This is a simple guide on how to transfer money from MPesa to your Cooperative Bank account. This is one of the 38 licensed commercial banks in Kenya that started its operations on 1st July 1968. Its head office is located at Co-operative House along Haile Selassie Avenue in Nairobi. As of 2021, the Cooperative bank has more than 160 branches across Kenya.
It’s categorized as a Tier 1 bank which means that it is one of the largest banks in the country. This is attributed to its large SACCO banking base. Cooperative Bank used Mpesa to facilitate mobile banking transactions. This way, Coop customers can bank anytime and anywhere on a real-time basis without having to visit branches.
All you need to deposit money to Cooperative Bank is your account number and Coop’s Mpesa Paybill which is 400222.
How To Transfer Money From Mpesa To Cooperative Bank Account
1. Go to your Mpesa Menu
2. Select Lipa na Mpesa
3. Select Paybill
4. Enter 400222 as the Business number
5. Enter your Cooperative Bank Account Number
6. Enter the amount you would like to deposit into your account
7. Enter your PIN and press OK.
8. You will receive a transaction confirmation message from Mpesa and Cooperative Bank
The maximum amount you can send to your account using Mpesa is Ksh 150,000 per transaction.
If you have further questions/ inquiries, don’t hesitate to contact Coop Bank using the contacts below.
Cooperative Bank Contacts
Phone: 0703027000 , 020-2776000
If you’re a small business owner looking for a convenient and user-friendly way to manage your finances, consider downloading a free invoice generator app. With the help of such an app, you can quickly create and send professional invoices to your clients, helping you get paid on time and stay on top of your cash flow.