NCBA to M-PESA, Airtel Money Charges Effective 2023

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NCBA

The Central Bank of Kenya has announced that it will start charging fees for bank-to-mobile money transfers on January 1, 2023.

READ MORE: Family Bank to M-PESA, Airtel Money Charges Effective 2023

These fees were previously suspended during the COVID-19 pandemic but were requested to be reinstated by the financial industry in Kenya.

READ: Transaction Charges for Sending Money from National Bank to M-PESA, Airtel Money in 2023

The service of free transfers to mobile money wallets will no longer be available as of the new year and will now be subject to a transactional fee, with specific fees for NCBA Bank being provided.

READ AGAIN: Here Are KCB to M-PESA Transaction Charges Effective 2023

Here are the charges:

Tariffs (KES)To M-PESA in KESTo Airtel Money in KES
1-10000
101-5001011
501-10001218
1001-15001420
1501-25002325
2501-35003335
3501-50004345
5001-75005555
7501-20,0006565
20,001-150,5006765

READ MORE: Here Are I&M Bank to M-PESA Charges Effective 2023

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Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]