How Much Does MTN MOMO Transfer Cost In Ghana

How Much Does MTN MOMO Transfer Cost In Ghana

If you wonder how much MTN MOMO transfer costs in Ghana, you are at the right place.

In this guide, we will show you all transfer costs in Ghana.

With MTN, you can recharge your phone, buy insurance, and pay for bills such as DStv, GOtv and school fees.

You can also send and receive money efficiently with MTN MOMO.

What Are The New Money Transfer Rates 

Due to the pandemic that affected the general economy of Ghana, the president issued changes regarding money transfer charges in the country.

In Ghana, mobile money users can send up to GHC 100 free of charge.

There is a 100% up to 300% increase in the daily limits for cash transactions.

If you exceed the set limit, you will be charged GHC 1 for transacting GHC 100.

From the newly revised transaction costs, both the company and agents make cash from the business.

These are the revised standard transaction charges in Ghana.

What Is The Service Fee

You are charged a service fee of 2.50% when you transfer between GHC 1 and GHC 50.

For any amount exceeding GHC 50, you are charged a service fee of 5%.

When sending through your mobile phone, you are charged a service fee of 0.5% for a cash transfer of GHC 1 to GHC 50.

For any amount above GHC 50, you are charged a 1% commission fee.

This is the service fee for MTN MOMOM transfer in Ghana.

How Much Does MTN MOMO Transfer Cost In Ghana

Below is a table representing the new costs of MTN MOMO transfers in Ghana. 

TRANSFER AMOUNT (GHC) TRANSFER COST (GHC)
100 0.75
150 3.38
200 4.50
300 6.75
400 9.00
500 11.25
600 13.50
700 15.75
800 18.00
900 20.25
1000 22.75
2000 37.50
5000 82.50

 

This is the answer to the question,’ how much does MTN MOMO transfer cost in Ghana.

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