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BoG document shows 0.75% MoMo-to-bank transfer fee was approved under Akufo-Addo
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BoG document shows 0.75% MoMo-to-bank transfer fee was approved under Akufo-Addo
Fresh details have emerged regarding the controversial 0.75 per cent fee proposed on transfers from MTN Mobile Money (MoMo) wallets to linked bank accounts, indicating that the charge was approved during the administration of former President Nana Addo Dankwa Akufo-Addo. The proposed fee sparked widespread public criticism after MTN Ghana announced plans to implement it from Monday, June 1, 2026. Following the backlash, the Bank of Ghana directe…
·Accra, Ghana
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