PesaLink is an instant money transfer service that has revolutionized interbank transfers in Kenya, allowing users to send money across local banks in real-time, 24/7. The service, managed by Integrated Payments Service Limited (IPSL), enables customers to transfer funds securely and efficiently without the need for mobile money wallets or third-party platforms. In this article, we’ll break down the PesaLink charges for customers of National Bank of Kenya (NBK) and explore why this service is a convenient option for both personal and business transactions.
Overview of PesaLink
PesaLink provides a direct way to send money between bank accounts within Kenya, with a transfer range starting from as low as Ksh 10 to as high as Ksh 999,999 per transaction. The real-time nature of PesaLink makes it particularly useful for time-sensitive transactions, such as paying suppliers, sending money to family members, or conducting urgent business payments.
National Bank of Kenya (NBK) is one of the many banks in Kenya that offer PesaLink services. Below are the charges associated with various transfer amounts.
National Bank PesaLink Transactional Charges
For National Bank customers, the following charges apply when transferring funds via PesaLink:
| Amount | Charges (Ksh) |
|---|---|
| Ksh 10 – 500 | Free |
| Ksh 501 – 10,000 | 45 |
| Ksh 10,001 – 50,000 | 65 |
| Ksh 50,001 – 100,000 | 80 |
| Ksh 100,001 – 200,000 | 115 |
| Ksh 200,001 – 500,000 | 150 |
| Ksh 500,001 – 999,999 | 150 |
The fee structure provides a cost-effective option for customers, with smaller transactions under Ksh 500 being completely free and larger transactions, such as those above Ksh 500,000, incurring a flat fee of Ksh 150.
Why Use PesaLink with National Bank?
- Instant Transactions: PesaLink allows you to send money in real-time, which ensures your funds reach the recipient immediately. This is especially useful for urgent transfers.
- 24/7 Availability: Unlike traditional banking methods that may be limited to working hours, PesaLink operates around the clock, even on weekends and public holidays.
- Secure and Reliable: Backed by IPSL and your bank, PesaLink ensures a high level of security for your transactions, giving you peace of mind.
- Wide Transfer Range: PesaLink allows you to send as little as Ksh 10 and up to Ksh 999,999 per transaction, offering flexibility for both small and large transfers.
- No Mobile Wallet Needed: PesaLink transfers money directly between bank accounts, bypassing the need for mobile wallets, which can simplify the process for users who prefer banking directly.
How to Access PesaLink via National Bank
National Bank customers can make PesaLink transfers through multiple platforms:
- Mobile Banking App: NBK’s mobile banking app allows for easy access to PesaLink, enabling you to send money directly from your phone.
- Internet Banking: PesaLink is also accessible via the bank’s internet banking platform, offering convenience for customers who prefer managing their accounts online.
- Branch Access: For customers who prefer in-person service, PesaLink transfers can be made at any National Bank branch across the country.
National Bank Contacts
If you have any inquiries or encounter issues with PesaLink services at National Bank, you can reach the bank through the following contacts:
- Phone: 020 282 8900 / 0703 088 900 / 0732 118 900
- Email: customercare@nationalbank.co.ke
IPSL Contacts for PesaLink Support
For general inquiries or issues related to PesaLink, you can contact IPSL, the service provider, using the following details:
- Phone: 0709 485000 / 020 2219520
- Email: info@ipsl.co.ke
PesaLink at National Bank of Kenya provides a fast, secure, and cost-effective solution for transferring money between local banks. With free transfers for amounts under Ksh 500 and competitive rates for higher transactions, it is a practical choice for both personal and business needs. Whether you’re sending money to family, making payments, or conducting business transactions, PesaLink ensures your funds are transferred safely and instantly, 24/7.
