The inception of mobile money into the banking industry has been of tremendous help to almost everyone. In today’s CBG guide, we will discuss how you can transfer money from a CBG bank account to mobile money.
Transferring money from your CBG account to your mobile money wallet means making a withdrawal.
Since the various CBG branches do not operate 24/7, this particular initiative by Consolidated Bank Ghana has given customers a whole new twist to their baking experience, it comes with ease, and it is quick and safe.
This service is available to all CBG account-holders provided he/she has registered for the mobile banking or internet banking platform.
With this service, customers can withdraw money from their CBG account at any time and anywhere.
Table of Contents
Requirements To Send Cash From CBG Account To MoMo
Below are what you need to transfer money from a CBG account to mobile money:
- Mobile phone
- CBG mobile app/mobile banking code
- Registered mobile money SIM card
- CBG mobile banking PIN
How Do I Transfer Money From My CBG Bank Account To My Mobile Money
Follow the steps below to transfer money from your CBG bank account to your mobile money:
1. Dial *924# to access the CBG mobile banking menu
2. Go for option 3 ( mobile banking) and press send.
3. Select option 2 ( mobile money)
4. Choose option 1 (bank to account to a wallet)
5. Select the source account and press send
6. Select option 1 ( MTN mobile money) and press send
7. Confirm wallet details and press send
8. Enter the amount to be transferred
9. Enter your PIN
10. Complete debit notification from MTN mobile money menu.
How Much Does It Cost To Withdraw Money From CBG To MoMo
Sending money from the Consolidated Bank account to your mobile money wallet comes with a charge. CBG charges 1% of the transactional amount. However, the maximum charge does not exceed GHS 10.00
Is There A Limit On CBG Account To Mobile Money Transfers
Yes, CBG has set a limit for money transfers to mobile money wallets. This limit is set based on the transactional limit on your mobile money wallet. This limit is often calculated per day.
Can I Change CBG Transactional Limit On Mobile Money
Yes, CBG’s transactional limit on mobile money can be changed at any of their branches nationwide or contact their customer service center via their helplines.
They will require your mobile money number, CBG account details, and the reason why you want to increase your transactional limit.
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