Ghana: Bank of Ghana suspends proposed 0.75% wallet-to-bank transfer fee

The Bank of Ghana has directed Mobile Money Fintech Limited (MMFL) to suspend the implementation of its proposed 0.75 percent fee on direct wallet-to-bank transfers pending further consultations.

The proposed charge was scheduled to take effect on June 1, 2026.

In a press release issued by its Communications Department, the central bank said the decision to halt the implementation was to allow for further engagement on the matter.

According to the Bank of Ghana, the move forms part of efforts…