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MoMo-to-bank transfers to attract 0.75% fee from June 1

Abigail ArthurbyAbigail Arthur
May 25, 2026
Reading Time: 1 min read
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MTN Ghana has announced a new charge on transfers from Mobile Money wallets to bank accounts, effective June 1, 2026.

In a message sent to customers on Monday, May 25, the telecom company said MoMo users will now pay a fee of 0.75 percent per transaction for transfers from their wallets to bank accounts.

According to the notice, the charge will be capped at GH¢5 per transaction regardless of the amount transferred.

The company explained that the adjustment is aimed at helping improve its services to customers.

“This will help us continue to serve you better,” the message stated.

The announcement is expected to affect customers who regularly use Mobile Money platforms to transfer funds directly into bank accounts.

Mobile Money remains one of the most widely used digital payment services in Ghana, with millions of users relying on it for daily transactions, savings and business payments.


 

 

 

Tags: bankGhanaGhana NewsheadlineMoMoMTNTransfers
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