Airtel Money increases withdrawal fees in Kenya

Airtel Money

Airtel Money has adjusted its tariff guide for the Kenyan market. In this new move, customers will have to pay a little bit more to withdraw cash from Airtel Money agents, although the majority of charges, mostly when sending money to other networks (M-PESA and T-Kash), have remained the same. To note, Airtel to Airtel transfers will remain free. The new charges go into effect today, October 25.

Here are the new charges:

Transaction Limitsand bands in KESAirtel to Airtel ChargesTransfer to other NetworksWithdrawal charges
MinMaxChargesChargesCharges
149Free00
50100Free010
101500Free625
5011,000Free1125
1,0011,500Free2025
1,5012,500Free3025
2,5013,500Free5044
3,5015,000Free5055
5,0017,500Free7070
7,50110,000Free8095
10,00115,000Free90135
15,00120,000Free95150
20,00125,000Free95160
25,00135,000Free100160
35,00140,000Free105240
40,00145,000Free105260
45,00150,000Free105270
50,001250,000Free105300

For context, here is what the telco used to charge customers prior to this change:

MinMaxSend to AirtelSend to other networksWithdraw from Airtel Money Agent
1049FREE0N/A
50100FREE09
101500FREE622
5011000FREE1023
10012500FREE2025
25015000FREE5040
500110,000FREE7575
10,00125,000FREE90125
25,00135,000FREE100160
35,00145,000FREE105225
45,00170,000FREE105270
70,001150,000FREE105270
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