The MTN mobile money charges in Uganda have been deliberately decreased in 2023, making it easier for users to send money as they can enjoy the same rates.
Briefly put, if you are an MTN mobile money user, you send money to MTN or any other Ugandan network for the same rates and earn MTN Sekyu points while doing every transaction.
Although the MTN MoMo charges have decreased in 2023, there are certain other conditions to keep in mind, including the maximum transaction limit of UGX 5,000,000 and the minimum acceptable balance, which is 0.
Similarly, the maximum balance allowed on your MTN MoMo account is UGX 2,000,000, and the minimum amount permissible is 500 shillings.
When you are an MTN MoMo user, you get a number of features for free; for instance, you can get a mini-statement for free as well as change your PIN whenever you want for free.
Additionally, purchasing bundles and airtime will also become exclusive charges for you. These are a few benefits that you can enjoy while using MTN MoMo.
Consider having a look at the below table to learn about the MTN Mobile Money free services;
Service | Charge |
Buy airtime and bundles for yourself or others | FREE |
Register for MTN mobile money | FREE |
Change PIN | FREE |
Deposit money to your MoMo account | FREE |
Mini-statement | FREE |
Check MoMo balance | FREE |
MTN Mobile Money Tariffs in Uganda
You must already be a user of the MTN MoMo app, then you would know what exactly are the uses of this mobile app. Besides the uses, there are tariffs that are charged based on the nature of the transaction.
MTN Mobile Money Charges Uganda 2023
Transactions (Ush) | To MTN | Send To Other Networks | To the Bank | Send To East Africa |
500-2,500 | 30 | 830 | N/A | 1,000 |
2,501-5,000 | 100 | 940 | 1,500 | 1,150 |
5,001-15,000 | 350 | 1,880 | 1,500 | 1,400 |
15,001-30,000 | 500 | 2,310 | 1,500 | 1,650 |
30,001-45,000 | 600 | 2,310 | 1,500 | 1,950 |
45,001-60,000 | 750 | 2,500 | 1,500 | 2,250 |
60,001-125,000 | 1,000 | 3,325 | 1,500 | 3,200 |
125,001-250,000 | 1,100 | 4,975 | 2,250 | 5,000 |
250,001-500,000 | 1,250 | 7,175 | 4,100 | 9,050 |
500,001-1,000,000 | 1,250 | 12,650 | 6,150 | 17,200 |
1,000,001-2,000,000 | 1,250 | 22,000 | 9,250 | 33,450 |
2,000,001-4,000,000 | 1,250 | 37,400 | 11,300 | 55,900 |
4,000,001-7,000,000 | 1,250 | 55,000 | 11,300 | 61,100 |
MTN Mobile Money Rates for Sending Money
Amount (UGX) | Sending Rates (UGX) | |||
Min – Max | To MTN | To Other Networks | To the Bank | To Other Countries |
500 – 2,500 | 100 | 100 | N/A | 100 |
2,501 – 5,000 | 100 | 100 | 1,500 | 100 |
5,001 – 15,000 | 500 | 500 | 1,500 | 500 |
15,001 – 30,000 | 500 | 500 | 1,500 | 500 |
30,001 – 45,000 | 500 | 500 | 1,500 | 500 |
45,001 – 60,000 | 500 | 500 | 1,500 | 500 |
60,001 – 125,000 | 1,000 | 1,000 | 1,500 | 1,000 |
125,001 – 250,000 | 1,000 | 1,000 | 2,250 | 1,000 |
250,001 – 500,000 | 1,000 | 1,000 | 4,100 | 1,000 |
500,001 – 1,000,000 | 1,000 | 1,000 | 6,150 | 1,000 |
1,000,001 – 2,000,000 | 1,000 | 1,000 | 9,250 | 1,000 |
2,000,001 – 4,000,000 | 1,000 | 1,000 | 11,300 | 1,000 |
4,000,001 – 5,000,000 | 1,000 | 1,000 | 11,300 | 1,000 |
MTN Mobile Money Rates for Withdrawing Money In 2023
Amount (UGX) | Withdrawing Rates (UGX) | Senkyu Points | Tax (UGX) | ||
Min – Max | From Agent | From ATM | Min | Max | |
500 – 2,500 | 330 | 6 | 3 | 13 | |
2,501 – 5,000 | 440 | 1,150 | 8 | 13 | 25 |
5,001 – 15,000 | 700 | 1,150 | 14 | 25 | 75 |
15,001 – 30,000 | 880 | 1,150 | 16 | 75 | 150 |
30,001 – 45,000 | 1,210 | 1,400 | 24 | 150 | 225 |
45,001 – 60,000 | 1,500 | 1,400 | 30 | 225 | 300 |
60,001 – 125,000 | 1,925 | 2,150 | 38 | 300 | 625 |
125,001 – 250,000 | 3,575 | 4,000 | 70 | 625 | 1,250 |
250,001 – 500,000 | 7,000 | 6,650 | 140 | 1,250 | 2,500 |
500,001 – 1,000,000 | 12,500 | 11,950 | 150 | 2,500 | 5,000 |
1,000,001 – 2,000,000 | 15,000 | 300 | 5,000 | 10,000 | |
2,000,001 – 4,000,000 | 18,000 | 360 | 10,000 | 20,000 | |
4,000,001 – 5,000,000 | 20,000 | 400 | 20,000 | 35,000 |
MTN Mobile Money Charges Uganda for Paying Bills
While an MTN MoMo transaction is processed, the tax elements in the Ugandan shillings are immediately removed. That is how fast and accurate the payment procedures are.
Also Read: Mpesa Charges 2023 – Complete M-Pesa Transaction Charges
Also, there would be additional charges incurred for the roaming transactions. Well, that is not a new phenomenon, as roaming charges are always expected to be paid in any medium. It is a downside that you will have to face while boasting about the fintech platform.
Amount (UGX) | Making Payments (UGX) | |
Min – Max | To Solar Now, Ready Pay, Azam TV, School Fees | To UMEME, NWSC, DStv, StarTimes, NSSF, Multiplex |
500 – 2,500 | 110 | 190 |
2,501 – 5,000 | 150 | 600 |
5,001 – 15,000 | 550 | 1,000 |
15,001 – 30,000 | 650 | 1,600 |
30,001 – 45,000 | 750 | 2,100 |
45,001 – 60,000 | 850 | 2,800 |
60,001 – 125,000 | 950 | 3,700 |
125,001 – 250,000 | 1,050 | 4,150 |
250,001 – 500,000 | 1,300 | 5,300 |
500,001 – 1,000,000 | 3,350 | 6,300 |
1,000,001 – 2,000,000 | 5,750 | 6,300 |
2,000,001 – 4,000,000 | 5,750 | 6,300 |
4,000,001 – 5,000,000 | 5,750 | 6,300 |
If you have thought only transactions have additional charges, then let us correct you as soon as possible for the charges would be incurred also for each SMS that you send while traveling.
Therefore, the SMS fees are generally supplementary to the transaction charges and are usually deducted from your airtime balance.
MTN MoMo SMS Charges While Traveling In 2023
Transaction type | Number of SMSs | Charge Inclusive TAX (in UShs) |
Buying airtime | 2 | 111 |
Send MTN Mobile Money to a registered number | 2 | 111 |
Send MTN Mobile Money to the unregistered mobile user | 4 | 222 |
Send MTN Mobile Money to unregistered non-mobile user | 2 | 111 |
Bill payments | 4 | 222 |
MTN mobile money charges Uganda 2023, on the other hand, have made minor changes in which they have introduced updated sending rates that are comparatively lower than what they were previously.
So, currently, each and every transaction is much cheaper and more affordable to make. Charges would still be incurred for transactions ranging from UGX 1 to UGX 5,000,000, but the additional charges would be limited to UGX 1000, even if it is an international transaction.
What is MTN Senkyu?
MTN Senkyu is a rewards program introduced by MTN MoMo for its customers using the app. It is a free MTN loyalty program, and any user, including prepaid, hybrid, and postpaid is eligible to accept the MTN Senkyu.
But why is MTN MoMo rewarding its users?
Basically, MTN intends to encourage and show its gratitude to its subscribers for making calls, purchasing airtime and data packages, and other MTN MoMo services. They also try to get people to sign up for Rich Media Services by giving them reward points.
When do you get paid with MTN Senkyu Points?
The MTN MoMo welcomes its clients with their first Senkyu rewards, as the users are open to their first extra points while they sign up. Aside from that, extra points are added on every birthday and MTN anniversary.
These points can be used to pay with MTN MoMo Pay as well as to make the most of the GSM and non-GSM perks. They can simply add more airtime and bundles to your account.
You can earn more Senkyu points when you use more MTN MoMo services, but the points will be forfeited if you do not use them in the next 90 days. But redeemed MBs and SMS will expire in the next 30 days if they are unused.
If you are sure that the points earned will be used to the fullest, then you can do so, but if not, then you can also share them with your friends or family who are also using MTN MoMo. That way, no reward point would remain.