Transfer money easily between your bank and M-PESA. Enjoy Convenience with the ability to access money from your account any time whether the bank is open or not. This will help you save on time and the cost of travelling to your branch plus the hustle of queuing. KENYA MOBILE BANKING CODES AND PAYBILLS
Since the service is accessed through your mobile phone, it lowers the risk associated with handling cash. You can use the cash withdrawn to pay utility bills, pay for purchases and for money transfer. This makes Bank to M-PESA very convenient in emergency situations.
What is mobile banking?
Mobile banking is a service provided by a bank or financial institution that allows its customers to make transactions using their cell phone.In Kenya,mobile banking is popular in major banks such as KCB,Equity,Family Bank and Standard Chartered just to mention a few.
What is a USSD code?
USSD stands for Unstructured Supplementary Service Data and is a global system of mobile communications (GSM) that is used to send text messages.Mobile banking USSD code provides financial services via cell phones without requiring access to the user’s sim card.
What is a Paybill?
Paybill is a service that enables an organisation to collect cash from its customers on a regular basis through Mpesa.In this case it is a bank that collects cash from its customers when they decide to deposit to their account via their cell phones.
This service is available to M-PESA registered customers through:
- Via USSD for Bank to M-PESA
- To enjoy the service, register for Mobile banking with your bank and register for M-PESA at any agent outlet countrywide. Registration is FREE.
How to do a Bank to M-PESA transaction
- This service is available via USSD (short) code.
- You need to register for mobile banking or internet banking with your branch to get the short code to allow you move money from your bank account into your M-PESA account conveniently.
- Simply dial the USSD number and follow the instructions (this menu is different for different banks)
How to do an M-PESA to Bank Transaction
- This is service is available via PayBill.
- Simply follow the following simple steps:
- Go to M-PESA menu on your phone
- Go to Lipa na M-PESA, PayBill option
- Enter the banks business number (consult with bank)
- Enter account number which is your bank account number
- Enter amount
- Enter M-PESA pin.
- SMS confirmation received on phone
Benefits of Mpesa paybill for banks
- Safe method to receive payments
- Convenient and there is no need to search for change
- Instant payment with no delays
- Cheap to use
- Easy to perform reconciliation.
Uses of the PayBill Service
- Utility bills – water, power, Pay TV.
- Rent payments – Lipa Kodi
- School fees payments – Lipa Karo
- Bank/SACCO account deposits
- Statutory payments – NHIF, NSSF, KRA
- Top up of pre-pay cards – fuel cards, debit cards e.g. Nakumatt Global.
Use Cases of PayBill Service
- Banks aggregate payments for merchants that Bank with them
- Cashless Distribution where distributors require account number details e.g. invoice numbers
- County Revenue Collection – set up different PayBill accounts for the different revenue collection points, but centralize banking
List of All Mobile Banking USSD Codes,Paybills for all Banks in Kenya
Mobile Banking Codes/Paybills
These USSD codes allow you to process a range of transactions straight from your mobile phone.
These include transferring money from one account to another, from bank to bank or from bank to phone (Mpesa, Airtel money, Yu cash and Orange money), these short codes will also allow you to buy goods, retrieve statements and so much more.
USSD banking has many benefits. It is easy and quick to use, available around the clock, there are no data charges and allows you to keep track of your financial activity to name a few.
Everyone should know what the USSD banking codes of their bank are.
Below are short codes to access mobile banking services for selected financial institutions in Kenya:
Note: [Bank] – [Bank to M-PESA (USSD)] – [M-PESA to Bank (Paybill no.)]
1. KCB *522# 522522
2. Comm. Bank of Africa *654# 880100
3. Co-operative Bank *667# 400200
4. Standard Chartered Bank *722# 329329
5. Barclays Bank K LTD *224# 303030
6. NIC Bank Limited *488# / APP 488488
7. Family Bank Ltd *325# 222111
8. CFC Stanbic *208# 600100
9. Equity Bank *247# 247247
10. National Bank *625# 547700
11. Chase Bank * 275# 552800
12. I & M Bank Limited *458# 542542
13. Diamond Trust Bank (DTB) *385# 516600
14. Ecobank *335# 700201
15. Jamii Bora Bank *344# 529901
16. IMPERIAL BANK LTD *356# 800100
17. ABC Bank APP 111777
18. Credit Bank *699# 972700
19. Consolidated Bank LTD *262# 508400
20. Equatorial Commercial Bank *286# 498100
21. K-REP BANK *527# 111999
22. Transnational Bank *862# 862862
23. Post Office Savings Bank *498# 200999
24. Gulf African Bank *399# 985050
25. Housing Finance Company Ltd *231# 100400
26. Bank of Africa (BOA) *987# 972900
27. UBA Bank *368# 559900
28. Guardian Bank *356# 344501
29. Prime Bank APP 982800
30. Guaranty Trust Bank APP 910200
Note: [DTM] [Bank to M-PESA (USSD)] [M-PESA to Bank (paybill no.)]
1. KWFTDTM *378# 101200
2. SMEP DTM *741# 777001
3. Musoni *279# 514000
4. Vision Fund Kenya *985# 200555
5. Rafiki DTM *366# 802200
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