KCB Bank to M-Pesa Transfer Charges

Starting January 2023, Kenyan banks will charge customers a fee (plus excise duty of 20%) when moving funds from their bank accounts to M-Pesa and Airtel Money mobile money wallets. Mobile money wallets will also charge fees when moving cash from the wallets to bank accounts. This change comes after the charges, which had been removed to cushion Kenyans during the COVID-19 pandemic, were waived.

If you are a customer of KCB Bank and want to transfer funds from your bank account to an M-Pesa account, in this article, we will provide a breakdown of the KCB Bank to M-Pesa transfer charges for 2023.

KCB Bank to M-Pesa Transfer Charges 2023

1 – 100 0
101 – 500 11.20
501 – 1,000 13.60
1,001 – 1,500 16
1,501 – 2,500 26
2,501 – 3,500 38
3,501 – 5,000 50
5,001 – 7,500 64
7,501 – 20,000 76
20,000 – 150,000 78

It is worth noting that these charges are subject to change at any time.

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Nigel Jr.
As a tech enthusiast and expert, Nigel Jr. is dedicated to providing in-depth and insightful content on all things technology. With a background in online journalism, product reviewing, and tech creation, Nigel has become a trusted source for all things tech.

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