ABC Bank introduces new money transfer service

ABC Bank customers living in the Diaspora can now transfer money from their bank accounts to any Mpesa account in Kenya in real time, following the launch of the Account-to-Mpesa money transfer service. The new service, commonly known as Bank or Business-to-Customer (B2C) transfer allows customers to transfer funds using the bank's Internet Banking platform and is available to both domestic and Diaspora customers. Customers have the option to use the internet banking web platform or the mobile application to carry out these transactions. Amounts transferable are subject to M-Pesa transaction and daily limits. The service is offered in partnership with Safaricom. For one to use the service, they must have an account with ABC  and be registered for its Internet Banking service.