How to Send Money from MPesa to an Equity Bank Account

Equity Bank Kenya has an MPesa paybill service that enables you to easily send money into your bank account, a business or another person’s Equity Bank account at the comfort of your home or on the go.

You do not need to be an Equity Bank customer to use the 247247 paybill service for sending money to a business or someone with an Equity Bank account.

This article will guide you through simple steps on how to deposit money from MPesa to an Equity account through the M-Pesa paybill service.

See also: Equity Bank Savings Accounts, Opening Requirements

Mobile money and bank transactions | Image Credit: Freepik

Steps to Deposit Money from MPesa to Equity Bank

Follow these steps to easily transfer cash from your M-Pesa wallet to an Equity Bank account Equity Bank’s paybill number 247247:

1. Go to the Mpesa Menu on your phone or dial the USSD *334#
2. Select Lipa na Mpesa
3. Select the option Pay Bill
4. Next, enter the Equity Bank Paybill Number 247247
5. Now, carefully key in the full Equity Bank Account number you wish to send money to
6. Enter the amount you wish to send
7. Key in your Mpesa PIN
8. Confirm that all the details are correct and then press Send
9. A little while later, you will see a pop-up message on your screen asking you to confirm the transaction.
10. Confirm the details and press Send.

After some time, you will receive notifications from both Mpesa and Equity Bank confirming the successful cash transfer to Equity Bank.

See also:

1. Equity Bank Agency and Equitel Money Transfer Rates
2. ABSA Bank South Africa Fixed Deposit Account Details, Rates
3. Nairobi Water Tariffs for Different Consumer Categories
4. How to Repay Timiza Loan Through M-Pesa