PesaLink on Binance
- Our rating
- 4.2
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-12
Yes. Binance takes PesaLink in Kenya. Transfers settle in real time on a service that runs 24 hours a day, seven days a week, with Bank of Africa Kenya quoting a maximum of 45 seconds per transaction. By reach it is 26th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries.
What PesaLink is
PesaLink is Kenya's bank to bank instant transfer network, operated by Integrated Payment Services Limited, a subsidiary of the Kenya Bankers Association, and live since 2017. It moves shillings directly between accounts at participating banks and other institutions connected to the network, reached from mobile and internet banking. It exists so that a bank customer can pay another bank customer without routing the money through a mobile money wallet first.
- Speed
- Transfers settle in real time on a service that runs 24 hours a day, seven days a week, with Bank of Africa Kenya quoting a maximum of 45 seconds per transaction.
- Cost of the rail
- Each bank publishes its own PesaLink tariff, typically a flat fee that steps up in bands with the amount; Bank of Africa Kenya charges nothing up to 1,000 shillings, rising to 200 shillings at the top band.
- Limits
- Bank of Africa Kenya caps a single PesaLink transfer at 999,999 shillings, with its tariff bands starting at 10 shillings, and other participating banks publish their own limits.
Where Binance offers PesaLink
Each country opens the Binance page for that market, with its rank there and every rail it takes. The number is Binance's rank in that country's guide.
Africa (1)
What PesaLink costs on Binance
SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.
Other ways to pay on Binance
37 other rails at least one country we rank Binance in uses, widest reach first.
- Credit or debit card181
- P2P trade131
- Local bank transfer90
- Wire transfer55
- Apple Pay33
- Google Pay33
- SEPA transfer32
- SEPA Instant20
- Bancontact1
- BLIK1
- CliQ1
- Elixir1
- EPS1
- Express Elixir1
- Fawri / Fawri+1
- FPS (Faster Payment System)1
- Furikomi bank transfer1
- IMPS1
- Instant EFT1
- Instant peso transfer (CBU/CVU)1
- Klarna1
- Multicaixa Express1
- NEFT1
- Pago Móvil1
- PayID / Osko1
- Pix1
- PromptPay1
- PSE1
- QR payment1
- SINPE Móvil1
- Sofort1
- SPEI1
- TED1
- UPI1
- Elcart1
- Daviplata1
- Nequi1
Frequently asked questions
Does Binance accept PesaLink?
Yes, in Kenya. By reach it is 26th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.
In which countries can I use PesaLink on Binance?
Kenya, from our country guides reviewed between 2026-08-20 and 2026-08-20.
How long does a PesaLink deposit take on Binance?
Transfers settle in real time on a service that runs 24 hours a day, seven days a week, with Bank of Africa Kenya quoting a maximum of 45 seconds per transaction. That describes the rail itself; Binance may hold a first deposit for longer while it verifies your account.
What does PesaLink cost on Binance?
Each bank publishes its own PesaLink tariff, typically a flat fee that steps up in bands with the amount; Bank of Africa Kenya charges nothing up to 1,000 shillings, rising to 200 shillings at the top band. On Binance's side: SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.
Are there limits on PesaLink deposits?
Bank of Africa Kenya caps a single PesaLink transfer at 999,999 shillings, with its tariff bands starting at 10 shillings, and other participating banks publish their own limits. Any limit Binance applies on top is set per account tier and shown inside the platform.
Sources
- Kenya Bankers Association on IPSL, the PesaLink operator
- Bank of Africa Kenya: PesaLink limits and tariff
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