I&M Bank launches 3-hour Forex deal for customers twice a week

I&M Bank launches 3-hour Forex deal for customers twice a week
Director Global Markets Henry Kirimania

NAIROBI, Kenya Nov – I&M Bank customers will have a three-hour window every Tuesday and Friday to access preferential foreign exchange rates through the bank’s digital platform, in a new campaign targeting individuals and businesses making international payments.

The FX Flash Deal campaign will run from 10 am to 1 pm on the I&M OTG App, allowing eligible customers to exchange currencies and complete qualifying foreign exchange transactions without visiting a bank branch.

The initiative is designed to help customers get more value when making payments abroad, settling overseas suppliers, supporting family members living outside Kenya, or preparing for international travel.

Under the campaign, customers will be able to check the applicable foreign exchange rates directly on the app and complete eligible transactions during the promotional window.

“Your FX Game Just Got Better! Introducing FX Flash Deal,” Director Global Markets Henry Kirimania said in its campaign messaging, positioning the offer as a convenient way for customers to access preferential rates.

The bank is encouraging customers to take advantage of the limited promotional hours, with the offer available twice a week.

The campaign builds on I&M Bank’s broader digital transformation agenda, which has seen the lender invest in technology aimed at making financial transactions faster and more convenient.

In November 2025, the bank launched I&M FX DIRECT, an online foreign exchange trading platform targeting business clients, particularly those with monthly forex transaction volumes of at least USD 50,000.

The platform introduced Straight-Through Processing (STP), allowing forex orders to be executed instantly without manual intervention, helping businesses reduce delays and errors.

“The launch of I&M FX DIRECT marks a significant milestone in our commitment to leading digital transformation of treasury operations. We are empowering our business clients by giving them direct control over their forex trades,” Kirimania said at the time.

The FX Flash Deal campaign extends the bank’s focus on digital forex services by giving eligible customers an opportunity to access promotional rates through its mobile banking app.

Customers seeking to make international payments or exchange currencies can use the designated Tuesday and Friday windows to check the applicable rates and complete their transactions digitally.