If you’re looking for a safe, affordable escrow service in Kenya, one question comes up first: what does it cost? With Lockpesa, withdrawing your money is completely free.

What Is Lockpesa?

Lockpesa is a secure escrow service that protects both buyers and sellers. Instead of sending money and hoping the other side delivers, you lock the funds in a Lockpesa lock account. The money is released only when the agreed terms are met.

How Much Does Lockpesa Charge for Withdrawals?

Nothing. Withdrawals are free.

• M-Pesa withdrawals: zero charge
• Bank transfer withdrawals: zero charge

Once your escrow deal is complete, you receive your full money straight to your M-Pesa or bank account, with no withdrawal fees taken out.

Why Use a Lock Account?

A lock account holds funds safely until both parties are satisfied. It works well for:

• Online purchases and marketplace deals
• Freelance and service payments
• Vehicle, land and property deposits
• Business transactions between people who’ve never met

How Lockpesa Escrow Works

1. Agree on the deal and terms with the other party
2. Lock the money in a Lockpesa lock account
3. The seller delivers the goods or service
4. Funds are released and withdrawn to M-Pesa or your bank, free of charge

Start Locking Money Safely

Whether you’re buying, selling, or hiring, Lockpesa gives you a trusted escrow service built for how Kenyans pay, with M-Pesa at the centre and no withdrawal fees.