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Home » How to Transfer Money From M-Pesa to Consolidated Bank: A Step-by-Step Guide

How to Transfer Money From M-Pesa to Consolidated Bank: A Step-by-Step Guide

NyongesaSande News Desk by NyongesaSande News Desk
6 months ago
in How To
Reading Time: 4 mins read
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How to Report Mpesa Fraudsters in Kenya: A Comprehensive Guide

Looking to transfer money from your M-Pesa account to Consolidated Bank seamlessly and securely? Whether you are paying bills, saving, or supporting a business, M-Pesa provides a fast and convenient way to send money directly to your Consolidated Bank account.

  • M-Pesa to Consolidated Bank: Step-By-Step Transfer Guide
    • Steps to Transfer Money
  • Why Use Consolidated Bank Mobile Banking?
    • Features of Consolidated Bank Mobile Banking:
  • Consolidated Bank Contact Information
    • SEO Details:

In this comprehensive guide, we will walk you through the exact steps to make the transfer and highlight the features of Consolidated Bank’s mobile banking service. Plus, we’ll provide you with the bank’s contact details in case you need assistance.


M-Pesa to Consolidated Bank: Step-By-Step Transfer Guide

Transferring money from M-Pesa to Consolidated Bank is a straightforward process. By following these quick steps, you can complete your transaction effortlessly:

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Steps to Transfer Money

  1. Open Your M-Pesa Menu
    On your phone, access the M-Pesa menu.
  2. Select ‘Lipa na M-Pesa’
    From the menu options, choose Lipa na M-Pesa (Paybill).
  3. Choose Paybill Option
    After selecting Lipa na M-Pesa, choose the Paybill option.
  4. Enter the Paybill Number: 508400
    Enter Consolidated Bank’s official Paybill number 508400.
  5. Enter Your Consolidated Bank Account Number
    Input your full Consolidated Bank account number as the account number.
  6. Enter the Amount You Want to Send
    Specify the amount of money you wish to transfer.
  7. Enter Your M-Pesa PIN
    Key in your M-Pesa PIN and confirm the transaction.
  8. Get Confirmation
    After completing the steps, you will receive an SMS confirmation from both M-Pesa and Consolidated Bank, confirming that your transfer was successful.

Why Use Consolidated Bank Mobile Banking?

Consolidated Bank offers a comprehensive mobile banking service that lets you manage your account on the go. Here’s why using Consolidated Bank’s mobile banking is a great choice:

Features of Consolidated Bank Mobile Banking:

  • Check Your Balance & View Mini Statement
    Quickly access your bank balance and recent transactions through your mobile phone.
  • Stop Lost ATM Cards or Cheque Payments
    Instantly block your ATM card or stop payments if you’ve lost your card.
  • Buy Airtime and Request Banking Services
    Use mobile banking to buy airtime or request an ATM card and cheque book.
  • Send/Receive Money Using PesaLink
    Seamlessly transfer money between banks using PesaLink, directly from your phone.
  • Pay Bills
    Pay your utility bills such as KPLC, DSTV, GOTV, Zuku, and Nairobi Water effortlessly.
  • Change Your PIN & Set Transaction Alerts
    Change your mobile banking PIN securely and set alerts to stay informed of every transaction.
  • Send/Receive Money Between M-Pesa and Your Bank
    Transfer money between your M-Pesa account and Consolidated Bank easily.

Consolidated Bank Contact Information

If you have any questions or need help with your transaction, Consolidated Bank’s customer service is ready to assist:

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  • Location: Consolidated Bank House, 23 Koinange Street, Nairobi
  • Phone:
    0703 016 000 / 0703 016 400 / 0703 016 402
  • Email: [email protected]

SEO Details:

  • Focus Keyword: Transfer Money from M-Pesa to Consolidated Bank
  • Meta Description: Learn how to transfer money from M-Pesa to Consolidated Bank quickly and securely. Follow these simple steps to send money to your bank account using M-Pesa.
  • Slug: transfer-money-from-mpesa-to-consolidated-bank
  • Tags: M-Pesa, Consolidated Bank, Kenya, Paybill, Mobile Banking, Bank Transfers, M-Pesa Payments

By following these easy steps, you can easily and securely transfer money from M-Pesa to your Consolidated Bank account. This process saves time, ensures fast transactions, and eliminates the need to visit the bank. Enjoy the convenience of managing your finances with just a few clicks on your phone!

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