Diamond Trust Bank (DTB) has announced the introduction of a simplified and reduced pricing model for Pesalink transactions, offering customers a flat fee of KES 20 for transfers above KES 1,000, and free transfers for amounts up to KES 1,000.
The lender said the revised pricing is part of its efforts to make everyday banking faster, simpler, and more affordable for customers while supporting the wider push for digital payments in the country.
Pesalink, operated by Integrated Payment Services Limited (IPSL) under the Kenya Bankers Association (KBA), enables real-time transfers between bank accounts across participating financial institutions. The platform has played a key role in advancing seamless, instant payments within the banking ecosystem.
Previously, Pesalink transactions were charged using a tiered pricing model across the banking industry, where fees varied depending on the amount transferred.
DTB noted that the new flat fee structure removes this complexity by giving customers a clear and predictable cost regardless of the size of the transaction, making it easier for individuals and businesses to plan their payments.
“Customers today expect speed, simplicity and affordability in how they move money. With this new pricing, we are making instant bank-to-bank transfers more accessible, whether for small everyday transactions or larger payments. It is a meaningful step towards making digital payments work better for our customers.” Murali Natarajan, CEO and MD of DTB Kenya said.
He acknowledged the role played by industry partners in driving this evolution, adding, “We commend the efforts of IPSL in continuously strengthening the Pesalink platform and working with banks to enhance its value to customers.This collaboration is key to building a more efficient and inclusive payments ecosystem.”
The service is available across multiple DTB channels, including mobile banking, internet banking, and branch networks, ensuring customers can access instant payments conveniently, anytime and anywhere.
The revised pricing is expected to further position bank-to-bank transfers as a practical and competitive option for everyday payments.
By significantly lowering the cost of instant transfers, DTB is enabling customers to use their bank accounts more actively for day-to-day transactions, not just occasional or high-value payments.
