How to Transfer Money from MPESA to ABSA Bank Ac

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You can deposit money from Mpesa to your ABSA Bank account through the Bank’s account number-303030. The Bank was formerly known as Barclays Bank, and when it turned to ABSA Bank, it did not change the paybill number. The process of transferring money via M-Pesa to your ABSA Bank account is easy, instant and convenient.

Let’s see how easy it is

  1. Select M-Pesa
  2. From the menu, choose the “Lipa na M-Pesa” option
  3. Select “pay bill”
  4. Under “Enter Business no” enter 303030- ABSA Bank paybill no
  5. Under account no, enter the ABSA Bank account number you want to deposit money to
  6. Next, enter the amount you wish to transfer
  7. Enter your M-Pesa pin and press OK
  8. Confirm all the details entered are correct and press OK
  9. Verify the transfer and press Ok from the pop-up window. If they are correct, dismiss or cancel the notification. If the details are wrong or if you wish to cancel the transaction, enter number 1 and SEND.

After the above procedure, M-Pesa and ABSA Bank will send you a confirmation SMS confirming the transaction.

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About Author

Anthony Kiratu is the Founder of Finsolutions. He is a financial analyst with over 5 years experience in research, investment advisory, valuation and financial modelling. Anthony is a member of the Institute of Certified Investment and Financial Analysts and Institute of Certified Public Accountants of Kenya. He is passionate about development of African Capital Markets through training of investors and dissemination of information for sound financial and investment decision making process. He is also a part-time lecturer in the Certified Investment and Financial Analyst course in the subjects of International Finance, Portfolio Management, Equity Investment Analysis, and Fixed Income Securities. Email: anthony@finsolutions.co.ke Contact: +254 780216631

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