Home Articles New MTN MoMo Withdrawal and Transfer Fees Cameroon 2023

New MTN MoMo Withdrawal and Transfer Fees Cameroon 2023

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MTN MoMo Withdrawal and Transfer Fees
MTN MoMo Withdrawal and Transfer Fees

New MTN MoMo Withdrawal and Transfer Fees Cameroon 2023

MTN MoMo Cameroon Mobile Money transfer charges (rates) have been revised, along with instructions or a guide on how to send/receive money.

Tariffs/Fees for MTN Cameroon Mobile Money Withdrawal and Transfer (MoMo Charges 2023)

Money transfer fees and rates have since been revised. Unfortunately, some withdrawal and sending fees have risen. All transfer and withdrawal transactions involving MTN mobile money are subject to a 0.2% tax.

The new mobile money tax, like the Cameroon phone tax, has sparked public outrage. Customers using Mobile Money are currently complaining about the rising costs of cash withdrawals and transfers. It is unclear whether the mobile money tax will be retained or reduced. It is unclear whether the mobile money tax will be retained or reduced.

Check New MTN Mobile Money Withdrawal Charges in Cameroon 2023 (Cash-Out Fees)

The chart or table below shows the new MTN Mobile Money (MoMo) withdrawal charges in Cameroon:

Amount of Funds to Transfer (XAF)New MTN Mobile Money Withdrawal Charges in Cameroon0.2% Tax levied (Paid to the Cameroon Tax Authority)New MTN Mobile Money Charges + Tax (0,2%)
100 – 59992.38%0.2 – 123 – 155
6000 – 10,05017512 – 20187 – 195
10,051 – 13,55030020 – 27320 – 327
13,551 – 25,05035027 – 50377 – 400
25,051 – 50,05070050 – 100750 – 800
50,051 – 75,1001350100 – 1501450 – 1500
75,101 – 100,1011800150 – 2001950 – 2000
100,101 – 200,5002150200 – 4012350 – 2551
200,501 – 300,5002600401 – 6013001 – 3201
300,501 – 400,5003100601 – 8013701 – 3901
400,501 – 500,0003500801 – 10004301 – 4500

Check New MTN Mobile Money Transfer Charges in Cameroon 2023 (Cash-In Fees)

Check the Mtn Cameroun MoMo Transfer Charges in the tables below:

1. MTN Mobile Money transfer to an MTN MoMo Customer

Amount To Be Transferred (XAF)New MTN Mobile Money Transfer Charges in Cameroon0.2% Tax levied (Paid to the Tax Authority)New MTN Mobile Money Charges + Tax (0,2%)
100 – 59991%0 – 121 – 72
6000 – 13,55010012 – 27112 – 127
13,551 – 50,05015027 – 100177 – 250
50,051 – 75,100200100 – 150300 – 350
75,101 – 400,500300150 – 801450 – 1101
400,501 – 500,000400801 – 10001201 – 1400
500,000 – 1,000,0005001000 – 20001500 – 2500

 

2. MTN Mobile Money transfer to a non-MTN MoMo Customer (Orange, Nexttel, and Camtel)

Amount (XAF)MTN Mobile Money Charges0.2% Tax levied (Paid to the Tax Authority)New MTN Mobile Money Charges + Tax (0,2%)
100 – 100,1003%0 – 2003 – 2783
100,001 – 200,5003100200 – 4013300 – 3501
200,501 – 400,5003500401 – 8013901 – 4301
400,501 – 500,0004000801 – 10004801 – 5000

Note: Join Mtn Yamo to send money to all Mtn MoMo subscribers for 50F. It is completely free.

About the MTN Cameroon Mobile Money Service

Mtn Cameroon Mobile Money transactions began in 2010 and have seen more than 3,500 Billion FCFA transferred as of 2018 estimates.

Transfer and Withdraw Mobile Money using Mtn Cameroon

Mtn Mobile Money transactions are either in the form of cash transfers or withdrawals as follows:

How to Transfer Money Using MTN Cameroon Mobile Money?

  1. For Transfer, dial the USSD code *126#
  2. Select option one (1).
  3. Choose the appropriate option to send money to a subscriber.

How to Withdraw Money Using MTN Cameroon Mobile Money?

  • For Withdrawals, simply wait for the SMS prompt to Withdraw Money
  • Then Dial *126#
  • Input your 5-digit PIN and confirm completing the transaction and withdrawing the funds.

 

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