Introducing SafeBoda Wallet-to-Bank & Mobile Money transfers

SafeBoda
2 min readJul 8, 2022

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The SafeBoda Wallet is one of the most common features of the SafeBoda Super App. Besides enabling you to use the App for more than just rides, the SafeBoda Wallet ensures that your digital payment experience is the very best.

You can easily transfer money from your Wallet to that of other users. You can also transfer money to other bank accounts at a minimal cost, when compared to what the other platforms charge.

You can send money either to your own account from the SafeBoda Wallet or to a recipient’s bank or mobile money account, even if the recipient is not a SafeBoda App user.

How to Transfer Money from SafeBoda Wallet to Mobile Money

At the moment, you can only transfer money from your SafeBoda Wallet to your Airtel Money account. To do this, follow these steps.

  • Open the SafeBoda App on your mobile and click on ‘Withdraw’.
  • Select the Mobile Money option.
  • Enter the mobile number and confirm the recipient’s name
  • Select the amount you wish to send
  • Confirm the transaction details with your Wallet PIN

It costs you only UGX 500 to complete the transaction.

How to Transfer Money from SafeBoda Wallet to a Bank Account

To transfer money from your SafeBoda Wallet to a bank account, follow these steps.

  • Open the SafeBoda App on your mobile and click on ‘Withdraw’.
  • Select the Bank option. A list of available banks will be displayed for you to choose from.
  • Enter the Bank Account details, including the name and account number.
  • Input the amount you wish to send and confirm the transaction with your Wallet PIN.

The available bank options on the SafeBoda App are KCB, Stanbic Bank, Equity Bank, ABSA Bank, DFCU Bank, and Centenary Bank. The transaction charges are only UGX 1,000.

To conclude:

The SafeBoda Wallet is a Bank of Uganda-approved safe and secure wallet that you can use to send and receive money, recharge airtime & data bundles, pay utility bills, shop online, or pay to friends/vendors.

You can transfer money from a SafeBoda Wallet to another Wallet for free as well as from Wallet to bank account at the lowest charge.

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SafeBoda
SafeBoda

Written by SafeBoda

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