Safaricom Mpesa Charges, withdrawal and sending charges in Kenya 2024

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Safaricom adjusted its Mpesa charges in 2023.In 2024 the charges have not changed much.To withdraw Ksh 49 and below is free.If you want to withdraw Ksh 100,you are charged Ksh 11.

Below are the Mpesa withdrawal and sending charges in Kenya for the year 2024:

TRANSACTION RANGE (KSHS)TRANSACTION TYPE AND CUSTOMER CHARGES (KSHS)
MINMAXTRANSFER TO M-PESA USERS, POCHI LA BIASHARA AND BUSINESS TILL TO CUSTOMERTRANSFER TO OTHER REGISTERED MOBILE MONEY USERSTRANSFER TO UNREGISTERED USERSWITHDRAWAL FROM M-PESA AGENT
149FreeFreeN/AN/A
50100FreeFreeN/A11
101500774729
5011,00013135129
1,0011,50023236129
1,5012,50033337629
2,5013,500535311552
3,5015,000575713969
5,0017,500787817187
7,50110,0009090211115
10,00115,000100100273167
15,00120,000105105296185
20,00135,000108108318197
35,00150,000108108318278
50,001250,000108108318309
ATM Withdrawal Tariff
MinMaxKshs
200 250035
2501 500069
5001 10000115
10001 35000203
OTHER TRANSACTIONSKSHS
All DepositsFREE
M-PESA RegistrationFREE
Buying Airtime through M-PESAFREE
M-PESA Balance EnquiryFREE
Change M-PESA PINFREE

Note:

  1. Maximum Account Balance is Kshs.500,000
  2. Maximum daily transaction value is Kshs.500,000
  3. Maximum amount per transaction is Kshs.250,000
  4. The minimum amount you can withdraw at an M-PESA Agent is Kshs.50
  5. To initiate M-PESA person to person self-reversal, send the transaction confirmation to 456
  6. To be able to transact, your Safaricom line and M-PESA account must be active.
  7. One can deposit funds only into M-PESA account registered under their own identification document (ID). Depositing directly into third party accounts is not allowed.
  8. You will earn Bonga Points from the M-PESA fee charged when you transact.
  9. To transact at any M-PESA agent outlet, you will be required to produce your original identification document with which the M-PESA was registered, i.e., National ID or Kenyan Passport