Paul Arithi 
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 new pricing reinforces DTB’s commitment to making everyday banking faster, simpler and more affordable, while supporting the broader industry effort to enhance digital payments in Kenya.
Historically, Pesalink transactions have been priced on a tiered basis across the industry. The introduction of a flat fee simplifies the experience for customers, offering a clear and predictable cost regardless of transaction size.
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
Speaking on the price reduction, Murali Natarajan, CEO and MD of DTB Kenya, said: “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 further acknowledged the role played by industry partners in driving this evolution:“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.”
Murali further acknowledged the role played by industry partners in driving this evolution:“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 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.
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.
