These are the current MTN Uganda Mobile Money charges (October 2020)

MTN is a leading mobile telecommunications operator in Uganda that has cemented a top podium position on almost all data + voice, and now, mobile money transfer services it offers.

MTN Mobile Money commonly denoted as MTN Momo allows you to transfer money from one MTN number to another, as well as from MTN to other networks like Airtel, and Africell.

Likely, you can make swift payments headlined by utility (UMEME, NWSC) payments, then PAYTV ( DSTV, Startimes, GOTV, Zuku), URA, KCCA, and other business payments.

Additionally, you can use the service to make point of sale payments with MOMO Pay, on top of being able to save and get instant loans with MTN MoKash.

Well, with 2020 in high gear, the telco has often changed its Mobile money transaction rates, and below are the latest charges for making payments, plus Sending, and Withdrawing Money.

MTN Mobile Money Sending rates

Transaction RangeMTN-MTNMTN- Other East AfricaBank
500 – 2,500308301,000N/A
2,501 – 5,0001009401,1501,500
5,001 – 15,0003501,8801,4001,500
15,001 – 30,0005002,3101,6501,500
30,001 – 45,0006002,3101,9501,500
45,001 – 60,0007503,3252,2501,500
60,001 – 125,0001,0002,5003,2001,500
125,001 – 250,0001,1004,9755,0002,250
250,001 – 500,0001,2507,1759,0504,100
500,001 – 1,000,0001,25012,65017,2006,150
1,000,001-2,000,0001,25022,00033,4509,250
2,000,001- 4,000,0001,25037,40055,90011,300
4,000,001- ​7,000,0001,250​55,00061,10011,300
MTN Mobile Money sending to OnNet numbers, MTN-Other Networks, To East African numbers and MTN- Bank rates

MTN Mobile Money Withdrawing rates

Transaction RangeFrom AgentFrom ATM
500 – 2,500350
2,501 – 5,0004801,150
5,001 – 15,0007701,150
15,001 – 30,0009701,150
30,001 – 45,0001,3501,400
45,001 – 60,0001,6501,400
60,001 – 125,0002,1502,150
125,001 – 250,0003,9504,000
250,001 – 500,0007,7006,650
500,001 – 1,000,00013,75011,950
1,000,001-2,000,00018,500
2,000,001- 4,000,00025,000
4,000,001- ​7,000,00025,000
MTN Mobile Money Withdraw Rates/Charges Minus Tax

MTN Mobile Money Payment Charges

Class 1: Azam TV, Ready Pay, School Fees, Solar Now

Class 2: UMEME, NWSC, DSTV, StarTimes, NSSF, Multiplex

Transaction RangeClass 1Class 2
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 Utility and other Payments Rates/Charges

Why MTN Mobile Money Charges Keep Changing

Based on the Business ecosystem, MTN just like Airtel, changes its transaction rates more often. In a like manner, you can stay ahead of these changes by keeping up to date with the latest campaigns and telco commitments.

Commonly, Momo Nyabo – An MTN mobile money promotion, comes with reduced sending fees on top of other enticing offers. But once the campaign lifetime comes to an end, rates shift back to normal.

Hence, based on the telco’s current plans and business atmosphere, expect Mobile Money charges to change. However, mobile money tax of 0.5% on withdraws remains constant as a compulsory norm by the Uganda Revenue Authority (URA).

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