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MTN Mobile Money Charges (2023 Updated)

Stuff Editor by Stuff Editor
2 years ago
in Featured
2
Mobile Money Charges
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MTN reduced their mobile money withdrawal rates with effect from May last year — as a strategy to increase their mobile money customers in the country. With the new MTN mobile money charges, the company says that paying for goods & services with MoMoPay is FREE.

With all the different tariffs shown in the tables as we’re going to see, you should note that the maximum amount you can transact with mobile money in a day is UGX 7,000,000 only and also the maximum amount you can keep on your Mobile Money Account is UGX 15,000,000 only.

We’ve compiled a table of all the new Mobile money charges for the year 2023

How much does it cost to send money to MTN, Other networks, Bank and Eas Africa?

Amount (UGX)Sending Money (UGX)
Min–MaxTo MTNTo Other NetworksTo the BankTo East Africa
500 – 2,50030830N/A1,000
2,501 – 5,0001009401,5001,150
5,001 – 15,0003501,8801,5001,400
15,001 – 30,0005002,3101,5001,650
30,001 – 45,0006002,3101,5001,950
45,001 – 60,0007502,5001,5002,250
60,001 – 125,0001,0003,3251,5003,200
125,001 – 250,0001,1004,9752,2505,000
250,001 – 500,0001,2507,1754,1009,050
500,001 – 1,000,0001,25012,6506,15017,200
1,000,001 – 2,000,0001,25022,0009,25033,450
2,000,001 – 4,000,0001,25037,40011,30055,900
4,000,001 – 7,000,0001,250​55,00011,30061,100

MTN Mobile Money payment charges

Amount (UGX)Making Payments (UGX)
Min – MaxTo Azam TV, Ready Pay, School Fees, Solar NowTo UMEME, NWSC, DStv, StarTimes, NSSF, Multiplex
500 – 2,500110190
2,501 – 5,000150600
5,001 – 15,0005​501,000
15,001 – 30,0006501,600
30,001 – 45,0007502,100
45,001 – 60,0008502,800
60,001 – 125,0009503,700
125,001 – 250,0001,0504,150
250,001 – 500,0001,3005,300
500,001 – 1,000,0003,3506,300
1,000,001 – 2,000,0005,7506,300
2,000,001 – 4,000,0005,7506,300
4,000,001 – 7,000,0005,7506,300

MTN Mobile Money Withdrawing charges

Amount (UGX)Withdrawing Fees (UGX)Senkyu PointsTax (UGX)
Min – MaxFrom AgentFrom ATMMinMax
500 – 2,5003306313
2,501 – 5,0004401,15081325
5,001 – 15,0007001,150142575
15,001 – 30,0008801,1501675150
30,001 – 45,0001,2101,40024150225
45,001 – 60,0001,5001,40030225300
60,001 – 125,0001,9252,15038300625
125,001 – 250,0003,5754,000706251,250
 250,001 500,0007,0006,6501401,2502,500
500,001 1,000,00012,50011,9501502,5005,000
1,000,001 – 2,000,000
15,0003005,00010,000
2,000,001 – 4,000,00018,00036010,00020,000
4,000,001 – 7,000,00020,00040020,00035,000

And lastly, another key point to note is; the minimum amount the account can hold is UGX 0 and also the minimum transaction amount is UGX 50.

Tags: MTN
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Comments 2

  1. Enos says:
    5 months ago

    Mtn

    Reply
  2. Osman ABDi osman says:
    1 month ago

    Help Leon’s

    Reply

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