Digital innovations have eased the process of transferring funds between your M-Pesa wallet and your NCBA bank account in Kenya. The following procedures, codes, and tips are handy in this regard.
1. NCBA USSD Code
The NCBA USSD code enables one to access a number of banking services right from their phone. Subscribers to NCBA can, with the use of *488#, proceed to view account balances, make money transfers, access mini-statements, and pay bills.
The USSD service is simple to operate, with secured banking that does not require internet connectivity; hence, it's a trusted tool for mobile banking over areas with no or minimal connectivity.
2. NCBA Paybill Number
You will need an official Paybill number from the bank for the deposit of money into your NCBA account from M-Pesa. The Paybill number for NCBA is 880100. It is the number through which you can transfer funds from your M-Pesa account to your bank account with ease.
3. How to Send/Transfer/Deposit Money from M-Pesa to NCBA Account
You can deposit cash from your M-Pesa account into your NCBA bank account by following these steps:
- Open your M-Pesa menu from your mobile phone.
- Select the option Lipa na M-Pesa.
- Select the option Paybill.
- Under the pay bill number, input NCBA Paybill number 880100.
- For the account number, enter your NCBA account number.
- Enter the amount you want to transfer.
- Put in your PIN for M-Pesa and confirm the transaction.
- A confirmation SMS will be sent to you from M-Pesa and NCBA upon successful transaction completion.
4. Key Considerations When Transferring Money
- Transaction Charges: Always be aware of the transaction charges anytime you want to transfer money from M-Pesa into your NCBA account.
- Confirmation Messages: For every transaction, there should be an SMS confirming the same from M-Pesa and also from NCBA to ensure that your transfers go through successfully.
- Limits on Transfers: Be sure about the daily transaction limits by M-Pesa, which may not allow huge transfers.
5. Additional Services Related to NCBA and M-Pesa
Asides from this money transfer facilitation, NCBA, through M-Pesa, offers the customer a wide array of services to include loan repayments, bills, and even quicker transfers to other accounts. NCBA also provides mobile banking through its app, which supplements their USSD services for users who have access to smartphones.
Conclusion
Transacting funds from M-Pesa through to your bank account in NCBA is not a hassle, courtesy of the bank's Paybill number and USSD services. The steps highlighted above will get one through understanding each of these services involved in cash management convenience anywhere in Kenya.