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Taurrus
#31 Posted : Thursday, June 22, 2017 4:26:28 PM
Rank: Member

Joined: 8/25/2015
Posts: 839
Location: Kite
mkeiy wrote:
Angelica _ann wrote:
mkenyan wrote:
KulaRaha wrote:
This pesalink looks like a monumental failure, as expected!

Now its free for 2 months, telling us how useless it is.

Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!

i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. and while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor.


Good advice right there smile smile smile


Which banks are these that have limits?
I use Family & Stanbic, they have no such limits.

Kwa members smile
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Impunity
#32 Posted : Monday, June 26, 2017 6:09:43 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Taurrus wrote:
mkeiy wrote:
Angelica _ann wrote:
mkenyan wrote:
KulaRaha wrote:
This pesalink looks like a monumental failure, as expected!

Now its free for 2 months, telling us how useless it is.

Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!

i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. and while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor.


Good advice right there smile smile smile


Which banks are these that have limits?
I use Family & Stanbic, they have no such limits.

Kwa members smile


KCB was the first i signed with then they limited me to 100K...I just ship next door to Stanbic n am now home.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Angelica _ann
#33 Posted : Monday, June 26, 2017 8:23:46 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Anybody with Coop or Equity experience?
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Lolest!
#34 Posted : Tuesday, June 27, 2017 6:20:57 AM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
Impunity wrote:
Taurrus wrote:
mkeiy wrote:
Angelica _ann wrote:
mkenyan wrote:
KulaRaha wrote:
This pesalink looks like a monumental failure, as expected!

Now its free for 2 months, telling us how useless it is.

Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!

i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. and while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor.


Good advice right there smile smile smile


Which banks are these that have limits?
I use Family & Stanbic, they have no such limits.

Kwa members smile


KCB was the first i signed with then they limited me to 100K...I just ship next door to Stanbic n am now home.

The KCB option with 100k limit is not pesalink. It's their normal mobile transfer service that predates pesalink

I tried using pesalink with my kcb account. Was sending to another KCB account and the amount was huge. When you get to that part for choosing the recipient bank, KCB isn't among the choices!
Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
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tnai9
#35 Posted : Tuesday, June 27, 2017 2:42:45 PM
Rank: Member

Joined: 6/21/2010
Posts: 345
Location: easto
Angelica _ann wrote:
Anybody with Coop or Equity experience?


I received 850K in my Coop Account in May this year(From think Barclays). It was so fast. I haven't tried to pay out as mostly I do internal transfers. But I suppose it should work. Coop services have generally really improved.
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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chikonde
#36 Posted : Wednesday, June 28, 2017 9:36:41 AM
Rank: New-farer

Joined: 1/15/2010
Posts: 81
Found out yesterday that both sending AND receiving accounts have to be registered with Pesa Link for it to work.
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kawi254
#37 Posted : Wednesday, June 28, 2017 9:40:47 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
chikonde wrote:
Found out yesterday that both sending AND receiving accounts have to be registered with Pesa Link for it to work.


Receiving account does NOT have to be registered with PESALINK. Just PESALINKed my rent from Equitel to Barclays account that is unregistered...transaction fee was zero.
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chikonde
#38 Posted : Wednesday, June 28, 2017 10:05:59 AM
Rank: New-farer

Joined: 1/15/2010
Posts: 81
Oh? I bank with Barclays and I found that they had linked me to PesaLink without me knowing (I use their internet banking, maybe that's how). Your recipient may also have been linked unbeknownst to him. Anyway, all good then!
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kawi254
#39 Posted : Wednesday, June 28, 2017 10:59:42 AM
Rank: Member

Joined: 2/20/2015
Posts: 468
Location: Nairobi
chikonde wrote:
Oh? I bank with Barclays and I found that they had linked me to PesaLink without me knowing (I use their internet banking, maybe that's how). Your recipient may also have been linked unbeknownst to him. Anyway, all good then!



The PESALINK SMS reads "XXXXXXXXX Confirmed. KES XXXXX.XX sent to Acc No. XXXXXXX on dd/mm/yy at HH:MM:SS who is unregistered in PESALINK"

from above clearly recipient bank account is NOT registered to PESALINK and transaction still went through. PESALINK is just RTGS and you don't have to do anything to receive RTGS.
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chikonde
#40 Posted : Wednesday, June 28, 2017 11:38:32 AM
Rank: New-farer

Joined: 1/15/2010
Posts: 81
Mmmm, ok, good to know, thanks.
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