MTN Money Withdraw Charges Zambia

MTN Money is a mobile money service provided by MTN Zambia, a telecommunications company operating in the country. This service allows customers to transfer money, pay bills, and make other financial transactions using their mobile phones.

One aspect of the MTN Money service is the ability to withdraw cash from one’s account at certain authorized agents. However, customers should be aware that there are charges associated with these withdrawals.

According to MTN Zambia’s website, the MTN money withdraw charges for withdrawing cash from an MTN Money account are as follows:

  • For withdrawals of up to K5,000, the charge is K2.50.
  • For withdrawals between K5,001 and K10,000, the charge is K5.00.
  • For withdrawals above K10,000, the charge is 1% of the withdrawal amount.

It is worth noting that these charges are subject to change and customers should check the MTN Zambia website for the most up-to-date information.

In addition to these withdrawal charges, customers should also be aware of any additional fees that may be charged by the authorized agent from whom they are withdrawing cash. These fees may vary depending on the agent and the location.

Overall, the MTN Money service provides customers in Zambia with a convenient and efficient way to manage their finances using their mobile phones. However, customers should be aware of the charges associated with withdrawing cash from their accounts in order to fully understand the costs of using the service.

In conclusion, the MTN Money service provided by MTN Zambia is a convenient and efficient way for customers to manage their finances using their mobile phones. However, it is important for customers to be aware of the withdrawal charges associated with the service. MTN Zambia charges a flat fee of K2.50 for withdrawals of up to K5,000, K5.00 for withdrawals between K5,001 and K10,000, and 1% of the withdrawal amount for withdrawals above K10,000. Additionally, customers should also be aware that additional fees may be charged by the authorized agent from whom they are withdrawing cash. By understanding these charges, customers can make informed decisions about using the MTN Money service.

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