Equitel charges for the year 2019 are provided below where you can send as little as Ksh10.Equitel is like MPESA but the former is owned by Equity Bank, the largest bank in terms of customer base.
You are also allowed to send the money from Equitel to Airtel money or MPESA.When sending Ksh100, Equitel will charge you Ksh 34.10 where tax is inclusive. If you want to send cheaply, send more than Ksh 10,000 where charges will be Ksh 60.50
One is also allowed to send to other bank accounts. It will cost you Ksh 100 to send at most Ksh 100,000 to any bank.
Below is the summary of Equitel charges for the year 2019:
Send to airtel money / Mpesa | ||
Minimum Amount | Maximum Amount | Total Charge to customer (tax incl) |
100 | 34.10 (Maximum Charge) | |
101 | 500 | 38.50 (Maximum Charge) |
501 | 1 1,000 | 44.00 (Maximum Charge) |
1,001 | 1,500 | 49.50 (Maximum Charge) |
1,501 | 2,500 | 60.50 (Maximum Charge) |
2,501 | 35,000 | 60.50 (Maximum Charge) |
Sending to other bank account – PESA LINK | ||
Minimum Amount | Maximum Amount | Total Charge to customer (tax incl) |
10 | 500 | 0.00 (Maximum Charge) |
501 | 10000 | 37.00 (Maximum Charge) |
10001 | 50000 | 62.00 (Maximum Charge) |
50001 | 100,000 | 87.00 (Maximum Charge) |
100,001 | 200,000 | 112.00 (Maximum Charge) |
200,001 | 500,000 | 137.00 (Maximum Charge) |
500,001 | 999,999 | 162.00 (Maximum Charge) |
Sending to other bank account – RTG | ||
Minimum Amount | Maximum Amount | Total Charge to customer (tax incl) |
1 | 100,000 | 300.00 |
100,000 | Per Transaction | |
Max per day: | 500,000 |
Sending to Equity bank account – RTGS | ||
Minimum Amount | Maximum Amount | Total Charge to customer (tax incl) |
1 | 300,000 | 0 |
300,000 | Per Transaction | |
Max per day: | 1,000,000 |
Cash withdrawal charge | ||
Minimum Amount | Maximum Amount | Total Charge to customer (tax incl) |
100 | 2,500 | 27.50 (Maximum Charge) |
2,501 | 5,000 | 49.50 (Maximum Charge) |
5,001 | 10,000 | 82.50(Maximum Charge) |
10,001 | 20,000 | 159.50 (Maximum Charge) |
20,001 | 35,000 | 187.00 (Maximum Charge) |
35,001 | 50,000 | 214.50 (Maximum Charge) |
50,001 | 100,000 | 242.00 (Maximum Charge) |
Mini statement request – Email | ||
Total Charge to customer (tax incl) | ||
5 |
Rate across all Networks | ||
Call Rate) | SMS Rate | |
Kes.4.50 | Kes.1.10 |