How do I send money from M-Pesa to Ecobank account in Kenya?

Sending money from M-Pesa to your bank account is one of the fastest ways to manage your finances in Kenya. If you’re using Ecobank Kenya, the process is simple and can be completed directly from your phone.

Here’s a clear step-by-step guide to help you transfer money without mistakes.

Quick Answer

To send money from M-Pesa to Ecobank, go to Lipa na M-Pesa, select Paybill, enter 700201, input your account number, amount, and confirm with your PIN.

Step-by-Step: How to Send Money from M-Pesa to Ecobank

Step 1: Open Your M-Pesa Menu

• Access M-Pesa on your phone

Step 2: Select Lipa na M-Pesa

• Choose Lipa na M-Pesa

Step 3: Select Paybill

• Tap on Paybill

Step 4: Enter Business Number

• Input 700201 (Ecobank Paybill)

Step 5: Enter Your Bank Account Number

• Carefully input your Ecobank account number
• Double-check for accuracy

Step 6: Enter Amount

• Input the amount you want to transfer

Step 7: Enter Your M-Pesa PIN

• Confirm the transaction securely

Step 8: Confirm Transaction

• Review all details
• Complete the transaction

You will receive:

• M-Pesa confirmation SMS
• Bank confirmation notification

Extra Tips and Best Practices

• Always verify your account number before sending
• Keep transaction confirmation messages
• Be aware of transaction limits (KSh 70,000 per transaction)
• Send a small test amount if unsure
• Ensure your SIM line is active

Common Mistakes to Avoid

• Entering wrong Paybill number
• Using incorrect account details
• Rushing the process
• Ignoring confirmation prompts
• Exceeding transaction limits

FAQ

What is the Paybill number for Ecobank Kenya?

How long does the transfer take?

Usually instant or within a few minutes.

What is the maximum amount I can send?

KSh 70,000 per transaction.

Conclusion

Sending money from M-Pesa to your Ecobank account is fast, secure, and convenient. Always double-check your details to avoid errors and ensure a smooth transaction.