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Rethink fees on mobile money bank transfers

Monday, January 09, 2023 - 2 min read

The Central Bank of Kenya in Nairobi. FILE PHOTO | NMG

Nation Media Group

Central Bank of Kenya (CBK) announced last December, the return of charges on transactions between mobile money and banks from the New Year.

This is after the banking regulator suspended the charges on March 16, 2020, three days after Kenya reported its first case of the Covid-19 pandemic.

Note: The results are not exact but very close to the actual.

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