June 29, 2022

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Sustaining a G-Cash pockets: Fees, limits, and minimal steadiness

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So that you heard concerning the G-Cash pockets — GCB Financial institution’s cellular cash service, and also you need to join. Nevertheless, you’re apprehensive about hidden costs and the price of sustaining a G-Cash pockets.

As it’s with many different such companies, there are upkeep costs hooked up to buyer accounts. Fortunately, that’s not the case with G-Cash.

Are there any costs for sustaining a G-Cash pockets?

No. Account holders pay no upkeep costs on their wallets. Neither are you obligated to keep up a minimal steadiness. Nevertheless, transaction costs or tariffs and limits on transaction quantities are listed under.

Day by day transaction tariffs

  • Any quantity GHS100 and under attracts no costs.
  • Transactions price GHS100.01 to GHS999.99 appeal to GHS0.50 on-network (P2P) and 1% tariff for cellular cash interoperability transactions.
  • For quantities GHS1000 and above, you pay GHS1 on-network and GHS10 for cellular cash interoperability transactions.

To study extra concerning the transaction limits, click on right here.

What’s the G-Cash pockets?

It’s a digital cost (cellular cash) platform for facilitating funds switch from one account (financial institution or cellular pockets) to a different. Your G-Cash account additionally provides you comfort as it may be used to buy and make funds for different companies akin to utility payments, airtime, and even tuition charges.

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