Equity Bank is the largest bank in Kenya, boasting over half of all bank accounts in the country and holding the title of the single largest bank in terms of customer base in East Africa.
With over 190 branches in Kenya alone, serving such a large customer base can be a challenge. However, Equity Bank has leveraged the convenience of technology to provide a solution.
By using the Equity Bank Paybill number 247247, customers can easily and conveniently deposit money to their Equity accounts at any time of the day or night.
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How To Deposit Money To Equity Bank Account Using Paybill Number 247247
Whether you are an Equity Bank customer or not, you can make deposits to any Equity Bank account by following these steps:
- From your phone SIM toolkit or the Safaricom app, choose M-Pesa.
- Select “Lipa na M-Pesa.”
- Choose the “Paybill” option.
- Enter the Equity Bank Paybill number 247247 as the account number.
- Specify the amount you wish to deposit to the account.
- Enter your M-Pesa PIN number.
- Confirm that the details are correct and send the transaction.
- You will receive a notification message from M-Pesa and Equity Bank confirming the success of the transaction.
How To Withdraw Money From Equity Bank To M-Pesa Using Equitel Line
If your Equitel line is connected to your Equity Bank account, you can easily withdraw money from the account to M-Pesa by following these steps:
- From your Equitel SIM toolkit, select “My Money.”
- Choose the “Send/Pay” option.
- Select the account number from which you wish to make the withdrawal.
- Choose the “To Others” option.
- Select the “M-Pesa” option.
- Enter the M-Pesa line to which you wish to send money.
- Specify the amount you wish to send.
- Enter your Equitel PIN and press OK to complete the transaction.
- You will receive a notification message confirming the success of the transaction.
How To Withdraw Money From Equity Bank To M-Pesa Using Eazzy Pay App
By downloading and activating the Eazzy Pay app, you can use it to withdraw funds from your Equity Bank account to M-Pesa. Follow these steps to complete the transaction:
- Open the Eazzy Pay app and enter your PIN number.
- Select the “Send Money” option.
- Choose the “Send to M-Pesa” option.
- Select the M-Pesa number to which you wish to send money. If the number is not in your phone book, you can manually type it in.
- Enter the amount you wish to send to M-Pesa.
- Press the “Send Money” button.
- A confirmation code will be sent to the phone number registered with the app. Enter the 4-digit code to confirm the transaction. You can set the app to automatically detect the message.
- Click “Allow” to finalize the transaction.
- You will receive a notification message from M-Pesa and Equity Bank confirming the success of the transaction.
How To Withdraw Money From Equity Bank To M-Pesa Using USSD Code *247#
If you have registered for mobile banking, you can access your Equity Bank account through the USSD short code. Follow these steps to withdraw money:
- Dial *247# from your phone.
- Enter your Equity mobile banking PIN.
- Follow the prompts and select the bank account from which you wish to withdraw money.
- Choose the “Withdraw” option.
- Select the “To M-Pesa” option.
- Specify the amount you wish to withdraw.
- You will receive a notification message from M-Pesa confirming the receipt of money and from Equity Bank confirming the success of the transaction.
Conclusion
Equity Bank’s Paybill number 247247 provides a convenient way for customers to deposit money into their accounts at any time.
Withdrawing money from an Equity Bank account to M-Pesa is made easy through various channels such as the Equitel line, the Eazzy Pay app, and the USSD code *247#.
By leveraging these technologies, Equity Bank continues to improve its customer experience and provide efficient banking services to its vast customer base in Kenya and East Africa.