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The Central Bank of Kenya has introduced that it will begin charging charges for bank-to-cellular cash transfers on January 1, 2023.
The provider of loose transfers to cellular cash wallets will not be to be had as of the brand new 12 months and could now be situation to a transactional fee, with unique charges for NCBA Bank being provided.
NCBA to M-PESA, Airtel Money Charges Effective 2023Charges
| Tariffs (KES) | To M-PESA in KES | To Airtel Money in KES |
| 1-100 | 0 | 0 |
| 101-500 | 10 | 11 |
| 501-1000 | 12 | 18 |
| 1001-1500 | 14 | 20 |
| 1501-2500 | 23 | 25 |
| 2501-3500 | 33 | 35 |
| 3501-5000 | 43 | 45 |
| 5001-7500 | 55 | 55 |
| 7501-20,000 | 65 | 65 |
| 20,001-150,500 | 67 | 65 |
Read Also: Family bank to Airtel money Mpesa withdrawal charges effective 2023.
