This article will guide you on how to transfer money from mobile money to an Eco bank account.
Eco bank mobile customers can make rapid money transfers from bank to wallet and from wallet to account on their mobile phones. However, this is only possible if you register for mobile banking. Here is how to deposit money from mobile money to the Eco bank account.
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How to Deposit Money from MTN Mobile Money to Eco Bank Account
Follow the steps below to send money from your MTN MoMo wallet to your Eco Bank account;
1. Open the dialer app, dial *165#, and press the dial button.
2. Choose option 6, which is Financial Services.
3. Select option 1, Bank deposit.
4. Go to the next page and select a number that corresponds to Eco Bank.
5. Enter the account number you are sending money.
6. You will be prompted to enter the amount that you are willing to transfer.
7. Confirm with MTN mobile money pin.
NOTE: Transfer charges are determined by MTN Uganda. The Eco bank account holder should strictly use a number you used for mobile banking registration.
MTN Wallet to Bank Charges
| TIERS | CHARGES |
| 500 – 2500 | N/A |
| 2,501-5,000 | 1,500 |
| 5,001 – 15,000 | 1,500 |
| 15,001 – 30,000 | 1,500 |
| 30,001 – 45,000 | 1,500 |
| 45,001 – 60,000 | 1,500 |
| 60,001 – 125,000 | 1,500 |
| 125,001 – 250,000 | 2,250 |
| 250,001 – 500,000 | 4,100 |
| 500,001 – 1,000,000 | 6,150 |
| 1,000,001 – 2,000,000 | 9,250 |
| 2,000,001 – 3,000,000 | 11,300 |
| 3,000,001 – 4,000,000 | 11,300 |
How to Deposit Money from Airtel Money to Eco Bank Account
The steps below will guide you on how to send money from your Airtel Money mobile account to your Eco Bank account;
1. Dial *185# the press OK.
2. Opt for option 7, Financial Services.
3. Select option 1, Banks.
4. Go to the next page by entering 10 then select a number that corresponds to the Eco Bank option.
5. Key in the Account number.
6. Enter the amount that you want to transfer to your bank account.
7. Confirm with Airtel Money pin.
NOTE: Transfer charges are determined by Airtel Uganda. You should strictly use a number you used for mobile banking registration.
Airtel Wallet to Bank Charges
| TIERS | CHARGES |
| 5,001 – 15,000 | 700 |
| 15,001 – 30,000 | 900 |
| 30,001 – 45,000 | 1,350 |
| 45,001 – 60,000 | 1,500 |
| 60,001 – 125,000 | 2,000 |
| 125,001 – 250,000 | 2,250 |
| 250,001 – 500,000 | 6,000 |
| 500,001 – 1,000,000 | 9,000 |
| 1,000,001 – 2,000,000 | 13,500 |
| 2,000,001 – 3,000,000 | 16,500 |
| 3,000,001 – 4,000,000 | 16,500 |
| 4,000,001 – 5,000,000 | 16,500 |