PesaLink is one of the most reliable, fast, and cost-effective platforms for bank-to-bank money transfers in Kenya. Unlike other services, PesaLink operates 24/7 and processes transactions instantly, making it a convenient option for both personal and business use. However, each bank has its own PesaLink charges depending on the transaction amount. Understanding these fees is crucial to ensure you’re getting the best deal when transferring money.
Here’s a detailed guide on PesaLink charges in Kenya, broken down by bank and transaction amount.
Understanding PesaLink Charges for Various Banks
Every bank in Kenya has its own tariff for PesaLink transactions, which can vary depending on the amount being sent. Some banks offer free transfers for smaller amounts, such as Ksh 500 and below, while others charge tiered fees for larger transfers. Knowing these fees in advance helps you choose the most cost-effective option for sending money.
PesaLink Charges for Popular Banks in Kenya
Here’s a breakdown of 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 the charges for PesaLink transactions in other banks:
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
PesaLink offers one of the most affordable ways to transfer money between banks in Kenya. However, the varying charges across different banks mean you could save a significant amount by choosing the right bank based on your transaction amount.
For example, DTB and KCB offer lower fees for medium-sized transfers compared to other banks. Always check your bank’s tariff before sending larger amounts to ensure that you’re getting the best possible deal.
