PesaLink is a fast, secure, and affordable platform for bank-to-bank money transfers in Kenya. Unlike other transfer services, it operates 24/7 and processes transactions instantly, making it an ideal choice for personal and business use. However, PesaLink charges differ from bank to bank, with each financial institution setting its own fees depending on the amount being transferred.
To help you make an informed decision and save on transaction fees, here’s a comprehensive guide on PesaLink charges for various banks in Kenya.
Understanding PesaLink Charges for Various Banks
Every bank has different tariffs for PesaLink transactions, based on the amount of money being transferred. Some banks offer free transfers for smaller amounts like Ksh 500 or less, while others have tiered charges for larger sums.
Knowing the fees beforehand can help you choose the most cost-effective bank when making PesaLink transactions. Let’s explore the charges set by different banks in Kenya.
PesaLink Charges for Popular Banks in Kenya
Here is a breakdown of the PesaLink charges for some of the most popular banks in Kenya:
- ABC Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 50
- 10,001 – 100,000: Ksh 80
- 100,001 – 999,999: Ksh 130
- Barclays Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 50
- 10,001 – 50,000: Ksh 50
- 50,001 – 100,000: Ksh 60
- 100,001 – 200,000: Ksh 70
- 200,001 – 999,999: Ksh 100
- Bank of Africa
- 10 – 500: Free
- 501 – 1,500: Ksh 15
- 1,501 – 5,000: Ksh 30
- 5,001 – 10,000: Ksh 50
- 10,001 – 50,000: Ksh 100
- 50,001 – 100,000: Ksh 110
- 100,001 – 500,000: Ksh 180
- 500,001 – 999,999: Ksh 200
- Co-op Bank
- 0 – 500: Free
- 501 – 10,000: Ksh 42
- 10,001 – 50,000: Ksh 62
- 50,001 – 70,000: Ksh 82
- 70,001 – 100,000: Ksh 82
- 100,001 – 200,000: Ksh 112
- Diamond Trust Bank
- 0 – 500: Free
- 501 – 10,000: Ksh 25
- 10,001 – 100,000: Ksh 35
- 100,001 – 999,999: Ksh 50
- Equity Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 37
- 10,001 – 50,000: Ksh 62
- 50,001 – 100,000: Ksh 87
- 100,001 – 200,000: Ksh 112
- 200,001 – 500,000: Ksh 137
- 500,001 – 999,999: Ksh 162
- KCB Bank
- 10 – 500: Free
- 501 – 2,000: Ksh 15
- 2,001 – 5,000: Ksh 20
- 5,001 – 10,000: Ksh 50
- 10,001 – 50,000: Ksh 80
- 50,001 – 100,000: Ksh 100
- 100,001 – 500,000: Ksh 300
- 500,001 – 999,999: Ksh 500
- National Bank of Kenya
- 0 – 500: Free
- 501 – 10,000: Ksh 45
- 10,001 – 50,000: Ksh 65
- 50,001 – 100,000: Ksh 80
- 100,001 – 200,000: Ksh 115
- 200,001 – 500,000: Ksh 150
- 500,001 – 999,999: Ksh 150
Additional PesaLink Charges Across Other Banks
Here are PesaLink charges for additional banks in Kenya:
- NIC Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 50
- 10,001 – 50,000: Ksh 100
- 50,001 – 100,000: Ksh 120
- 100,001 – 200,000: Ksh 160
- 200,001 – 500,000: Ksh 180
- 500,001 – 999,999: Ksh 200
- Paramount Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 50
- 10,001 – 50,000: Ksh 80
- 50,001 – 100,000: Ksh 100
- 100,001 – 200,000: Ksh 150
- 200,001 – 500,000: Ksh 180
- 500,001 – 999,999: Ksh 200
- Prime Bank
- 10 – 500: Free
- 501 – 50,000: Ksh 30
- 50,001 – 100,000: Ksh 40
- 100,001 – 150,000: Ksh 45
- 150,001 – 200,000: Ksh 50
- Stanbic Bank
- 0 – 500: Free
- 501 – 5,000: Ksh 32
- 5,001 – 10,000: Ksh 50
- 10,001 – 30,000: Ksh 62
- 30,001 – 70,000: Ksh 72
- 70,001 – 140,000: Ksh 112
- 140,001 – 500,000: Ksh 172
- 500,001 – 999,999: Ksh 200
- Standard Chartered Bank
- 10 – 500: Free
- 501 – 10,000: Ksh 40
- 10,001 – 50,000: Ksh 80
- 50,001 – 100,000: Ksh 120
- 100,001 – 200,000: Ksh 160
- 200,001 – 500,000: Ksh 200
- 500,001 – 999,999: Ksh 250
Why You Should Check PesaLink Fees Before Sending Money
While PesaLink is one of the most affordable ways to transfer money between banks in Kenya, the charges vary among different banks. By comparing the fees for different amounts and institutions, you can save money, especially for larger transfers.
For example, DTB and KCB offer lower fees for medium transfers, making them cost-effective options. Always check your bank’s tariff before making a transaction to ensure you get the best deal.
