How to Send Money from M-Pesa to Cooperative Bank in Kenya

how to send money from mpesa to cooperative bank

How To Send Money From Mpesa To Cooperative Bank

Every day, people across the country use M-pesa to send money to each other. With one shilling and a few clicks, you can send money anywhere in Kenya, anywhere in Africa, or even the whole world.

There are so many things you can do with your M-Pesa account that it can easily make your life easier. This guide is here to teach you how to send money from mpesa to your cooperative bank account and get a lot of its benefits for free. 

Step 2: Register for M-Pesa account and Cooperative Bank Mobile Banking Services

If you haven’t already registered for M-Pesa and Cooperative Bank mobile banking services, it’s important to do so before you can start transferring money.

Here’s how:

Visit any Cooperative Bank branch and fill out a mobile banking registration form.

Provide a valid national ID or passport.

Receive a confirmation SMS from Cooperative Bank with your mobile banking details.

For those who don’t love to apply physically, you can dial *667# or download MCo-opCash App on your phone

Step 2: Load Money into M-Pesa

To send money from M-Pesa to Cooperative Bank, you need to first load money into M-Pesa.

  • Go to any Safaricom retailer or agent.
  • Tell the agent you want to deposit money into M-Pesa.
  • Provide cash to the agent, who will then load the money into your M-Pesa account.

Step 3: Transfer Money from M-Pesa to Cooperative Bank

Now that you have money in your M-Pesa account, you can transfer it to your Cooperative Bank account.

  • Go to M-Pesa menu on your mobile phone.
  • Select “Lipa na M-Pesa.”
  • Select “Pay Bill.”
  • Enter the Cooperative Bank pay bill number, which can be found on the Cooperative Bank website or by contacting the bank.
  • Enter your Cooperative Bank account number.
  • Enter the amount you want to transfer.
  • Confirm the details and enter your M-Pesa PIN.

Wait for an SMS confirmation from M-Pesa and Cooperative Bank.

Frequently Asked Questions

Q1. How long does it take for the money to reach my Cooperative Bank account?

The transfer from M-Pesa to Cooperative Bank is usually instant, but it may take a few minutes for the money to appear in your Cooperative Bank account.

Q2. Are there any fees for transferring money from M-Pesa to Cooperative Bank?

Yes, there is a small fee for transferring money from M-Pesa to Cooperative Bank, which varies depending on the amount being transferred. It is advisable to check with M-Pesa or Cooperative Bank for the latest fees.

Q3. Is it safe to transfer money from M-Pesa to Cooperative Bank?

Yes, it is safe to transfer money from M-Pesa to Cooperative Bank. Both M-Pesa and Cooperative Bank use secure systems to protect their customers’ money and personal information.

Q4. What should I do if I have problems transferring money from M-Pesa to Cooperative Bank?

If you encounter any issues while transferring money from M-Pesa to Cooperative Bank, you can contact M-Pesa customer care or Cooperative Bank customer service for assistance.

Conclusion

Sending money from M-Pesa to Cooperative Bank is a simple and secure process. By following the steps outlined in this article, you can easily transfer money from M-Pesa to Cooperative Bank in just a few minutes.

Whether you need to make a payment, transfer funds, or access your money, the combination of M-Pesa and Cooperative Bank mobile banking services provides a convenient and secure way to manage your finances.

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