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BOG MAKES U-TURN & ANNOUNCES SUSPENSION OF PROPOSED 0.75 PERCENT WALLET-TO-BANK TRANSFER FEE PENDING FURTHER CONSULTATION

FOR IMMEDIATE RELEASE

The Bank of Ghana informs the public that Mobile Money Fintech Limited (MMFL) has been directed to pause the implementation of its proposed 0.75 percent fee on direct wallet-to-bank transfers. The fee was scheduled to take effect on 1 June 2026 but is now on hold to allow for further consultation.
This decision reflects our commitment to ensuring that any changes to charges in the mobile financial services ecosystem are introduced fairly, protect consumers, and support their financial wellbeing. ENDS
Issued by: Communications Department

 

 

 

 

tntnewspapergh.com

 

 

 

 

 

 

 

 

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BOG MAKES U-TURN & ANNOUNCES SUSPENSION OF PROPOSED 0.75 PERCENT WALLET-TO-BANK TRANSFER FEE PENDING FURTHER CONSULTATION

FOR IMMEDIATE RELEASE

The Bank of Ghana informs the public that Mobile Money Fintech Limited (MMFL) has been directed to pause the implementation of its proposed 0.75 percent fee on direct wallet-to-bank transfers. The fee was scheduled to take effect on 1 June 2026 but is now on hold to allow for further consultation.
This decision reflects our commitment to ensuring that any changes to charges in the mobile financial services ecosystem are introduced fairly, protect consumers, and support their financial wellbeing. ENDS
Issued by: Communications Department

 

 

 

 

tntnewspapergh.com

 

 

 

 

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