For a few years now, bank-to-Mpesa transfers have been attracting charges, following the reintroduction of the fees by the Central Bank of Kenya.
Like most banks in the country, your mobile wallet transfers attract KCB to Mpesa charges, ranging from Kshs 11.2 to Kshs 78, depending on the amount you are transferring to your mobile wallet.
KCB M-Pesa to M-Pesa charges
Transfering your approved loans or savings balance from your KCB M-Pesa account to your M-Pesa wallet shouldn’t cost you a thing.
This transfer is FREE.
The exact KCB charges are as in the table below:
KCB to Mpesa charges table
These charges apply when using:
- Mobile banking
- KCB internet banking
Transaction range (KES) | Charges (KES) |
---|---|
1 – 100 | Free |
101 – 500 | 11.2 |
501 – 1,000 | 13.60 |
1,001 – 1,500 | 16.00 |
1,501 – 2,500 | 26.00 |
2,501 – 3,500 | 38.00 |
3,501 – 5,000 | 50.00 |
5,001 – 7,500 | 64.00 |
7,501 – 20,000 | 76.00 |
20,001 – 150,000 | 78.00 |
![KCB to Mpesa Charges 2024 1 KCB to Mpesa charges Mpesa to KCB fees screenshot](https://money.ke/wp-content/uploads/2024/04/kcb-to-mpesa-charges-mpesa-to-kcb-fees-screenshot.webp)
How to send money from KCB to Mpesa
To send money from KCB Bank to Mpesa, follow these steps:
- On your phone, dial *522#
- Choose the Send Money option
- Select Send to M-Pesa
- Under source of funds, choose KCB Account
- To send to your own wallet, select Own Number
- To send to another M-Pesa account, choose Other Number
- Now select the KCB Account to send from.
- Enter the Amount you want to send
- Enter your KCB mobile banking PIN
- Review the transaction details and submit
You will receive a confirmation message from KCB and M-Pesa upon a successful transfer.
KCB Vooma to M-Pesa
You can also send money from your Vooma wallet to M-Pesa using the USSD 522. Here are the exact steps:
- On your phone, dial *522#
- Choose Send Money
- Under source of funds, select From VOOMA Wallet
- Select Enter Mobile Number option
- Enter the M-Pesa number you want to transfer funds to
- Enter the Amount to transfer
- Key in your KCB mobile banking PIN
- Confirm the transaction and submit.
For KCB to M-Pesa, nominal paybill charges apply