Full List of Banks on PesaLink

PesaLink is a real-time, 24-hour digital payment service that allows seamless bank-to-bank transfers at a low cost in Kenya. Launched in 2017 by Integrated Payment Services Limited (IPSL), a subsidiary of the Kenya Bankers Association (KBA), PesaLink enables users to send and receive money directly from their bank accounts via their mobile phone numbers, making financial transactions faster, more convenient, and cost-effective.

One of the major benefits of PesaLink is its ability to process transactions instantly, with users able to send amounts ranging from as little as Ksh 10 to as much as Ksh 999,999. The service is accessible through various bank channels, including mobile banking apps, USSD codes, internet banking, ATMs, agency banking, and bank branches, offering flexibility and convenience to millions of customers.

How PesaLink Works

PesaLink is designed to be user-friendly, whether you’re sending money to a phone number or directly to a bank account. Here’s how you can link your phone to PesaLink and start using it:

How to Link Your Phone on PesaLink:

1. Choose your preferred banking channel, such as mobile app, USSD, ATM, internet banking, agency, or bank branch.
2. Select the “PesaLink” option from the menu.
3. Opt for “Link Your Phone.”
4. Choose the account number you want to link.
5. Confirm whether you’d like to designate this account as your primary payment account.
6. Review the details displayed and confirm.
7. You’ll receive an SMS notification confirming the successful linking of your phone.

How to Send Money Using PesaLink:

• To a Phone Number:
  1. Select PesaLink from your bank’s menu.
  2. Choose “Send To Phone.”
  3. Enter the recipient’s phone number.
  4. Select the bank from the list of participating institutions.
  5. Enter the amount to transfer.
  6. Provide the reason for payment.
  7. Confirm the details displayed, including the recipient’s name, bank, and amount.
  8. You’ll receive an SMS notification confirming the transaction.
• To a Bank Account:
  1. Select PesaLink from your bank’s menu.
  2. Choose “Send To Account.”
  3. Enter the recipient’s account number.
  4. Select the first letter of the recipient’s bank name from a list.
  5. Choose the bank name.
  6. Enter the amount to transfer.
  7. Provide the reason for payment.
  8. Confirm the transaction details.
  9. You will receive an SMS confirming the transfer, including the account number, bank, and amount.

List of Banks on PesaLink

The service is supported by all member banks of the Kenya Bankers Association (KBA). Below is the list of banks currently available on PesaLink:

1. Absa Bank Limited
2. African Banking Corporation Ltd (ABC Bank)
3. Bank of Africa Kenya Ltd
4. Bank of India
5. Bank of Baroda (K) Ltd
6. Caritas Microfinance Bank
7. Citibank N.A.
8. Consolidated Bank of Kenya Ltd
9. Co-operative Bank of Kenya Ltd
10. Credit Bank Ltd
11. Development Bank of Kenya Ltd
12. Diamond Trust Bank (K) Ltd
13. Dubai Islamic Bank (Kenya) Ltd
14. Ecobank Limited
15. Spire Bank
16. Equity Bank Ltd
17. Family Bank Ltd
18. Faulu Microfinance Bank
19. Guaranty Trust Bank
20. First Community Bank Ltd
21. Guardian Bank Ltd
22. Gulf African Bank Ltd
23. Habib Bank A.G. Zurich
24. HFC Ltd
25. I&M Bank Ltd
26. KCB Bank Kenya Ltd
27. Kenya Women Microfinance Bank
28. Kingdom Bank Limited
29. Mayfair Bank Ltd
30. Middle East Bank (K) Ltd
31. M Oriental Bank Ltd
32. National Bank of Kenya Ltd
33. NCBA Bank Kenya
34. Paramount Universal Bank Ltd
35. Prime Bank Ltd
36. Postbank
37. Rafiki Microfinance Bank
38. Sidian Bank
39. Stanbic Bank Ltd
40. Standard Chartered Bank (K) Ltd
41. SBM Bank (Kenya) Ltd
42. Transnational Bank Ltd
43. UBA Kenya Bank Ltd
44. Victoria Commercial Bank Ltd

Benefits of Using PesaLink

PesaLink stands out in the digital payment space due to several advantages:

• Affordability: The service charges lower fees compared to traditional bank transfers or mobile money services.
• Speed: Transfers are instant, with funds reaching the recipient’s bank account immediately.
• Availability: PesaLink operates 24/7, ensuring you can send or receive money at any time.
• Diverse Payment Channels: The service is accessible through multiple banking channels, offering flexibility and ease of access.

Conclusion

PesaLink has revolutionized the way Kenyans conduct inter-bank transactions by providing a fast, reliable, and cost-effective solution. With a vast network of participating banks, PesaLink continues to grow in popularity, providing users with a seamless banking experience.

PesaLink Contacts

For further inquiries, you can contact PesaLink through:

• Location: International House, 7th Floor, Mama Ngina Street, Nairobi
• Phone: 020 2219520, 020 2221792, 0709 485000