How to Transfer Money From Bank Account To Mobile Money Account

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The banking sector of Ghana has experienced a lot of improvement in the past year thanks to fintech. Today, with the coming exitance of interoperability, one can easily transfer funds from his or her mobile money wallet to the bank account without facing any problem.

The service has been made easier between the two institutions. With a few clicks, you can transfer money from your mobile money account to your bank account and vice versa.

Before you can transfer money from your mobile money account to the Bank account, you’ll first have been on a mobile banking service. You can register mobile banking with your Banking institution before you proceed if you are not yet on the service.

How to Transfer Money From Mobile Money To Bank Account

  1. Like any other MTN MOMO service, to have access to the menu, you first dial *170#
  2. Now you will see the menus select option 5 ( Financial Services)
  3. Now choose option 1 (Bank Service)

Banking services

Here you select the first option (Transfer to Bank), Select your Banking Institution from the list of available bank service

Once you select the Bank Account, your Bank Account Number will auto be displayed for you. reply “1” to continue.

Select Banking institution

Now enter the amount you want to transfer and then confirm with your MoMo PIN

After a successful transaction, you will receive a message and that’s all.

How to Transfer Money From Bank Account To Mobile Money Account

Transferring money from a bank to a mobile money account follows the same procedure. You on change the steps 4. Here, You take the second option(Transfer from Bank) and then continue with the rest of the above steps to finish up the process.

Alright friends, this is a simple step on how to transfer money from MTN mobile money to bank account and bank account to MTN mobile money. Hope you find this useful. If you do, please share this post to reach out more.

 


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