In the era of advancing technology, banking institutions strive to provide convenient and efficient services to their customers.
One such bank is Africa Banking Corporation (ABC), a licensed bank in Kenya regulated by the Central Bank. ABC Bank aims to meet the evolving needs of its customers by embracing technology and introducing innovative solutions.
One such solution is the ABC Bank Paybill Number 111777, which allows customers to make direct deposits into their bank accounts. The bank provides custom paybill numbers in collaboration with service providers.
This article will provide a comprehensive guide on how to deposit money using the ABC Bank Paybill Number 111777 and how to withdraw funds from an ABC Bank account to M-Pesa.
Contents
How To Deposit Money using ABC Bank Paybill Number 111777
To deposit money into your ABC Bank account using M-Pesa paybill services, follow these simple steps:
- Go to the M-Pesa menu on your mobile phone.
- Select “Lipa na M-Pesa.”
- Choose “Pay Bill.”
- Enter the ABC Bank paybill number 111777 as the business number.
- Enter your ABC Bank account number as the account number.
- Specify the amount you wish to deposit.
- Enter your M-Pesa PIN.
- Verify the information provided and click “OK.”
Custom Paybill Numbers
In some cases, ABC Bank provides custom paybill numbers to its customers. If you have a custom paybill number, follow these steps instead:
- Go to the M-Pesa menu on your mobile phone.
- Select “Lipa na M-Pesa.”
- Choose “Pay Bill.”
- Enter the business number associated with your custom paybill number.
- Enter your ABC Bank account number as the account number. For school-related transactions, use the student’s administration number or name.
- Specify the amount you wish to deposit.
- Enter your M-Pesa PIN.
- Verify the information provided and click “OK.”
How To Withdraw Money From ABC Bank Account To M-Pesa
While many banks in Kenya offer USSD codes to facilitate transactions, ABC Bank does not provide this option. However, customers can still access their accounts and withdraw money using internet banking. Here’s how you can withdraw funds from your ABC Bank account to M-Pesa via internet banking:
- Log in to your ABC Bank Internet Banking account.
- Click on “Transfers” and select “Mobile transfers.”
- Choose the account number from which you want to transfer money.
- Enter the beneficiary’s phone number in the format 2547xxxxxx.
- Provide the beneficiary’s name and specify the amount to be transferred.
- Click “Submit.”
Second Level Authentication
Please note that if you are not registered for second level authentication, the process concludes at step 6, and the funds will be transferred to your beneficiary immediately. However, if you are registered for second level authentication, follow the additional steps below:
- Click on “Send me Tan” if you are registered for SMS authentication. Enter the received code on your mobile phone. If you are using a Token, enter the six-digit code on your device in the “Insert tan” tab.
- Click “Confirm” to complete the transaction.
Conclusion
ABC Bank Paybill Number 111777 provides customers with a convenient and efficient way to deposit money into their bank accounts using M-Pesa paybill services.
The bank also offers custom paybill numbers to cater to specific customer needs. Additionally, customers can easily withdraw funds from their ABC Bank accounts to M-Pesa through internet banking.
While USSD codes are not available for ABC Bank, internet banking ensures secure and seamless transactions. As ABC Bank continues to embrace technology, it remains committed to delivering excellent banking services to its valued customers.
With the ABC Bank Paybill Number 111777, banking has never been easier!