Face","serif";font-size:11pt"></span><span style="font-size:11pt"></span>
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<br><div class="gmail_quote">On Tue, Mar 24, 2015 at 2:39 PM, Barrack Otieno via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><p>Many thanks Paul and Grace, </p>
<p>Thanks Paul for highlighting the challenge at CBK the guys at my bank didnt know what to say, i think we ought to be vigilant about such challenges since they have adverse effects on the industry.</p><div class="HOEnZb"><div class="h5">
<div class="gmail_quote">On Mar 24, 2015 2:30 PM, "Paul" <<a href="mailto:roykoikai@gmail.com" target="_blank">roykoikai@gmail.com</a>> wrote:<br type="attribution"><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div><div style="font-family:Calibri,sans-serif;font-size:11pt">CBK has been having issues recently with their switch but this was resolved. Seems its not yet as such resolved. <br><br>Will contact the CBK guys.</div></div><div dir="ltr"><hr><span style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold">From: </span><span style="font-family:Calibri,sans-serif;font-size:11pt"><a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">Barrack Otieno via kictanet</a></span><br><span style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold">Sent: </span><span style="font-family:Calibri,sans-serif;font-size:11pt">24/03/2015 13:45</span><br><span style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold">To: </span><span style="font-family:Calibri,sans-serif;font-size:11pt"><a href="mailto:roykoikai@gmail.com" target="_blank">Paul Roy</a></span><br><span style="font-family:Calibri,sans-serif;font-size:11pt;font-weight:bold">Subject: </span><span style="font-family:Calibri,sans-serif;font-size:11pt">Re: [kictanet] Central Bank of Kenya and Electronic Payments</span><br><br></div>Listers,<br><br>A local electronic payment (RTGs) was initiated in my favor yesterday<br>at 9 am. Until now i haven't received the funds 24 hours later and<br>the bank seems to lay the blame with the Central Bank of Kenya<br>clearing unit.<br><br>I wonder if this is healthy for our growing electronic commerce<br>industry and most importantly as stakeholders what role can we play to<br>make sure CBK is efficient if the claims are true, i also wonder if<br>this is a switching issue or pure bureaucracy.<br><br>Best Regards<br><br>-- <br>Barrack O. Otieno<br><a href="tel:%2B254721325277" value="+254721325277" target="_blank">+254721325277</a><br><a href="tel:%2B254-20-2498789" value="+254202498789" target="_blank">+254-20-2498789</a><br>Skype: barrack.otieno<br><a href="http://www.otienobarrack.me.ke/" target="_blank">http://www.otienobarrack.me.ke/</a><br><br>_______________________________________________<br>kictanet mailing list<br><a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a><br><a href="https://lists.kictanet.or.ke/mailman/listinfo/kictanet" target="_blank">https://lists.kictanet.or.ke/mailman/listinfo/kictanet</a><br><br>Unsubscribe or change your options at <a href="https://lists.kictanet.or.ke/mailman/options/kictanet/roykoikai%40gmail.com" target="_blank">https://lists.kictanet.or.ke/mailman/options/kictanet/roykoikai%40gmail.com</a><br><br>The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.<br><br>KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.<br></div></blockquote></div>
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.<br>
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