Are you wondering how much it costs to transfer money from your Stanbic Bank account to Mpesa? This article provides a breakdown of the charges for withdrawing money from Stanbic Bank to Mpesa, one of Kenya’s most popular mobile money platforms.
Stanbic Bank, a Tier 1 financial institution with over 25 branches across Kenya, offers convenient methods for transferring money to Mpesa. You can do this by dialing *208# and following the prompts or using the Stanbic Mobile App, making it easy to access your funds anytime, anywhere.
Stanbic to Mpesa Transfer Charges
Here is the breakdown of the charges based on the transaction amount:
| Transaction Range | Charges (Ksh) |
|---|---|
| Ksh 1 – 100 | 0 |
| Ksh 101 – 500 | 11 |
| Ksh 501 – 1,000 | 15 |
| Ksh 1,001 – 1,500 | 18 |
| Ksh 1,501 – 2,500 | 25 |
| Ksh 2,501 – 3,500 | 35 |
| Ksh 3,501 – 5,000 | 47 |
| Ksh 5,001 – 7,500 | 57 |
| Ksh 7,501 – 20,000 | 67 |
| Ksh 20,001 – 150,000 | 70 |
The charges are designed to be affordable, making it convenient for Stanbic Bank customers to access their funds via Mpesa, especially for small and medium transactions.
How to Transfer Money from Stanbic to Mpesa
- Via USSD Code:
- Dial *208# on your phone.
- Follow the prompts to transfer funds to your Mpesa account.
- Via Stanbic Mobile App:
- Open the Stanbic Mobile App.
- Log in to your account.
- Navigate to the transfer options and choose Mpesa as the destination for your withdrawal.
Both methods are simple and quick, ensuring you have access to your money when you need it.
Stanbic Bank Kenya Contacts
For any queries or assistance with transferring funds, you can contact Stanbic Bank through the following channels:
- Phone: 0711 068 888 / 0732 113 888
- Email: customercare@stanbic.com
With these options and clear transfer charges, moving money from Stanbic Bank to Mpesa is straightforward and cost-effective.
