The convenience of modern technology has made key services accessible easily, banking not the least of those. There are a variety of ways to access funds in your Equity bank account- ATM, an agent, or through an Equitel line. Here are the withdrawal charges across all the various means in 2023.
Equity Bank ATM and Agent Withdrawal Charges
It is important to note that Equity Bank has standardized costs for ATM and Agent transactions. Therefore, what it costs to make a withdrawal at an agent is the same as when using an ATM.
| Minimum |
Maximum |
ATM Charges |
| Ksh.100 |
Ksh.2500 |
Ksh.30 |
| Ksh.2,501 |
Ksh.5,000 |
Ksh.54 |
| Ksh.5,001 |
Ksh.10,000 |
Ksh.90 |
| Ksh.10,001 |
Ksh.20000 |
Ksh.174 |
| Ksh.20,001 |
Ksh.35,000 |
Ksh.204 |
| Ksh.35,001 |
Ksh.50,000 |
Ksh.234 |
| Ksh.50,001 |
Ksh.100,000 |
Ksh.70 |
Equitel Withdrawal Charges
Equitel is Equity Bank’s mobile phone platform that allows you to carry out your financial transactions as well as make calls, send SMSs and access the internet.
| Here are the charges |
| Minimum Amount |
Maximum Amount |
Total Charge to customer (tax incl) |
| 100 |
2,500 |
27.50 (Maximum Charge) |
| 2,501 |
5,000 |
49.50 (Maximum Charge) |
| 5,001 |
10,000 |
82.50(Maximum Charge) |
| 10,001 |
20,000 |
159.50 (Maximum Charge) |
| 20,001 |
35,000 |
187.00 (Maximum Charge) |
| 35,001 |
50,000 |
214.50 (Maximum Charge) |
| 50,001 |
100,000 |
242.00 (Maximum Charge) |
Equitel Transfer Charges
| Transfer Amount (Kshs) |
| From |
To |
| 1 |
100 |
| 101 |
500 |
| 501 |
1,000 |
| 1,001 |
1,500 |
| 1,501 |
2,500 |
| 2,501 |
3,500 |
| 3,501 |
5,000 |
| 5,001 |
7,500 |
| 7,501 |
20,000 |
| 20,001 |
150,000 |
|
| Bank Charge (Kshs) |
| To Mpesa |
To Airtel Money |
| 0 |
0 |
| 10 |
11 |
| 12 |
13 |
| 14 |
20 |
| 23 |
25 |
| 33 |
35 |
| 43 |
45 |
| 55 |
55 |
| 65 |
65 |
| 67 |
65 |
|
By 
Too much charges you need to reconsider