KCB Bank has significantly reduced fees for its Pesalink money transfer service, making it more affordable for customers. Transacting via Pesalink now costs a flat KSh20 for transfers over KSh1,000, with smaller amounts being free.

• A flat fee of KSh20 for transactions above KSh1,000, and free for amounts below.
• KCB Bank, with Managing Director Annastacia Kimtai highlighting the move's aim to expand financial access.
• Joins other banks like DTB and GTBank in lowering transaction costs for instant payments.