MTN MoMo has applied the Financial institution of Ghana (BoG) permitted enhance in each day and month-to-month transaction limits as properly as most pockets balances.
The pockets transaction restrict enhance will facilitate environment friendly funds, encourage higher seamless transition into a Money-lite society and promote extra digital funds.
Clients with Each day Transaction Limits of GHC 1,000, GHC5,000 and GHC10,000 have had their limits elevated to GHC2,000, GHC10,000 and GHC15,000 respectively.
Moreover, Account steadiness limits of GHC2,000, GHC15,000 and GHC 30,000 have been elevated to GHC3,000, GHC30,000 and GHC50,000 respectively.
Additional to those will increase, month-to-month transaction limits for purchasers with Medium and Enhanced KYC are limitless whereas prospects with Minimal KYC have a restrict of GHC 6,000.
The Ag. CEO of MobileMoney Restricted, Shaibu Haruna expressed his delight over the upward opinions permitted by the BoG, following engagements to assess the probabilities of opinions to improve digital funds and finally drive the cash-lite agenda.
He stated, “MML following the approval has gone forward to implement the directives to make sure that our prospects get pleasure from theconvenience of doing varied transactions such because the Cash Switch, Invoice Funds, obtain Remittances, Purchase Insurance coverage, Purchase Shares, Fee of faculty charges as properly as basic items and companies.” “We’re calling on all prospects to take benefit of the enhancement in pockets dimension to develop their transactions and enhance their livelihoods.”
The upward opinions have been activated for all MoMosubscribers. Nonetheless, Clients who require additional enhancements on their pockets are required to present any of the next paperwork:
• Utility Invoice in buyer’s title,
• Financial institution Assertion,
• Registered Tenancy Settlement,
• Letter out of your employer.
• Tax Certificates
The doc ought to be introduced at any MTN Service Centre or have interaction MTN Ghana via its digital channels: Twitter: @MTNGhana or @AskMTNGhana; Fb: MTN Ghana or WhatsApp:0554300000. Clients are suggested to watch out for the actions of fraudsters and report fraud points by textual content to 1515 or 419.