Spire Bank Paybill Number 498100

Spire Bank, formerly known as Equatorial Bank, has recently undergone a significant transformation after being acquired by the renowned teachers’ Sacco, Mwalimu Sacco. Despite facing financial challenges in recent years, which resulted in eroded core capital and ratios below the minimum requirements set by the Central Bank of Kenya (CBK), the bank has managed to remain liquid and is currently operating normally, providing essential mobile banking services to its customers.

How To Deposit Money To Spire Bank Account From M-pesa

To deposit money into your Spire Bank account using M-pesa, follow these simple steps:

1. Go to the Safaricom Menu on your mobile phone and select “M-Pesa.”
2. Choose the “Lipa na M-Pesa” option.
3. Select the “Paybill” option.
4. Enter the Spire Bank paybill number, which is 498100.
5. Provide the Spire Bank account number where you intend to deposit the funds.
6. Enter the amount you wish to deposit.
7. Enter your M-pesa PIN and confirm to proceed with the transaction.
8. You will then receive a confirmation SMS from both M-pesa and Spire Bank, acknowledging your successful payment.

How To Withdraw Money To M-pesa From Spire Bank Account Using *286#

Spire Bank offers a convenient mobile banking platform that can be accessed through the USSD code *286#. By following these steps, you can easily withdraw money from your Spire Bank account to your M-pesa account:

1. Visit the nearest Spire Bank branch to register for the mobile banking service.
2. During the registration process, you will receive a one-time PIN (OTP), which you will use to activate your account.
3. Once you have activated your account, dial *286# on your mobile phone.
4. Log in using your credentials and navigate to the withdrawal section.
5. Choose the mobile withdrawal option.
6. Enter the mobile number to which you wish to send the funds.
7. Specify the amount you want to withdraw.
8. Enter your PIN to authorize the transaction.

How To Withdraw Money To M-pesa From Spire Bank Account Using Spire Gomobile App

Spire Bank provides a user-friendly mobile banking app called “Spire Gomobile App.” Follow these steps to withdraw money from your Spire Bank account to your M-pesa account using the app:

1. Download the Spire Gomobile App from the Google Play Store and install it on your mobile device.
2. Launch the app and proceed with the activation process by linking it to your Spire Bank account.
3. Once you have successfully activated the app, you can enjoy the following features:
   • Deposit and withdraw money.
   • Send money to M-pesa, either to yourself or to others.
   • Receive money from other accounts.
   • Purchase airtime for your mobile phone.
   • Pay bills, including utilities, goods, and services.
   • Access your account statement.
4. To withdraw money to your M-pesa account, navigate to the appropriate section within the app.
5. Enter the desired withdrawal amount and confirm the transaction by providing your PIN.

Conclusion

Spire Bank, previously known as Equatorial Bank, has experienced a significant turnaround following its acquisition by Mwalimu Sacco.

Despite facing financial difficulties in recent years, the bank has managed to remain operational and liquid, offering mobile banking services to its customers.

By utilizing the Spire Bank paybill number 498100, individuals can conveniently deposit money from their M-pesa accounts into their Spire Bank accounts.

Spire Bank provides two methods for withdrawing money to M-pesa: using the USSD code *286# or the Spire Gomobile App. These options offer flexibility and ease of access to customers, enabling them to manage their finances efficiently.