Pesalink is an interbank money transfer solution that enables you to send and receive funds to and from your KWFT account in real time. Through Pesalink you can send and receive money through KWFT Branch, the mobile platform (App and USSD *692#) and ATM.
Benefits
- It is real time 24/7 transfers.
- Reduced risk of handling cash
- Cost reduction
- Time saving
Requirements
- You must Link your phone to Pesalink through the KWFT mobile banking platform. (Option 4)
How to Link your phone to Pesalink
- Select Pesalink (option 4) on the KWFT mobile banking Menu.
- Select “Link your phone” on the PesaLink menu option.
- Select the account number you want to link from your list of accounts.
- Select Yes/No to designate your main account for payments.
- Enter transaction pin
- You will receive a confirmation notification from PesaLink.
How to send money
Pay to Phone:
- Dial *859#
- Select Pesalink (option 6) on the KWFT mobile banking menu.
- Select ‘PAY TO PHONE’ on the Pesalink menu option.
- Select account.
- Enter phone number
- Select from accounts linked
- Enter amount to send
- Enter transaction narration
- Confirm the person’s details i.e. the phone number, name and amount to send.
- Enter transaction pin
- You will receive a confirmation notification from the bank indicating the recipients account number, bank name, amount sent and reason for payment.
Pay to Account
- Dial *859#
- Select Pesalink (option 6) on the KWFT mobile banking menu.
- Select ‘Pay To Account’ on the Pesalink menu option.
- Select accounts
- Enter recipients’ account.
- Select bank category i.e. the first letter of the Bank name from the list provided.
- Select the bank name from the list displayed.
- Enter amount to pay.
- Enter reason for payment
- Enter transaction narration
- Confirm the person’s details. Bank name, amount, account number and account name
- Enter transaction pin
- You will receive a confirmation notification from the bank indicating the recipients account number, bank name, amount sent and reason for payment.
PesaLink FAQs
What is Pesalink
Pesalink is a money transfer service from a local Kenya Shillings bank account to another local Kenya Shillings bank account in real-time. It is collaboration between all local banks who are members of the Kenya Bankers Association (KBA) and is managed by Integrated Payment Services Limited (IPSL) which is a subsidiary of KBA.
Why should I use Pesalink?
Pesalink is real-time, available 24/7 and you can transfer from as low as KES 10 to as high as KES. 999,999. It is also safe since it eliminates the use of cash as a mode of payment
How do I access Pesalink?
Pesalink can be accessed via
- KWFT Mobile Banking (App and USSD)
- KWFT ATMs
- KWFT Branch
How do I send money through Pesalink?
- Using USSD, dial *859# and select Pesalink
- From the KWFT branch
- KWFT ATM
- Using the KWFT mobile banking app
Do I need a Smartphone to use Pesalink on mobile?
- One does not need a Smartphone to access Pesalink on mobile. Pesalink is accessible on USSD.(*692#)
How do I send payments using Pesalink?
- You can send payments using KWFT channels by going to the Pesalink menu on the KWFT channel.
How do I receive payments using my mobile phone number?
- To receive payments one has to have linked their phone number to an account.
Can I use Pesalink if I don’t have a mobile phone?
- Yes you can Pesalink is available on KWFT ATMs or nearby branch.
Can I register with more than one of the participating Banks?
- Yes you can if you have an account with them.
Can I send money if I am not linked to my account?
- No. To send you need to link your account.
Western Union money transfer service is an easy way to send or receive money to friends and family almost anywhere in the world. This service is available in selected KWFT branches.
Benefits
- Receive or send money within minutes.
- Easy to receive or send money.
- Convenient.
- Secure and reliable means to track money.
Receiving Money
In order to receive money you will need to:
- Visit a KWFT branch near you
- Pick the “To receive money western union form” and fill the required details correctly.
- Provide your Identification document.
- The teller will give you the cash and receipt.
Sending Money
In order to send money you will need to:
- Visit a KWFT branch near you
- Provide your Identification and contact details.
- Give the teller the cash you want to send.
- Provide details of the person you are sending money to (Name, Country, secret question and answer)
- Save the receipt and share the tracking (MTCN) with the receiver.
Rates
- Confirm with the teller current fees for cash transfer
- Collection of money is free of charge
MoneyGram makes sending and receiving money transfers easy and convenient locally or around the globe. MoneyGram is available in selected KWFT branches.
Benefits
- Fast -few minutes’ service.
- Safe -Trusted by families around the world for more than 70 years.
- Convenient- A global network of more than 300000 locations at your service.
- Affordable – Low fees to send money
Send Money
In order to send money you will need to:
- Visit a KWFT branch near you
- Present a valid government-issued photo ID
- Complete Send Money form
- Review and sign the receipt.
- Share the 8-digit Reference Number with your receiver for easy pick-up
Receive Money
In order to receive money you will need to:
- Visit a KWFT branch near you
- Present a valid government-issued photo ID
- complete Receive Money form
- Review and sign the receipt
- Receive your money (usually in local currency)
Rates
- Confirm with the teller current fees for cash transfer
- Collection of money is free of charge
This service is available in all of the KWFT branches countrywide. KWFT also offers super agency services to M-Pesa agents.
Requirements
- All you require is a phone or till number and your national identification card.
How to Deposit Money from Mpesa to KWFT Account (USSD)
- Go to the phone menu and select Safaricom
- Select Mpesa Menu then Lipa na Mpesa
- Select Pay Bill
- Enter Business Number (101200)
- Enter your KWFT account number
- Enter the amount
- Enter your Mpesa PIN
- You will receive a confirmation message from KWFT
How to send money from your KWFT Account to Mpesa
- Dial *859#
- Enter your Mobile Banking PIN
- Select funds transfer
- Select mobile money transfer
- Select Account to M-pesa
- Select either to my phone or to another phone
- For my phone Enter amount to send
- For another phone enter the mobile number then amount to send
- Select account
- Accept or cancel.
- You will receive a confirmation message from KWFT
Deposit and withdraw money from your Airtel Money account. This service is available in all of the KWFT branches countrywide. KWFT also offers super agency services to Airtel agents.
Requirement
All you require is the phone or till number and your national identification card
How to Deposit Money from Airtel Money to KWFT account (USSD)
- Dial *222*5#
- Select Paybill
- Select Other
- Enter Business Name: 101400
- Enter Amount
- Enter PIN
- Reference Number: Bank Account Number
- Submit
- Enter PIN
How to send money from your KWFT Account to Airtel Money
- Dial *859#
- Enter your Mobile Banking PIN
- Select funds transfer
- Select mobile money transfer
- Select Account to Airtel Money
- Select either to my phone or to another phone
- For my phone Enter amount to send
- For another phone enter the mobile number then amount to send
- Select account
- Accept or cancel
- You will receive a confirmation message from KWFT
As we spend our day-to-day business activities using one currency, there are times when exchange services may be required and KWFT offers competitive foreign exchange services in the following International currencies:
- USD
- EUR
- GBP
Benefits of transacting with us
- Competitive exchange rates
- Timely and assured delivery
- Advisory services