You can easily transfer funds from your mpesa account directly to you i m bank account without any hassle. The procedure for depositing money via m pesa to your i m bank account is as follows go to m pesa menu on your phone select lipa na m pesa select paybill select enter business no and enter the 542542 as the i m bank business no and press ok.
Having looked at how to withdraw money from bank to mpesa it s only fair that we look at how you can do the reverse send money from your mpesa to bank.
How to transfer money from mpesa to i m bank. Transfer money from your i m bank account to a registered m pesa user in kenya using our internet banking and i m mobile banking. There s absolutely no need to go to the bank or agent to deposit funds to your i m bank account when you can carry out the transaction from the comfort of your home. Step 2 select pay bill step 3.
This will help you save on time and the cost of travelling to your branch plus the hustle of queuing. Transfer money easily between your bank and m pesa enjoy convenience with the ability to access money from your account any time whether the bank is open or not. Now here we don t use the ussd codes.
Enter 542542 as the business number. Enter your i m bank account number. Enter your pin and press ok.
Instead you can only transfer cash from your mpesa wallet to your bank account via the bank s paybill number listed after the steps. Go to your safaricom toolkit choose lipa na m pesa option select pay bill option and enter i m bank paybill number 542542 then press ok. Go to your mpesa menu.
Unlike other institutions which continue to limit customers to have a smartphone that can be installed with an app i m has various options which include an app as well as online portal. You will receive a transaction confirmation message from mpesa and i m bank. I m bank was clever enough to introduce a ussd code that customers can use to access various services such as withdrawing money from their accounts to mpesa.
Select lipa na mpesa. How to send money from mpesa to i m bank. How to move money from mpesa to bank account step 1 go to lipa na mpesa on your phone.
Through this service funds can be remitted online from your i m bank account instantaneously to any person in kenya who is registered for m pesa. Here s how you can deposit money to your i m bank account using mpesa. Enter the amount you would like to deposit into your account.