PesaLink is an innovative instant money transfer service that allows users to send and receive funds directly between bank accounts across Kenya. Operated by Integrated Payments Service Limited (IPSL) in collaboration with various local banks, including Bank of Africa, PesaLink simplifies the process of sending money between different banks. It operates 24/7, ensuring that transactions are completed in real-time, regardless of the day or time.
With PesaLink, Bank of Africa customers can transfer amounts ranging from Ksh 10 to Ksh 999,999 seamlessly and securely. This service is especially useful for personal and business transactions due to its convenience and speed.
Bank of Africa PesaLink Charges
Below is a detailed breakdown of the transaction charges for sending money via PesaLink from a Bank of Africa account:
| Amount (Ksh) | Charges (Ksh) |
|---|---|
| 10 – 1,000 | Free |
| 1,001 – 1,500 | 15 |
| 1,501 – 5,000 | 30 |
| 5,001 – 10,000 | 50 |
| 10,001 – 50,000 | 100 |
| 50,001 – 100,000 | 110 |
| 100,001 – 500,000 | 180 |
| 500,001 – 999,999 | 200 |
Benefits of Using PesaLink with Bank of Africa
- No Fees for Small Transactions: One of the major benefits for Bank of Africa customers is that transfers between Ksh 10 and Ksh 1,000 are completely free.
- Real-Time Transfers: Transactions are processed instantly, meaning that recipients receive their funds within seconds.
- Cost-Effective: PesaLink offers competitive rates for transactions, with charges starting as low as Ksh 15 for amounts between Ksh 1,001 and Ksh 1,500.
- High Transaction Limits: You can transfer up to Ksh 999,999 in a single transaction, making PesaLink ideal for both small and large transfers.
How to Use PesaLink
You can access the PesaLink service through Bank of Africa’s mobile banking app, internet banking, or by visiting a Bank of Africa branch. The service ensures flexibility in how you initiate transactions, offering ease of use through digital platforms.
Bank of Africa Contacts
For any inquiries or assistance with PesaLink or other banking services, you can reach Bank of Africa using the following contact details:
- Phone: 0703058000, 0203275000
- Email: yoursay@boakenya.com
IPSL Contacts
For additional queries related to PesaLink services, you can contact Integrated Payments Service Limited (IPSL) at:
- Phone: 0709 485000, 020 2219520
- Email: info@ipsl.co.ke
PesaLink offers Bank of Africa customers a fast, secure, and affordable way to transfer money between banks across Kenya. With charges tailored to suit both small and large transactions, and the convenience of instant transfers, PesaLink is a highly efficient service for everyday banking needs. Whether you are sending funds for personal use or for business, the service ensures your money reaches its destination in real time.
