How to Withdraw Money from Stanbic Bank to Mpesa in Kenya

how to withdraw money from stanbic bank to mpesa

How to Withdraw Money from Stanbic Bank to Mpesa in Kenya

If you are a Stanbic Bank customer and you want to withdraw money from your bank account to your Mpesa account, you can do so using the Stanbic Bank mobile banking app or via USSD. Here are the steps to follow:

N/B: It’s important to note that there are charges associated with withdrawing money from Stanbic Bank to Mpesa, and these charges may vary depending on the amount you are withdrawing.

Method 1:

Using the Stanbic Bank Mobile Banking App

Step 1: Log in to the Stanbic Bank mobile banking app on your smartphone.

Step 2: Select the “Payments” option from the main menu.

Step 3: Choose the “Mobile ” option.

Step 4: Select the account you want to withdraw money from.

Step 5: Enter the amount you want to withdraw.

Step 6: Enter your Mpesa number.

Step 7: Confirm the transaction details and click “Submit”.

Step 8: Enter your mobile banking PIN to authorize the transaction.

Step 9: You will receive a confirmation message once the transaction is complete.

Method 2:

Using the USSD on Your Phone

Here’s how to withdraw money from Stanbic Bank to Mpesa using USSD:

  • Dial *208# on your phone and select “M-Pesa Global.”
  • Select “Withdraw from Bank” and follow the prompts to enter the amount you want to withdraw and your PIN.

You will receive a message confirming the transaction and the funds will be credited to your M-Pesa account within a few minutes.

How to Check Your Stanbic Bank Account Balance

Before you can withdraw money from your Stanbic Bank account to Mpesa, it’s important to check your account balance to ensure that you have enough funds in your account. Here’s how to check your Stanbic Bank account balance:

  • Dial dial *909*30*909# from your phone
  • Follow the prompts to enter your Stanbic Bank account details.

You will receive a message with your account balance.

Frequently Asked Questions

Q1. How long does it take to withdraw money from Stanbic Bank to M-Pesa?

The money is credited to your M-Pesa account instantly, so you can use it immediately.

Q2. Are there any fees charged for withdrawals from Stanbic Bank to Mpesa?

Yes, there are fees charged for withdrawals from Stanbic Bank to Mpesa. The fees depend on the amount being withdrawn.

Q3. Can I withdraw money from Stanbic Bank to M-Pesa at any time of the day?

Yes, you can withdraw money from Stanbic Bank to M-Pesa 24/7, as long as you have an active M-Pesa account and an internet-enabled mobile phone.

Q. What should I do if I don’t receive the money in my M-Pesa account after withdrawing from Stanbic Bank?

If you don’t receive the money in your M-Pesa account within a few minutes of the transaction, you should contact Stanbic Bank customer care for assistance.

READ: HOW TO SEND MONEY FROM M-PESA TO KCB BANK

Final Thoughts

Withdrawing money from Stanbic Bank to Mpesa is a simple process that can be done using either the mobile banking app or USSD. We hope this article has provided you with all the necessary information to successfully withdraw money from your Stanbic Bank account to your Mpesa account.

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