PesaLink is a new money transfer service that enables inter-bank transfers from one person to another on all banks retail payment channels. It is developed and owned by Kenyan banks through their umbrella body, Kenya Bankers Association (KBA).
PesaLink is real-time, available 24/7 and one can transfer from as low as KES 10 to as high as KES. 999,999. It is also safe since it eliminates use of cash as a mode of payment.
The table below shows pesalink charges among local banks ,excluding excise duty charges (20%)
| SCB | CO-OP | NIC | STANBIC | BOA | I&M | KCB | |
|---|---|---|---|---|---|---|---|
| Kes 10- Kes 500 | NIL | NIL | NIL | NIL | NIL | NIL | NIL |
| Kes 501- Kes 10,000 | KES 40 | KES 42 | KES 50 | KES 32 (upto 5,000) KES 50 (5,000 -10,000) | KES 15 (501 -1,500) KES 30 (1,501 -5,000) KES 50 (5,001 - 10,000) | KES 40 | KES 15 ( 501 -2,000) KES 20 (2,001 -5,000) KES 50 (5,001 - 10,000) |
| Kes 10,001 – Kes50,000 | KES 80 | KES 62 | KES 100 | KES 62 (up to 30,000) KES 72 (30,000 -50,000) | KES 100 | KES 40 | KES 80 |
| Kes 50,001-Kes 100,000 | KES 120 | KES 82 | KES 120 | KES 72 | KES 110 | KES 40 | KES 100 |
| Kes 100,001- Kes 200,000 | KES 160 | KES 112 | KES 160 | KES 112 (70,000 - 140,000) | KES 180 | KES 40 | KES 300 |
| Kes 200,001 –Kes 500,000 | KES 200 | KES 152 | KES 180 | KES 172 (140,000 - 500,000) | KES 180 | KES 40 | KES 300 |
| Kes 500,001-Kes 999,999 | KES 250 | KES 152 | KES 200 | KES 200 | KES 200 | KES 40 | KES 500 |
