ABSA Bank Paybill Number

ABSA Bank, formerly known as Barclays Bank of Kenya (BBK), has embraced mobile money technology to enhance its services.

As part of their commitment to providing convenient banking solutions, ABSA offers a paybill number, 303030, which allows customers to deposit money directly into their ABSA bank accounts using their mobile phones.

In this article, we will explore how to deposit money to an ABSA bank account from M-pesa, as well as how to withdraw money from ABSA bank to M-pesa.

How to Deposit Money to ABSA Bank Account from M-pesa

To deposit money to your ABSA bank account using M-pesa paybill number 303030, follow these simple steps:

1. Open the M-pesa menu on your SIM toolkit or use the Safaricom or M-pesa App.
2. Select the “Lipa na M-pesa” option.
3. Choose “Paybill” from the available options.
4. Enter ABSA paybill number 303030 as the business number.
5. Enter the ABSA account number to which you want to deposit money.
6. Specify the amount you wish to deposit into your account.
7. Enter your M-pesa PIN number and press okay.
8. Take a moment to review the details before sending the transaction.
9. Once the transaction is complete, you will receive confirmation messages from ABSA bank and M-pesa indicating the successful deposit.

It’s important to note that M-pesa transaction charges and funds transfer limits will apply. The maximum amount you can transfer in a day from M-pesa is Ksh300,000, with each transaction capped at Ksh150,000.

How to Withdraw Money from ABSA Bank to M-pesa

If you need to withdraw money from your ABSA bank account and transfer it to M-pesa, you can do so using the bank’s USSD code *224#. Follow the steps below:

1. Dial *224# on your phone and enter your 4-digit password.
2. Select the option for M-pesa/Airtel money.
3. Choose the mobile network provider, either Safaricom or Airtel.
4. Select the desired phone number, either your own or another recipient’s number, to which you want to send money.
5. Enter the amount you wish to send.
6. Select the bank account from which the amount should be debited.
7. Confirm the transaction details.
8. Once the transaction is complete, you will receive a confirmation message.

Alternatively, you can also withdraw money from your ABSA bank account to M-pesa by using the ABSA bank app. The app provides a user-friendly interface for managing your finances and conducting transactions with ease.

Conclusion

ABSA Bank’s paybill number, 303030, allows customers to conveniently deposit money into their bank accounts directly from their mobile phones.

By following the outlined steps, you can initiate deposits from M-pesa to ABSA bank, as well as withdraw funds from ABSA bank to M-pesa using the USSD code *224# or the ABSA bank app.

These mobile money solutions offer flexibility and accessibility, making banking transactions hassle-free and readily available to ABSA Bank customers.