In a recent announcement, Airtel Money has updated its charges for both transfers to other networks and withdrawal transactions. This change will come into effect starting October 25, 2023.
The restructuring of these transaction fees reflects Airtel Money’s ongoing commitment to providing its customers with economical solutions. As they transact across diverse bands, the company aims to ensure cost-effective services.
Of notable mention is the continuation of the company’s policy that allows customers to send money from one Airtel user to another absolutely free of charge. Moreover, the charges for withdrawals and transferring money to other networks will still be considerably affordable compared to the current market standards.
Airtel Money Revised Transaction Charges:
|Transaction Limits in KES||Airtel to Airtel Charges||Transfer to Other Networks||Withdrawal Charges|
|1 – 49||Free||0||0|
|50 – 100||Free||0||10|
|101 – 500||Free||6||25|
|501 – 1,000||Free||11||25|
|1,001 – 1,500||Free||20||25|
|1,501 – 2,500||Free||30||25|
|2,501 – 3,500||Free||50||44|
|3,501 – 5,000||Free||70||55|
|5,001 – 7,500||Free||80||95|
|7,501 – 10,000||Free||90||135|
|10,001 – 15,000||Free||95||150|
|15,001 – 20,000||Free||95||160|
|20,001 – 25,000||Free||100||160|
|25,001 – 35,000||Free||105||240|
|35,001 – 40,000||Free||105||260|
|40,001 – 45,000||Free||105||270|
|45,001 – 50,000||Free||105||300|
|50,001 – 250,000||Free||105||300|
In an official statement, Anne Kiniuthia-Otieno, the Managing Director of Airtel Money Kenya, remarked, “We have reviewed our Airtel Money transaction fees to enable our customers to continue enjoying affordable prices while transacting through their mobile money wallets.”
Airtel Money says it is tirelessly working to widen its agent network across the country. Customers can easily access the services by dialing *334# or through the My Airtel App to take advantage of the competitive transaction charges. The company remains steadfast in its mission to provide an unparalleled customer experience brimming with innovative solutions.