Transferring money from your Absa Bank account to Mpesa is a convenient and straightforward process that many Kenyans rely on. Absa, a Tier 1 bank with over 120 branches across the country, is one of the leading financial institutions in Kenya, offering a variety of products and services tailored to meet the needs of its customers.
Whether you need to send money for personal or business purposes, understanding the costs associated with transferring funds from your Absa account to Mpesa is essential. This guide will take you through the latest Absa Mpesa transfer charges and how to complete your transactions seamlessly.
How to Transfer Money from Absa to Mpesa
There are two main ways to transfer money from your Absa bank account to your Mpesa wallet:
- USSD Code: You can withdraw money by dialing Absa’s mobile banking USSD *224#. Follow the on-screen prompts to transfer funds from your account directly to Mpesa.
- Absa Kenya App: If you prefer using the app, simply log into your Absa Kenya mobile banking app and follow the instructions to send money to Mpesa.
Both methods are fast, secure, and accessible to all Absa customers, ensuring that you can move your money at your convenience.
Absa Account to Mpesa Transfer Charges
Below is a breakdown of the charges for transferring money from your Absa account to Mpesa, based on the transaction amount:
| Transaction Range (Ksh) | Charges (Ksh) |
|---|---|
| 1 – 100 | 0 |
| 101 – 500 | 12.20 |
| 501 – 1,000 | 16.60 |
| 1,001 – 1,500 | 20 |
| 1,501 – 2,500 | 28 |
| 2,501 – 3,500 | 40 |
| 3,501 – 5,000 | 54 |
| 5,001 – 7,500 | 66 |
| 7,501 – 10,000 | 78 |
| 10,001 – 15,000 | 78 |
| 15,001 – 20,000 | 78 |
| 20,001 – 150,000 | 81 |
As you can see, transfers within the range of Ksh 1 to Ksh 100 are free, while charges increase with higher amounts. The highest charge is Ksh 81 for transactions ranging between Ksh 20,000 and Ksh 150,000.
Why Choose Absa for Your Mpesa Transfers?
Absa Bank Kenya is renowned for its robust banking infrastructure, competitive fees, and a seamless mobile banking experience. Whether you are sending money for day-to-day expenses, paying bills, or conducting business transactions, Absa provides a secure and efficient platform for your banking needs.
With these competitive transfer fees, customers can manage their finances easily without worrying about exorbitant charges. Additionally, Absa’s mobile banking services offer convenience at your fingertips, allowing you to transfer money at any time from the comfort of your home or office.
Absa Kenya Contacts
For more information or assistance with your Mpesa transfers, you can reach Absa Kenya through the following channels:
- Phone: 0722 130 120, 0732 130 120
- Email: absa.kenya@absa.africa
Absa Bank continues to innovate and improve its mobile banking services, ensuring that customers enjoy smooth and reliable money transfer options to Mpesa and other platforms.
