meta_id 3187326

On May 26, 2026, the Bank of Ghana announced the suspension of a proposed 0.75 percent fee on wallet-to-bank transfers pending further consultation with stakeholders. The central bank had previously proposed implementing this fee as part of its regulatory framework governing digital financial services and mobile money transactions. The suspension reflects the Bank of Ghana's commitment to engaging with industry participants and consumers before implementing significant changes to the payments ecosystem. The proposed fee would have applied to transfers between mobile money wallets and bank accounts, affecting financial service providers, banks, and end-users reliant on digital payment channels. The central bank indicated it would conduct additional consultation to assess the impact of the fee on financial inclusion, payment system efficiency, and consumer behaviour. This engagement is intended to gather feedback from commercial banks, mobile money operators, fintech companies, and consumer representatives to inform the final policy decision. The Bank of Ghana will resume consideration of the wallet-to-bank transfer fee following the consultation period. Stakeholders requiring further information on the proposed fee or wishing to submit comments should monitor the Bank of Ghana's official communications for details on the consultation process timeline and submission procedures. The central bank is expected to publish its findings and final policy determination following the completion of stakeholder engagement.