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How To Transfer Money From M-Pesa To Consolidated Bank

by Misoi Duncan
December 28, 2025
in How To
Reading Time: 3 mins read
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Looking to transfer money from M-Pesa to Consolidated Bank? Whether you need to pay bills, save money, or manage business finances, M-Pesa offers a simple and secure way to send funds directly to your Consolidated Bank account.

In this guide, we will walk you through the step-by-step process for transferring money from M-Pesa to Consolidated Bank. We’ll also highlight the bank’s mobile banking services and provide contact information in case you need any assistance.

M-Pesa to Consolidated Bank: Step-By-Step Transfer Guide

Transferring money from M-Pesa to Consolidated Bank is fast and easy. Just follow these simple steps:

Steps to Transfer Money
  1. Open your M-Pesa menu on your phone.
  2. Select Lipa na M-Pesa.
  3. Choose Paybill.
  4. Enter Business Number: 508400 (This is Consolidated Bank’s Paybill number).
  5. Enter your Consolidated Bank account number as the account number.
  6. Type in the amount you want to send.
  7. Enter your M-Pesa PIN and confirm the transaction.
  8. You will receive SMS confirmation from both M-Pesa and Consolidated Bank.

Once confirmed, the money will be transferred to your Consolidated Bank account.


Why Use Consolidated Bank Mobile Banking?

Consolidated Bank offers mobile banking services that make banking easier and more accessible, allowing you to manage your finances from anywhere, at any time.

You can register for mobile banking by dialing *262# or visiting a branch. Here are some features of Consolidated Bank Mobile Banking:

  • Check your balance and view a mini statement.
  • Stop a lost ATM card or cheque payment.
  • Buy airtime, request an ATM card, or order a cheque book.
  • Send or receive money using PesaLink.
  • Pay bills such as KPLC, DSTV, GOTV, Zuku, and Nairobi Water.
  • Change your PIN and receive transaction alerts.
  • Send money from M-Pesa to your bank and vice versa.

With these features, you can easily manage your Consolidated Bank account and make transactions without the need to visit the bank.


Consolidated Bank Contact Information

If you need help or have any questions, feel free to reach out to Consolidated Bank:

  • Location: Consolidated Bank House, 23 Koinange Street, Nairobi
  • Phone: 0703 016 000 / 0703 016 400 / 0703 016 402

The bank’s customer support team is ready to assist you with any inquiries related to your transfer or mobile banking services.

Tags: Consolidated Bank mobile servicesConsolidated Bank PaybillM-Pesa to Consolidated BankM-Pesa transferMobile Banking
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Misoi Duncan

Misoi Duncan

www.misoiduncan.com is a Kenyan-based blog dedicated to providing insightful news, guides, and updates on technology, finance, travel, sports, and lifestyle. The platform aims to inform, educate, and entertain Kenyan readers by delivering accurate, up-to-date content that addresses everyday challenges, emerging trends, and opportunities within Kenya and beyond. Whether it’s step-by-step “how-to” guides, in-depth analyses, or local and international news, www.misoiduncan.com is your go-to resource for practical and engaging information.

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