GTBank eases digital fees for low-value transfers
The new pricing, effective March 1, 2026, sets fees at Sh0 for transfers up to Sh1,000, Sh5 for amounts between Sh1,001 and Sh5,000, and Sh20 for transfers from Sh5,001 to Sh999,999. Kenya breaking news | Kenya news today |..
✨ Key Highlights
GTBank Kenya has revised its digital banking charges, significantly reducing fees for low-value Pesalink transfers to encourage more cost-effective and accessible digital transactions for everyday users.
- Customers can now make Pesalink transfers of Sh0 for amounts below Sh1,000.
- The revised pricing, effective March 1, 2026, involves GTBank Kenya and its Managing Director, Jubril Adeniji.
- This strategic move aims to benefit individuals and small businesses frequently handling small sums, offering a more convenient and seamless banking experience in an increasingly competitive digital banking landscape.
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SHA Pre-Authorization Disrupted by System Downtime - March 2026
Healthcare facilities across Kenya are experiencing disruptions in pre-authorization processes for the Social Health Authority platform due to system downtime that began on March 1, impacting critical services for patients. Separately, GTBank Kenya has revised its digital banking charges, significantly reducing fees for low-value Pesalink transfers to encourage more cost-effective digital transactions. In another development, a Nairobi-based law firm has formally petitioned the Directorate of Immigration Services for detailed records concerning the alleged irregular issuance of Kenyan passports to 28 foreign nationals.
