Ecobank Paybill Number 700201

Ecobank Kenya is part of a pan-African bank based in Lomé, Togo. In west Africa, Ecobank is one of the largest banks but in Kenya, it is one of the mid-tier banks.

Ecobank Kenya offers mobile banking services as well as mobile app for ease of access to the banking services.

How To Deposit Money To Ecobank Using M-pesa

Using Ecobank paybill number 700201, you can make direct deposit from your M-pesa account to any bank account. This is done by following these simple steps outlined below.

  1. Go to your Mpesa toolkit or Safaricom app
  2. Choose Lipa na Mpesa option
  3. Select Pay Bill
  4. Enter Ecobank paybill number 700201 for the business number
  5. Enter the Ecobank account number that you intend to deposit funds to in the Account no. option.
  6. Enter the amount that you wish want to deposit
  7. Enter your M-pesa PIN. Confirm the transaction details and then send
  8. You will receive a notification message confirming the success of your transaction.

How To Withdraw Money From Ecobank Account To M-pesa

With the use of mobile banking, you will be able to transfer money from your bank account to your mobile phone or other people mobile phones.

  1. You simply need to dial the Ecobank USSD code *335# from your phone.
  2. Enter your password
  3. Select withdraw money
  4. Select Mobile money option
  5. Select withdraw to M-pesa
  6. Select or enter the M-pesa number you wish to send funds to
  7. Select the account from which the money will be withdrawn from
  8. Enter the amount you wish to send to M-pesa
  9. Enter Pin
  10. Send.

From the Ecobank short code *335#, you can be able to access the following services;

  • Deposit and withdraw money
  • Send money to friends and family for them to redeem at our agents
  • Receive money
  • Purchase airtime
  • Pay for bills, goods and services
  • Check your account
  • Agents and small businesses can make collections electronically

How To Withdraw Money From Ecobank Account To M-pesa Using Ecobank Mobile App

The app is available from google play store and once it has been connected and activated, you can withdraw money from Ecobank account to M-pesa by following these simple steps.

  1. Login to the app by entering your password.
  2. Select send money from the options available
  3. Select send to M-pesa
  4. Enter the M-pesa number you want to send money to
  5. Select the account from which the money will be drawn (if you have more than one Ecobank account)
  6. Enter the amount you wish to send
  7. Click send. An authorization code will be sent to the registered phone number.
  8. Enter the authorization code received and click send.
  9. You will receive a confirmation message from Ecobank and M-pesa on the success of the transaction.

See also:

Conclusion

Ecobank has made banking easy and seamless by use of the mobile banking. With mobile banking and the Ecobank app, you do not have to worry about the bank hours being past. You can deposit money or withdraw money from the bank account 24hrs a day.

Check out these other banks in Kenya, their paybill numbers and USSD codes here.

Author

  • Ravasco Kalenje

    Ravasco Kalenje is the visionary founder and CEO of Jua Kenya, a comprehensive online resource dedicated to providing accurate and up-to-date information about Kenya. With a rich background in linguistics, media, and technology, Ravasco brings a unique blend of skills and experiences to his role as a digital content creator and entrepreneur. See More on Our Contributors Page

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