The largest bank in Kenya, Equity Bank, has a sizable clientele. Use the bank’s mobile banking app with a Mpesa paybill number to quickly deposit money into your accounts.
How to Deposit Money Using Equity Bank Paybill Number 247247
Using the Equity paybill number to send money is more swift, secure, and practical. You don’t need to be concerned about your money getting lost on the way to the bank.
The instructions for sending money from your Mpesa account to your Equity Bank account are as follows:
1. Select either the Mpesa app, Safaricom App, or the Safaricom Sim Toolkit.
2. Select Mpesa.
3. Select Lipa na Mpesa from the menu.
4. Select Paybill from the menu.
5. Choose “Enter business number” from the menu.
6. Enter the Equity Bank paybill number 247247.
7. Type in the number for your Equity Bank account. Don’t leave out any numbers. If the account number stats with zero, make sure you enter it there
8. Type in the amount you want to send, then continue.
9. Type in your Mpesa Pin.
10. Verify the information, and if everything looks correct, click the Send button.
You’ll get a confirmation message from Equity Bank and Safaricom. In the event that a problem arises, these texts serve as proof that the transaction was successful.
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Check your balance if you don’t receive either of the texts. You can retry the transaction if the balance remains unchanged. Contact equity customer support at 0763 000 000 if it has been processed but there has been no confirmation or if the amount on your equity account is still lower than you had anticipated.
The two largest and most prosperous corporations in Kenya are Equity and Safaricom. Consequently, a large number of customers employ this service. Kenyans can now securely deposit funds using their paybill numbers thanks to this arrangement.