Notice on reintroduction of Bank to Mobile wallet transfer charges – 30th December

Effective 1st January 2023, we reintroduced Bank to mobile wallet transfer charges, in line with recent Central Bank of Kenya guidelines.

Please see below charges which are inclusive of excide duty:

BANK CHARGES FOR TRANSACTION BETWEEN AFRICAN BANKING CORPORATION AND PAYMENT SERVICE PROVIDERS  (MOBILE WALLETS)

 Bank to Mobile Wallet Mobile Wallet to Bank 
Amount transferred  Ksh. Bank charge: Ksh.PSP charge: Ksh.Total charge to customer: Ksh.Bank charge: Ksh.PSP charge: Ksh.Total charge to customer: Ksh.
1100000000
1015006511066
5011,000871501212
1,0011,5001081802222
1,5012,50015102502828
2,5013,50025103503434
3,5015,00035124704040
5,0017,50045125704545
7,50110,00055126705050
10,00115,00055126705757
15,00120,00055126706060
20,00125,00055157006969
25 ,00130,00055157007878
30,00135,00055157008787
35,00140,00055157009696
40,00145,0005515700105105
45,00150,0005515700105105
50,00170,0005515700105105
70,001150,0005515 70105105

*Applicable charges will be displayed on our Internet Banking platform/mobile app prior to completing a transaction.

Cost of Credit


To compare different bank loan costs for commercial banks in Kenya Click Here to visit the Total Cost of Credit website.

Data Protection Privacy


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Key Facts Document


The Key Facts Document outlines all the features, benefits and charges of our various products to help you decide what product or service best suits you. Click here to read more.

FATCA Statement


FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a substantial ownership interest. ABC Bank is FATCA compliant in all its operations. To find out more about FATCA and how it affects you, please contact any of our branches or offices. We may contact you to request further information or documentation in order to verify your tax status under FATCA. For more information on FATCA, click here.
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