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

If you’re looking to transfer money from M-Pesa to your bank account, the process is simple once you have the correct Paybill details. For customers of I&M Bank, you can easily move funds directly from your phone within minutes.

Here’s a clear step-by-step guide to help you complete the transaction smoothly.

Quick Answer

To send money from M-Pesa to I&M Bank, go to Lipa na M-Pesa, select Paybill, enter 542542, input your account number, amount, and confirm with your PIN.

Step-by-Step: How to Send Money from M-Pesa to I&M Bank

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 542542 (I&M Bank Paybill)

Step 5: Enter Your Bank Account Number

• Carefully input your I&M Bank 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 SMS confirmations for reference
• Be aware of transaction limits (KSh 70,000 per transaction)
• Send a small test amount if unsure
• Ensure your line is active

Common Mistakes to Avoid

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

FAQ

What is the Paybill number for I&M Bank?

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 I&M Bank account is fast, secure, and convenient. Always double-check your details to avoid mistakes and ensure a smooth transaction.