Updates
Account to Mobile Wallet Charges
Dear Esteemed Customer,
We will be reintroducing the bank to mobile money wallet transfer charges with effect from 1st March 2023. The details of the new charges are as indicated in the table below for Account to Mpesa (Safaricom) and Account to Airtel Money.
Account to Mobile Wallet |
||||||
Transaction Bands (KES) |
Safaricom |
SBM |
Total |
Airtel |
SBM |
Total |
0 - 100 | Free | Free | Free | Free | Free | Free |
101 - 500 | 4 | 6 | 10 | 5 | 6 | 11 |
501 - 1,000 | 4 | 8 | 12 | 5 | 8 | 13 |
1001 - 1,500 | 4 | 10 | 14 | 8 | 10 | 18 |
1501 - 2,500 | 8 | 15 | 23 | 10 | 15 | 25 |
2501 - 3,500 | 8 | 25 | 33 | 10 | 25 | 35 |
3501 - 5,000 | 8 | 35 | 43 | 10 | 35 | 45 |
5001 - 7,500 | 10 | 45 | 55 | 10 | 45 | 55 |
7501 - 20,000 | 10 | 55 | 65 | 10 | 55 | 65 |
20001 - 150,000 | 12 | 55 | 67 | 10 | 55 | 65 |
For more information, click here to see the FAQs.
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