How to Send Money from M-Pesa to Equity Bank
Sending money from M-Pesa to Equity Bank is fast, secure, and convenient. With Equity’s Paybill service, you can transfer funds into your bank account anytime, anywhere, without visiting a branch.
Steps to Send Money from M-Pesa to Equity Bank
Go to the M-Pesa menu on your phone.
Select Lipa na M-Pesa.
Choose Pay Bill.
Enter 247247 as the business number (Equity Bank Paybill).
Enter your Equity Bank account number as the account number.
Enter the amount you wish to send.
Enter your M-Pesa PIN and confirm.
You’ll receive SMS confirmations from both M-Pesa and Equity Bank.
Benefits of Using M-Pesa to Equity Transfers
Instant deposits to your Equity account.
Available 24/7, including weekends and holidays.
Safe and reliable transactions.
Convenient for topping up your account on the go.
Charges
M-Pesa transaction charges apply depending on the amount you transfer. Equity Bank does not charge extra for deposits.
FAQs
1. What is the Equity Bank Paybill number?
The Paybill number is 247247.
2. How long does it take for money to reflect?
Deposits reflect instantly in your Equity account.
3. Can I send money from M-Pesa to any Equity account?
Yes, as long as you have the correct Equity account number.
4. Is there a maximum amount I can transfer?
Yes, M-Pesa allows up to KSh 150,000 per transaction and KSh 300,000 per day.
5. Will Equity Bank charge me to receive money from M-Pesa?
No, only M-Pesa charges apply.
Conclusion
Transferring money from M-Pesa to your Equity Bank account is quick and easy. By using the Equity Paybill number 247247, you can fund your account anytime and enjoy seamless banking.
