SBM Bank is a Mauritian bank that bought into the collapsed Chase Bank Kenya. The new multinational bank pumped new capital into the collapsed Kenyan bank and rebranded to SBM Bank.
They SBM bank paybill number 552800 enables customers to make direct deposits of cash from M-pesa using the Safaricom paybill services.
How To Deposit Money To SBM Bank Using Paybill Number
In order to make the deposit to any SBM bank account, you need to follow these simple steps;
- Open your M-Pesa Menu in Sim tool kit or Safaricom App
- Select Lipa na M-Pesa
- Choose the Paybill Option
- Enter SBM bank paybill number 552800 as the business number
- Enter SBM bank account number where you wasn’t to make the deposit for Account Number
- Enter the amount of money you want to deposit to your SBM Bank Account.
- Enter your M-Pesa PIN and Confirm transaction
- You will receive a notification message from both M-Pesa and SBM Bank confirming the transaction.
How To Withdraw Money From SBM Bank To M-pesa
After registering for the mobile banking, you can access your bank account by dialing SBM bank UUSD code *275#.
Input your password and in the menu select withdraw funds. Select whether to send money to your number or other number.
Enter the number you want to send cash to, the amount and then enter pin. Click send
You will receive confirmation message from M-pesa and also from SBM bank confirming the transaction.
SBM Bank Mfukoni App
Mfukoni app has been developed by the SBM bank to enable customers access the banking services wherever they all. Some of the features of the App include;
- Easier layout and navigation
Simple navigation between accounts. Automatic display of last 5 transactions for the selected account. Shortcut menus for most commonly used services e.g. MPESA, Paybill, Buy Airtime. Easy navigation by scrolling right/left and up/down - Personalization
You can add your photo to the app, set a theme (from three available themes) and also recommend the application to a friend - Convenience
With the app, you are able to pick contacts from your phonebook (for MPESA and airtime transactions), you can easily resetting and changing your PIN and be able to request for products and services directly e.g. additional bank accounts - Manage Your Bank Account
You can easily view account balances and transaction history - Pay Bills
You can pay bill from the app such as s – DSTV, GoTV, Kenya Power, Zuku, JTL, KRA Tax Payment - Money Transfer Services
Transfer Money Money Transfer between SBM Bank accounts and other Bank accounts - Cheques deposit
Deposit SBM Bank Cheques - Mobile Banking
Send and deposit money to and from MPESA - Airtime purchase
Purchase Airtime from Safaricom, Airtel and Orange - Locate SBM
Locate the nearest SBM Bank branches and ATMs
See also:
- First Community Bank Paybill Number 919700
- Spire Bank Paybill Number 498100
- Ecobank Paybill Number 700201
- Dubai Islamic Bank Kenya Paybill Number 342342
- Credit Bank Paybill Number 972700
- Consolidated Bank Paybill Number 508400
- Citibank Kenya Paybill Number 100229
- Using Bank Of Africa Paybill Number 972900
- Using ABC Bank Paybill Number 111777
- Deposit Money To Equity Bank Using Paybill Number 247247
- Deposit Money To DTB Bank Using Paybill Number 516600
- Deposit Money Using Family Bank Paybill Number 222111
- Deposit Money Using KCB Paybill Number 522522
- NCBA Bank Loop App Paybill Number 714777
- Deposit Money Using NCBA Bank Paybill Number 880100
- How To Use ABSA Bank Paybill Number 303030
- How To Use Co-operative Bank MCo-opCash App
- Co-operative Bank Paybill Number 400200
Conclusion
You can download the mfukoni app from Google play store and be on the way to hustle free banking experience with SBM bank. There is no charge for downloading Mfukoni, but data rates may apply. Delivery of account alerts may be delayed for various reasons, including service outages affecting your mobile device, wireless or internet provider; technology failures; and system capacity limitations. Look for other banks’ Paybill Numbers and USSD codes on this article.
