How to Deposit Money from M-Pesa to Cooperative Bank
Requirements for Depositing Money
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An active M-Pesa account.
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Your Cooperative Bank account number.
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The Cooperative Bank Paybill number: 400200.
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Sufficient funds in your M-Pesa wallet.
Steps to Deposit Money from M-Pesa to Cooperative Bank
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Go to your phone’s M-Pesa menu.
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Select Lipa na M-Pesa.
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Choose Pay Bill.
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Enter 400200 as the business number (Co-op Bank Paybill).
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Enter your Cooperative Bank account number as the account number.
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Enter the amount you want to deposit.
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Enter your M-Pesa PIN and confirm.
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You’ll receive an SMS confirmation from both M-Pesa and Cooperative Bank.
Benefits of Depositing via M-Pesa
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Convenient and available 24/7.
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Funds reflect instantly in your account.
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Safe and secure process.
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No need to visit the bank physically.
FAQs
1. What is the Cooperative Bank Paybill number?
The official Paybill number is 400200.
2. How long does it take for money to reflect?
Funds are usually credited instantly, though minor delays may occur.
3. Can I deposit to another person’s Cooperative Bank account?
Yes, just enter their account number as the account number.
4. What happens if I enter the wrong account number?
Contact Cooperative Bank customer care immediately to request a reversal.
5. Is there a limit on how much I can deposit?
Yes, the maximum depends on your M-Pesa transaction limit (currently KSh 150,000 per transaction).
Conclusion
Depositing money from M-Pesa to Cooperative Bank is simple, fast, and secure. By using the official Paybill number 400200, you can fund your account anytime, anywhere, without visiting the bank.
