If you are an NCBA customer and want to transfer money to your Mpesa account, you may be wondering about the associated charges. In this article, we will provide a detailed breakdown of the transfer charges when withdrawing money from an NCBA account to Mpesa.
NCBA, a Tier 1 bank in Kenya with over 90 branches, offers its customers convenient ways to move money between their bank accounts and mobile wallets such as Mpesa. Whether you use the *488# USSD code or the NCBA NOW Mobile App, transferring money is quick and easy.
How To Transfer Money from NCBA to Mpesa
There are two primary methods for withdrawing money from your NCBA account to Mpesa:
- Via USSD (*488#): Dial *488# from your registered phone number, follow the prompts, and select the option to transfer funds to Mpesa.
- Using NCBA NOW Mobile App: If you prefer banking via mobile apps, download the NCBA NOW Mobile App, log into your account, and initiate the transfer to Mpesa directly from the app.
NCBA to Mpesa Transfer Charges
Here’s a detailed breakdown of how much it costs to transfer money from NCBA to Mpesa, depending on the transaction amount:
Transaction Range (Ksh) | Charges (Ksh) |
---|---|
1 – 100 | 0 |
101 – 500 | 10 |
501 – 1,000 | 12 |
1,001 – 1,500 | 14 |
1,501 – 2,500 | 23 |
2,501 – 3,500 | 33 |
3,501 – 5,000 | 43 |
5,001 – 7,500 | 55 |
7,501 – 20,000 | 65 |
20,001 – 150,000 | 67 |
Key Takeaways
- Free Transfers: Transactions between Ksh 1 and 100 are free of charge.
- Low Charges: Small amounts between Ksh 101 and 500 incur minimal fees (Ksh 10).
- Moderate Fees: For larger transfers, such as those between Ksh 7,501 and 20,000, the charges rise to Ksh 65.
- Maximum Fee: The highest charge is Ksh 67 for transfers exceeding Ksh 20,001 and up to Ksh 150,000.
Whether you’re moving small sums or large amounts, NCBA provides an affordable way to manage your money transfers to Mpesa.
NCBA Bank Contacts
For any inquiries or further assistance, you can reach NCBA Bank through the following contact details:
- Phone: 020 2884444, +254 711 056444, +254 732 156444
In conclusion, transferring money from NCBA to Mpesa is easy and cost-effective, with charges ranging from as low as Ksh 0 for small amounts to a maximum of Ksh 67 for larger transactions.