Equity Bank agency and Mpesa charges
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Equity Bank Agency and Equitel Money Transfer Rates

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Equity bank has found foot almost in every town around the county. You can also deposit and withdraw funds in your Equity bank account at any Equity Agent near you. The Equitel Sim Card is linked to your equity bank account hence you can send money directly to another equitel line user or Mpesa at very low rates.

This article outlines the current Equity charges for sending and withdrawing money at equitel agents, sending to other bank accounts, depositing to an equity bank account, and cash withdrawal charges and rates across all networks in Kenya.

These rates may change from time to time so you can always visit the Equitel website for updated charges.

Equity Bank Agent Cash Withdrawal Charges

Equitel Cash Withdrawal Charges

Here are charges for cash withdrawals from Equitel agents in Kenya:

Minimum Amount (Ksh)Maximum Amount (Ksh)Charge (Ksh)
1002,50027.50
2,5015,00049.50
5,00110,00082.50
10,00120,000159.50
20,00135,000187.00
35,00150,000214.50
50,001100,000242.00

M-Pesa to Equitel Transfer Charges

You can transfer money directly from your M-Pesa account into an Equity bank account at varied rates depending on the amount of money being transacted.

Minimum Amount (Ksh)Maximum Amount (Ksh)Charges (Ksh)
1100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00170,000105
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Equitel to M-Pesa and Airtel Money Transaction Rates

These charges relate to sending money from Equitel money to M-Pesa or Airtel money.

Equitel to Mpesa/ Airtel Charges

Minimum Amount (Ksh)Maximum Amount (Ksh)Charges (Ksh)
10034.10
10150038.50
5011 1,00044.00
1,0011,50049.50
1,5012,50060.50
2,50135,00060.50

Equity Bank Pesa Link Charges

Here are the Pesa Link charges for sending money from Equity to other bank accounts:

Minimum Amount (Ksh)Maximum Amount (KshCharge (Ksh)
105000
5011000037
100015000062
50001100,00087
100,001200,000112
200,001500,000137
500,001999,999162

Other Equity Bank Services Charges

  • New ATM Card/replacement and renewal charge is Ksh 660
  • Activation of dormant Equity Bank account: Ksh 220
  • Mini Statement request by Email: Ksh 5

Equitel call rates across all networks is Ksh. 4 while SMS rate is 1 shilling.

How to Send Money from Mpesa to Equity Bank Account

Mpesa will charge you a given rate depending on the amount you wish to deposit to an equity account. To send money to Equity account do this:

  • Go to Mpesa Menu and select Lipa na Mpesa
  • Select Pay Bill
  • Enter Equity bank business number: 247247
  • Enter Equity bank account number you wish to transfer to
  • Enter the amount you wish to deposit
  • Enter your Mpesa PIN and press OK
  • Confirm the details are correct and finalize the transaction
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You will receive a message from Mpesa and Equity Bank confirming a successful transaction.

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