Depositing money from CFC Stanbic Bank account to Mpesa and making withdrawals to Mpesa is now easier than you could imagine. This has been made possible especially though use of PayBill numbers. You can also checkout PayBill Numbers of various Kenyan banks here.
Stanbic Bank Kenya Paybill Number
Having a Stanbic PayBill number is the first thing you have to consider for you to perform or transfer of money to your Mpesa from your bank account. The Stanbic Bank Mpesa Paybill Number is 600100
How to Deposit Money to Stanbic Bank Account from M-PESA
- Go to M-PESA menu, select “Lipa na Mpesa. “
- Select “Pay Bill”
- Select “Enter Business no. “Input Mpesa PayBill Number 600100 and press “OK.”
- Select “Enter Account no. “Enter your CFC Stanbic Bank Account Number
- “Enter Amount, “Enter the amount to deposit and press “OK.”
- Enter your M-PESA PIN and press “OK.”
- Confirm all the details are correct and press “OK.”
- You will receive a confirmation SMS from Mpesa.
- CFC Stanbic Bank will also send you a confirmation SMS.
How to Withdraw Money from CFC Stanbic Bank Account to Mpesa
CFC Stanbic Mobile Banking has made life easier because you can manage your bank account just by using a mobile phone. All you need to have is a smartphone (not necessary for mobile USSD Users). Stanbic Bank users can withdraw money from their bank account by dialing the Stanbic Bank USSD code *208#
For Smartphone users, you can download the CFC Stanbic app from Google Play store or App Store. The app will give you all the benefits that are enjoyed by USSD Code users.
Benefits of CFC Stanbic Mobile Banking
- Helps you Transfer money easily from your account to M-PESA and vice versa.
- Helps users Transfer funds between your Stanbic Bank accounts.
- Makes it easy to pay for utility Bills such as KPLC, Dstv, Gotv
- It makes it easier for Real-time funds transfer to all banks in Kenya through RTGS (Real Time Gross Settlement).
- Users can use it to Request a salary advance easily and conveniently from their mobile phone.
- Helps user Check their account balance, statements and request for a cheque books.
- Users can Easily and conveniently top up your mobile phone directly from your account.
CFC Stanbic Bank Mobile Transactions Charges and Fees (Kshs):
- Airtime purchases -10
- Balance Enquiry-15
- Bill Payment – 200
- Inter Account (Same Bank) Funds transfer -100
- Inter-bank – RTGS-1,000
- Inter-bank – ZIPIT Funds transfer -250
- Mini statement-20
- Self-funds transfer Funds transfer -50