Consolidated Bank of Kenya
Send money from M-Pesa to a Consolidated Bank account.
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Send to Consolidated Bank — for less
Sending money to a Kenyan bank? The M-Pesa fee depends on the amount. Check the actual cost before you press send.
Calculate the feeHow to pay Consolidated Bank
M-Pesa
Pay via M-Pesa 508 400
- Open M-Pesa — dial *334# or open the M-Pesa app.
- Select Lipa na M-Pesa, then Pay Bill.
- Enter Business Number: 508 400
- Enter Account (Account Number): The recipient's Consolidated Bank account number.
- Enter the amount — in KES.
- Enter your M-Pesa PIN and confirm. You'll get an SMS confirmation.
Account format
Account Number: The recipient's Consolidated Bank account number.
Calculator preview
M-Pesa fees for Consolidated Bank
| Amount | M-Pesa fee | Total cost | % fee |
|---|---|---|---|
| KES 50 | Free | KES 50 | — |
| KES 200 | KES 5 | KES 205 | 2.50% |
| KES 1,000 | KES 10 | KES 1,010 | 1.00% |
| KES 5,000 | KES 34 | KES 5,034 | 0.68% |
| KES 20,000 | KES 62 | KES 20,062 | 0.31% |
About Consolidated Bank
Send money from M-Pesa to a Consolidated Bank account.
- Sector
- Bank
- Official site
- consolidated-bank.com
Frequently asked about Consolidated Bank
What is Consolidated Bank's paybill number?
Consolidated Bank's M-Pesa paybill is 508400. Send money from M-Pesa to a Consolidated Bank account.
How do I pay Consolidated Bank via M-Pesa?
Open M-Pesa, select Lipa na M-Pesa, then Pay Bill. Enter business number 508400, then your account (The recipient's Consolidated Bank account number.), then the amount, then confirm with your M-Pesa PIN.
What account number do I use for Consolidated Bank?
The recipient's Consolidated Bank account number.
Can I pay Consolidated Bank from abroad?
Yes — diaspora users typically send via remittance services like Wise, Sendwave, Lemfi, or WorldRemit, which deposit directly to Consolidated Bank's paybill 508 400. Compare fees on our diaspora hub before sending.
What are the M-Pesa fees for paying Consolidated Bank?
M-Pesa charges a transaction fee based on the amount sent. Use our M-Pesa fees calculator to see the exact 2026 cost for any amount.
What if I pay the wrong amount or use the wrong paybill?
Contact Consolidated Bank support immediately with your M-Pesa transaction code. If you sent to the wrong paybill entirely, contact Safaricom on 100 (free from a Safaricom line) within 7 days to request a reversal — though success isn't guaranteed.
How do I confirm my payment to Consolidated Bank went through?
M-Pesa sends a free SMS confirmation with a transaction code (e.g., ABC12DEF345). Save this code — it's your proof of payment. Consolidated Bank should also confirm receipt via their channels.
Further reading
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Paybill displayed: 508 400 (mpesa paybill). How we verify.