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Home » Finance » Banking » How to transfer money from M-Pesa to Co-operative account

How to transfer money from M-Pesa to Co-operative account

Davis Njagi by Davis Njagi
October 3rd, 2023 7:21 pm - Updated on September 22nd, 2024 8:43 am
in Banking
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How to transfer money from M-Pesa to Co-operative account

Co-operative bank M-Pesa is a service that allows you to send and receive money from your Co-op Bank account to your M-Pesa, and vice versa. You can also use it to pay bills, buy airtime, and access other banking services.

 

M-Pesa to Co-operative account

To transfer money from M-Pesa to Co-operative bank account, you need to follow these steps:

  1. Go to Lipa Na M-Pesa, PayBill option
  2. Enter Business Number 400200
  3. Enter Account number: the Co-operative Bank account you wish to deposit to.
  4. Enter the amount you want to deposit
  5. Enter the M-Pesa PIN and confirm the transaction
  6. You will receive a confirmation SMS from M-Pesa and a confirmation SMS with the details of the deposit from Co-operative Bank

 

M-Pesa to cooperative bank using USSD Code 667

 

  1. Dial *667# on your mobile phone and select the send money
  2. Enter the Co-operative Bank account number you are transferring money to and press Okay
  3. Enter the amount you want to deposit
  4. Enter your M-Pesa PIN
  5. Confirm all the details are correct and press Okay
  6. You will receive a confirmation SMS from M-Pesa and Co-operative Bank shortly

 

Read Also How to apply good conduct Certificate in Kenya

 

There are also more ways in which you may deposit to your cooperative bank as listed below

Read More

How Equity Bank Boostika Works: Explained

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Family Bank Contacts and Internet Banking

Agency Banking (Co-op Kwa Jirani):

Banking at a Co-op Kwa Jirani agent is as good as banking at a Co-op Bank branch.

 

Service Amount (Ksh) Charge (Ksh)
Cash Withdrawals

From Co-op Account/ SACCO Account/ Fethalink

 

100-5,000
5001-10,000
10,001-20,000
20,001-30,000
30,001-40,000
40,001-50,000
50,001-100,000

 

50
70
80
100
120
140
250

Cash Withdrawals

With Kenswitch Card

 

Any amount

 

125

Cash Deposits

To Co-op Account/ SACCO Account/ Fethalink

 

Any amount

 

Free

Funds Transfer

To Co-op Account/ SACCO Account/Fethalink

To another local bank account (via PESALINK)

 

Any amount

0-500
501-10,000
10,001-50,000
50,001-100,000
100,001-200,000
200,001-999,999

 

50

0
42
62
82
112
152

School/ College/ University Fees Payment

With Card
With Cash

 

Any amount

 

50
Free

Balance Inquiry
Mini Statement

Other services

NHIF Payments
County Payments
Other Government Payments e.g., KRA

N/A
N/A

 

Any amount
Any amount
Any amount

10
20

 

Free
Free
Free

 

Mobile Banking Using MCo-op Cash

The MCo-opCash, a mobile banking service that allows you to access a variety of banking, money transfer and payment services from Co-operative Bank of Kenya.

You can download the app from Google Play store or App Store. You will need to register for the service at the nearest Co-op Bank branch with your National ID or Passport.

 

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Davis Njagi

Davis Njagi

Davis Njagi is a technology-focused content writer and web developer with over 5 years of experience in the industry. He focuses on writing articles about the most recent developments in business, finance, and technology. Davis also works as a Freelance Fitness Consultant for customers, designing compelling workout plans that align with their fitness objectives in addition to writing and web development. He graduated from Kenyatta University with a degree in exercise science and from Dima College with a diploma in information technology.

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