Nairobi — Low-value transaction customers will now pay zero fees for Pesalink transfers below Sh1,000 following a revision of GTBank Kenya's digital banking charges.
The lender says its latest move signals a continued focus on practical, inclusive banking solutions that reduce costs for everyday users.
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.
"At Guaranty Trust Bank, our customers' daily financial needs guide our decisions. By revising our PesaLink charges, we are making digital transfers more affordable and accessible for everyone," said Jubril Adeniji, Managing Director of Guaranty Trust Bank (Kenya).
"This move reflects our commitment to delivering greater value, convenience, and a seamless banking experience to Kenyans."
The change is expected to benefit individuals and small businesses that frequently move small sums, allowing them to transact more cost-effectively while still enjoying the speed and convenience of the bank's digital platforms.
According to GTBank Kenya, as competition in Kenya's digital banking space grows, institutions are increasingly targeting low-value transaction users with customer-friendly pricing strategies.
