Equity Bank Kenya To M-Pesa Withdrawal Charges For 2023: A Comprehensive Guide for Mpesa And Airtel Money Wallets
Stay informed on the latest Mpesa and Airtel Money withdrawal charges for Equity Bank Kenya in 2023. Learn about the fees for these mobile wallet services, as well as the bank's other mobile banking options, including the Equity Mobile App, EazzyBanking App, USSD *247#, and Equitel STK
Mobile banking is revolutionizing how we manage our finances, offering unprecedented convenience and simplicity. Among the leading figures in this digital revolution is Equity Bank Kenya, providing versatile options for mobile banking. Their platforms include Equity Mobile App, EazzyBanking App, USSD *247#, and Equitel STK. In this guide, however, our primary focus will be on Mpesa and Airtel Money, their withdrawal charges for 2023, and their potential impact on you.
2023 Equity Mpesa And Airtel Withdrawal Charges
What Are the Charges?
The charges vary depending on the withdrawal amount. Here's a quick rundown:
| From (KES) | To (KES) | M-PESA (KES) | Airtel Money (KES) |
| 1 | 100 | 0 | 0 |
| 101 | 500 | 10 | 11 |
| 501 | 1000 | 12 | 13 |
| 1001 | 1500 | 14 | 20 |
| 1501 | 2500 | 23 | 25 |
| 2501 | 3500 | 33 | 35 |
| 3501 | 5000 | 43 | 45 |
| 5001 | 7500 | 55 | 55 |
| 7501 | 20000 | 65 | 65 |
| 20001 | 150,000 | 67 | 65 |
Remember, the specifics of your Equity Bank account may lead to slight variations in these charges. So, always check with your bank for the latest and most accurate details.
How to Withdraw Money from Equity to Mpesa
Money Transfers via USSD Code 247#
Here are the steps to follow:
- Dial *247#
- Choose your preferred language
- If your Equity account is linked, enter your banking PIN. If not, follow the prompts to link your account.
- Follow the onscreen Eazzy 247 guides
- Choose the account you want to withdraw from
- Select the 'withdraw' option
- Select 'to Mpesa'
- Input the Mpesa mobile number you're sending to
- Enter the withdrawal amount
- Once done, you'll receive an SMS from Equity Bank confirming a successful transaction and an additional one from Mpesa.
Transfers Using Equitel Line
Equitel line holders can use their line to move money to Mpesa quickly. Here are the steps:
- Access the Equitel sim toolkit on your phone
- Select 'My Money
- Click 'Send/Pay'
- Choose the Equity account you're withdrawing from
- Choose 'To Others'
- Select 'Mpesa'
- Enter the Mpesa mobile phone number you're sending to
- Input the amount you're transferring
- Confirm the details are correct
- Enter your Equitel PIN and approve the withdrawal
- You'll receive a confirmation message from both Equity Bank and Mpesa.
Money Transfers via Eazzy Banking App
The Eazzy Banking app allows easy withdrawal from your Equity account to Mpesa. Here's how:
- Install the Eazzy Banking app from Google Play Store or Apple Store
- Link your Equity bank account
- On the homepage, select 'Send to Mpesa.'
- Input the Mpesa mobile number or choose from your contacts
- Enter the transfer amount
- Input your Eazzy Banking PIN
- You'll receive an SMS with a unique code from Equity
- Input this code to complete the transaction
Conclusion
Equity Bank customers must keep up-to-date with the changes in withdrawal charges for Mpesa and Airtel Money in 2023. By understanding these charges and exploring other mobile banking solutions offered by Equity Bank Kenya, customers can effectively manage their finances, make payments, and transfer
Disclaimer!!!
This article is intended for informational purposes only and does not constitute financial advice. Rates are as per Equity Bank's published rates as of January 1, 2023, and are subject to change. Always confirm the current charges with Equity Bank before initiating a transaction.
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