To transfer money from Mpesa to Equity Bank, follow these steps:
1. Go to M-Pesa Menu on the Safaricom tool kit.
2. Select Lipa and M-Pesa from the drop-down menu.
3. Enter 247247 as the Equity business number in the Pay Bill number field.
4. Fill in your Equity bank account number in the account number section.
5. Type in the amount you’d want to send.
6. Enter your PIN.
7. Double-check the details
8. Click “OK” or “Send.”
Note: After sending the money, double-check the confirmation message. Either MPesa or equities bank will send you a confirmation message. The message is crucial since it confirms that the transaction was completed.
It may take a few hours for the confirmation notification to reach you, but the money will have been withdrawn from your MPesa account.
When sending money from MPesa to an Equity Bank account, MPesa rates apply. The sums, however, will vary based on how much money you want to send to your bank. The amount you can transfer is also limited by daily MPesa’s transactions.
And that is how to transfer money from Mpesa to equity account
