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M-Pesa ↔ Equity Bank
M-Pesa to Equity Bank Transfer Guide
Everything you need to move money between M-Pesa and Equity Bank — paybill numbers, USSD codes, step-by-step instructions and fee breakdowns.
247247
Paybill
*247#
USSD
Free
M-Pesa→Bank Fee
Instant to 5 minutes
Processing
1
M-Pesa → Equity Bank
✓ Free- 1Dial *334# on your Safaricom line
- 2Select "Lipa na M-Pesa"
- 3Select "Pay Bill"
- 4Enter Business Number: 247247
- 5Enter your Equity Bank account number as the Account Number
- 6Enter the amount you want to transfer
- 7Enter your M-Pesa PIN and confirm
- 8You will receive an M-Pesa confirmation SMS
- 9Equity Bank will credit your account within minutes
Account Format
Your full Equity Bank account number (e.g. 0190296543874)
Amount Limits
Min: KES 10 · Max: KES 300,000
Ensure your Equity account is linked to your M-Pesa registered phone number for faster processing
The transfer goes directly to your Equity account — not your Eazzy wallet
Large amounts (above KES 150,000) may trigger additional verification
2
Equity Bank → M-Pesa
KES 30–108 depending on amount (standard M-Pesa withdrawal rates)- 1Dial *247# on your Safaricom line
- 2Select "Send Money"
- 3Select "To M-Pesa"
- 4Enter the recipient's Safaricom M-Pesa number
- 5Enter the amount
- 6Enter your Equity PIN and confirm
- 7The recipient receives funds in their M-Pesa wallet instantly
Processing Time
Instant
Max Per Transaction
KES 150,000
You can also do this via the Equity Mobile app under "Send Money → M-Pesa"
The recipient does NOT need to be an Equity customer
Funds land directly in the recipient's M-Pesa wallet
Frequently Asked Questions — M-Pesa & Equity Bank
How long does M-Pesa to Equity take?
Usually instant — up to 5 minutes during peak hours. If it takes longer, check your M-Pesa message and contact Equity on 0763 000 000.
Can I transfer from Equity to M-Pesa without internet?
Yes — dial *247# and follow the prompts. No internet or smartphone required.
Is there a fee for transferring from M-Pesa to Equity?
No charge when paying via Paybill 247247. Normal M-Pesa rates apply for the send-money step if you're using that route instead.
What is the maximum I can send from Equity to M-Pesa?
Up to KES 150,000 per transaction via USSD. Higher amounts may be possible via Equity Mobile app or in-branch.
Equity Bank Customer Care
0763 000 000 · Available Mon–Sat