Home GENERAL NEWS Safaricom Mpesa Withdrawal and Sending Charges 2019

Safaricom Mpesa Withdrawal and Sending Charges 2019

by Victor Matara

These are the new Safaricom Mpesa withdrawal and sending charges as of 2019. These rates effected on 1st July 2018 according to an announcement made by Kenya’s leading mobile network operator. Safaricom cited the Financial Bill 2018 and the Provisional Collection of Taxes and Duties Act as the reason for the adjustment in the Mpesa transaction charges.

1.  New Mpesa Withdrawal Rates From an Mpesa Agent 

 

 

Min

 

Max

 

MPESA Charges

 

1

 

49

 

N/A

 

50

 

100

 

10

 

101

 

500

 

27

 

501

 

1,000

 

28

 

1001

 

1,500

 

28

 

1501

 

2,500

 

28

 

2501

 

3,500

 

50

 

3501

 

5,000

 

67

 

5001

 

7,500

 

84

 

7501

 

10,000

 

112

 

10,001

 

15,000

 

162

 

15,0001

 

20,000

 

180

 

20,001

 

35,000

 

191

 

35,001

 

50,000

 

270

 

50,001

 

70,000

 

300

 

2. New Mpesa Transfer Rates to registered Mpesa users

 

 

Min

 

Max

 

MPESA Charges

 

1

 

49

 

Free

 

50

 

100

 

Free

 

101

 

500

 

11

 

501

 

1,000

 

15

 

1001

 

1,500

 

26

 

1501

 

2,500

 

41

 

2501

 

3,500

 

56

 

3501

 

5,000

 

61

 

5001

 

7,500

 

77

 

7501

 

10,000

 

87

 

10,001

 

15,000

 

97

 

15,0001

 

20,000

 

102

 

20,001

 

35,000

 

105

 

35,001

 

50,000

 

105

 

50,001

 

70,000

 

105

 

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3. New Mpesa ATM Withdraw Rates

 

 

Min

 

Max

 

MPESA Charges

 

200

 

2,500

 

34

 

2501

 

5,000

 

67

 

5001

 

10,000

 

112

 

10,001

 

20,000

 

197

 

Note  

1. Maximum Account Balance is KSHs.100,000
2. Maximum Daily Transaction Value is KSHs.140,000.Maximum per transaction is KSHs.70,000
3. You cannot withdraw less than KSHs.50 at an M-PESA agent outlet
4. To transact, your Safaricom line and M-PESA account must be active
5. At an agent outlet, you cannot deposit money directly into another M-PESA customer’s account
6. You earn Bonga points when you transact on M-PESA.
7. To register or transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID or Alien ID/Foreigner Certificate.

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