As of 16^th March 2020 charges for money transfers between bank accounts to money mobile money accounts were suspended due to covid-19 pandemic in order to ease the tough times then.

However, after a series of complaints from several commercial banks to reinstate the charges, it is now official that the transaction charges have now returned since the beginning of the year 2023.

Here are the new charges of Banks-M-PESA charges, excluding government taxes.

EQUITY BANK TRANSACTION CHARGES TO M-PESA AND AIRETL MONEY

AMOUNT(KSH)	TO M-PESA(KSH)	TO AIRTEL MONEY(KSH)
1-100	0	0
101-500	10	11
501-1,000	12	13
1,001-1,500	14	20
1,501-2,500	23	25
2,501-3,500	33	35
3,501-5,000	43	45
5,001-7,500	55	55
7,501-20,000	65	65
20,000-150,000	67	65

NCBA TRANSACTION CHARGES TO M-PESA AND AIRTEL MONEY

AMOUNT(KSH)	TO M-PESA(KSH)	TO AIRTEL MONEY(KSH)
1-100	0	0
101-500	10	11
501-1,000	12	13
1,001-1,500	14	20
1,501-2,500	23	25
2,501-3,500	33	35
3,501-5,000	43	45
5,001-7,500	55	55
7,501-20,000	65	65
20,000-150,500	67	65

NATIONAL BANK TRANSACTION CHARGES TO M-PESA AND AIRTEL MONEY

AMOUNT(KSH)	TO M-PESA(KSH)	TO AIRTEL MONEY(KSH)
1-100	0	0
101-500	10	11
501-1,000	12	13
1,001-1,500	14	20
1,501-2,500	23	25
2,501-3,500	33	35
3,501-5,000	43	45
5,001-7,500	55	55
7,501-20,000	60	60
20,000-150,000	67	65

FAMILY BANK TRANSACTION CHARGES TO MOBILE MONEY ACCOUNT

AMOUNT(KSH)	TO M-PESA(KSH)	TO AIRTEL MONEY(KSH)
1-100	0	0
101-500	10	11
501-1,000	12	13
1,001-1,500	14	20
1,501-2,500	23	25
2,501-3,500	33	35
3,501-5,000	43	45
5,001-7,500	55	55
7,501-10,000	55	55
10,001-15,000	65	65
15,001-20,000	65	65
20,001-150,000	67	65

KCB TRANSACTION CHARGES TO M-PESA ACCOUNT

AMOUNT(KSH)	TO M-PESA(KSH)
1-100	0
101-500	11.20
501-1,000	13.60
1,001-1,500	16
1,501-2,500	26
2,501-3,500	38
3,501-5,000	50
5,001-7,500	64
7,501-20,000	76
20,000-150,000	78

STANCHART BANK TRANSACTION CHARGES TO M-PESA ACCOUNT

AMOUNT(KSH)	TO M-PESA(KSH)
1-100	0
101-500	11
501-1,000	15
1,001-1,500	18
1,501-2,500	25
2,501-3,500	35
3,501-5,000	47
5,001-7,500	57
7,501-20,000	67
20,000-150,000	70

DIAMOND TRUST BANK TRANSACTION CHARGES TO M-PESA

AMOUNT(KSH)	TO M-PESA(KSH)
1-100	0
101-500	11
501-1,000	15
1,001-1,500	18
1,501-2,500	25
2,501-3,500	35
3,501-5,000	47
5,001-7,500	57
7,501-20,000	67
20,000-150,000	70

I&M Bank to M-PESA transaction charges

AMOUNT(KSH)	TO M-PESA(KSH)
1-100	0
101-500	10
501-1,000	12
1,001-1,500	14
1,501-2,500	23
2,501-3,500	33
3,501-5,000	43
5,001-7,500	55
7,501-20,000	65
20,000-150,000	65