Merchant Onboarding Account Limits
| KYC Account Type
|
MAXIMUM ACCOUNT BALANCE LIMIT | MONTHLY TRANSACTION
LIMIT* |
MINIMUM MERCHANT DUE DILIGENCE REQUIREMENT
|
| Tier 1 | GHC 5,000.00 | GHC 10,000.00 | Ghana Card;
Metropolitan, Municipal or District Assembly license to operate, or a tax receipt; Any other documentation that the Bank of Ghana may require
|
| Tier 2 | GHC 40,000.00 | NO LIMIT | Ghana Card
Metropolitan, Municipal or District Assembly license to operate, or a tax receipt; Tax Identification Number (TIN); Any other documentation that the Bank of Ghana may require |
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