The Bank of Ghana has raised balance and transaction limits for mobile money wallets starting March 1, 2024, in line with increasing transactional activities and changing customer needs.
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The new daily transaction limits are as follows: minimum accounts, which were previously limited to GH¢2,000, are now GH¢3,000; medium accounts, previously capped at GH¢10,000, have been raised to GH¢15,000; and enhanced accounts, previously set at GH¢15,000, are now GH¢25,000.
The daily transaction limits for mobile money accounts have been adjusted: minimum account limits increased from GH¢3,000 to GH¢5,000, medium accounts raised from GH¢25,000 to GH¢40,000, and enhanced accounts revised from GH¢50,000 to GH¢75,000.
Monthly transaction limits for minimum accounts also increased from GH¢6,000 to GH¢10,000.
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