Africa-Press – Ghana. The Ghana Chamber of Telecommunications has communicated the upward revision of the balance and transaction limits of customer wallets as approved by the Bank of Ghana.
This would take effect from March 1, 2024, the chamber said.
This development is in line with increasing trends of transactional activities and evolving customer needs.
Below is a breakdown of the review of daily transactions limits;
1. A minimum KYC Account which initially had a limit of ¢2,000 has been upgraded to ¢3,000.
2. A medium KYC Account with a current limit of ¢10,000 has been increased to ¢15,000.
3. An enhanced KYC Account with a ¢15,000 threshold has been reviewed to ¢25,000.
Below is a breakdown of the review of Maximum Account Balance limits;
1. A minimum KYC Account which initially had a limit of ¢3,000 has been reviewed to ¢5,000.
2. A medium KYC Accounts with a current limit of ¢25,000 has been increased to ¢40,000.
3. An enhanced KYC Accounts with a ¢50,000 threshold has been reviewed upwards to ¢75,000.
Below is a breakdown of the review of monthly transactions limits;
1. A minimum KYC Account which initially had a limit of ¢6,000 has been reviewed to ¢10,000.
2. A medium KYC Account which had no limits on the value of monthly transactions, remains unchanged.
3. An enhanced KYC Account which had no limits on the value of monthly transactions, remains unchanged.
Kindly reach out to the personnel of our members at any of their customer service centers across the country, for any clarification you may need.
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