You can do this transaction anywhere, at any time, using the Co-op bank pay bill number and your Co-operative account number. The Paybill number for Co-op Bank is 400200.
Cash Deposit via Co-op Bank Pay Bill No.
The steps for depositing money from Mpesa to your Co-operative bank account using the Co-op bank paybill number are detailed in the guide that follows.
- Open the Sim Tool Kit on your smartphone, then select Mpesa. The Safaricom App or the Mpesa App can both be used to complete this operation.
- Choose Paybill from the menu.
- Choose “Enter Business No.” from the menu.
- Enter the Co-op bank Paybill number, 400200, and then click “Ok.”
- Next, input your Co-operative account number in the space provided before pressing the “Ok” button.
- Enter the amount you wish to deposit into the Co-operative bank account number in the amount column, then click the “Continue” button.
- Type in the Mpesa pin and click “OK.”
- Check all the information you have entered in to make sure it is correct before you submit the form. If all is in order, click Okay.
- Mpesa gives you a verification window to ensure that you are comfortable with the contents. If the information is accurate, ignore it. However, you will have a little window of time to retract it if the data is inaccurate. To stop the transaction, dial 1 or any other digit.
- You will receive a confirmation message from both Mpesa and Co-op Bank.
You can save time and effort by using this straightforward procedure rather of going to your bank to deposit cash.
Every time you want to make a deposit or withdrawal, you don’t have to go to the bank physically. Simply use your cell device to deposit money from your Mpesa account to your Co-operative Bank account if the transaction is for Kshs 300,000 or less.