Family Bank to M-PESA & Airtel Money Charges

What To Expect.

Family Bank to M-PESA: The Central Bank of Kenya just announced that they’re going to start charging fees for bank-to-mobile money transfers starting January 1, 2023.

This is because the financial industry in Kenya asked for the fees to be reinstated – they were dropped during the pandemic.

Up until now, Kenyans have been able to enjoy this service for free for almost three years, but that’s coming to an end.

From now on, every time you want to transfer money to a mobile money wallet, you’re going to have to pay a fee. Family Bank has specific fees that they’re charging, too.

Family Bank to M-PESA & Airtel Money Charges

Transaction range in KES	M-PESA Charge in KES	Airtel Money charge in KES
1-100	0	0
101-500	10	11
501-1000	12	13
1001-1500	14	20
1501-2500	23	25
2501-3500	33	35
3501-5000	43	45
5001-7500	55	55
7501-10,000	55	55
10,001-15,000	65	65
15,001-20,000	65	65
20,001-150,000	67	65

How to Send Money from MPESA to a Family Bank Account (STK push)

PesaPap App

Login to PesaPap Mobile Banking
Select M-PESA Option
Choose M-PESA to Family Bank option and complete the transaction details (amount and your M-PESA number)
Submit.