Equity Bank Kenya customers make Mpesa transfers when they withdraw money from their bank account to their linked Safaricom Mpesa numbers – but usually at a price.
Equity Bank to Mpesa transfer is a convenient way of sending money from your bank account to your Mpesa wallet for day-to-day transactions as many Kenyans are familiar with Mpesa and use it daily to pay for purchases and bills through Mpesa for Business services Lipa na Mpesa Tills, Pochi La Biashara, Pay bill numbers and more.
Furthermore, it is generally safe, speedy, and flexible as you can transfer large amounts of money up to Ksh150,000 from as low as Ksh100 at minimal outgoing fees to facilitate the transaction.
As an Equity Bank customer in Kenya, it is important to know what the bank will charge you every time you want to transfer funds from Equity to Mpesa. Here are its charges for 2024;
Equity Bank to Mpesa transaction charges
Here is what it will cost you when making an Equity Bank to Mpesa transfer in 2024. It is free to send amounts below Ksh100, but transaction costs apply to all other tariff bands. Check out:
| Equity to Mpesa transfer amount | Charges (2024) |
| Ksh1 – Ksh100 | FREE |
| Ksh101 – Ksh500 | Ksh10 |
| Ksh501 – Ksh1,000 | Ksh12 |
| Ksh1,001 – Ksh1,500 | Ksh14 |
| Ksh1,501 – Ksh2,500 | Ksh23 |
| Ksh2,501 – Ksh3,500 | Ksh33 |
| Ksh3,501 – Ksh5,000 | Ksh43 |
| Ksh5,001 – Ksh7,500 | Ksh55 |
| Ksh7,501 – Ksh20,000 | Ksh65 |
| Ksh20,001 – Ksh150,000 | Ksh67 |
For any queries, Equity Bank customer care is reachable at +254 763 000 000 and on their social channels.
