MTN Ghana Introduces New Charges on MoMo-to-Bank Transfers
MTN Ghana has announced new charges on transfers from Mobile Money (MoMo) wallets to bank accounts, effective June 1, 2026.
In a message sent to customers, the telecommunications company stated that MoMo-to-bank account transfers will now attract a fee of 0.75 percent per transaction, capped at GHS 5.
According to the company:
“From June 1, 2026, transfers from your MoMo Wallet to bank accounts will attract a fee of 0.75% per transaction, capped at GHS 5.”
MTN Ghana said the new charges are intended to support improvements in service delivery and maintain efficient operations for customers using the platform.
The announcement is expected to generate reactions among MoMo users, especially traders, business owners, and workers who frequently transfer funds from their wallets into bank accounts for business transactions, salary payments, and savings.
Under the new pricing structure, customers will pay a percentage-based fee on each transfer, although no single transaction charge will exceed GHS 5.
