How to Transfer Money from Mobile Money to NCBA Bank Account

How to Transfer Money from Mobile Money to NCBA Bank Account-ugtechmag.com
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NCBA mobile banking gives customers the convenience of depositing money from their mobile wallet to NCBA bank account using their mobile phone. To get started ensure that the bank is registered with the telecommunication company you want to use, and you are also registered for NCBA mobile banking services. Here is how you can transfer money from a mobile money account to an NCBA bank account.

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Contents

How to Deposit Money from MTN Mobile Money to NCBA Bank Account

Follow the step by step guide to successfully transfer money from your MTN MoMo account to your bank account;

1. Launch the dialer app then dial *165# and press the dial button. (The NCBA account holder should strictly use a number used during mobile banking registration).

2. Choose option 6 which is Financial Services.

3. Select option 1, Bank deposit.

4. Choose the option that corresponds to NCBA bank. If it is not on the first-page click next.

5. Enter the account number you are sending the money to.

6. You will be prompted to enter the amount that you are willing to transfer.

7. Confirm with MTN mobile money pin.

NOTE: Transfer charges are determined by MTN Uganda. 

Read Also: How to Check your NCBA bank account balance online in Uganda

MTN Money to Bank Charges

TIERSCHARGES
500 – 2500N/A
2,501-5,0001,500
5,001 – 15,0001,500
15,001 – 30,0001,500
30,001 – 45,0001,500
45,001 – 60,0001,500
60,001 – 125,0001,500
125,001 – 250,0002,250
250,001 – 500,0004,100
500,001 – 1,000,0006,150
1,000,001 – 2,000,0009,250
2,000,001 – 3,000,00011,300
3,000,001 – 4,000,00011,300

Read Also: How to Get NCBA Bank Account Statement Online in Uganda

How to Deposit Money from Airtel Money to NCBA Bank Account

Follow the procedure below to send money from Airtel Money to the NCBA bank account.

1. Open the phone app then dial *185# and press the OK button. (You should strictly use a number you used for mobile banking registration).

2. From the list of the displayed mobile money menu opt for option 7, Financial Services.

3. Next choose option 1, Banks.

4. Go to the next page by entering 10.

5. Choose a number that corresponds to NCBA Bank.

6. Enter the Account number.

7. Input the amount that you want to transfer from your wallet to your bank account.

8. Confirm with Airtel Money pin.

NOTE: The sender will be charged for the transfer transaction and the charges are determined by Airtel Uganda. 

Read Also: How to Transfer Money from an NCBA  Bank Account to your Mobile Money

Airtel Money to Bank Charges

TIERSCHARGES
5,001 – 15,000700
15,001 – 30,000900
30,001 – 45,0001,350
45,001 – 60,0001,500
60,001 – 125,0002,000
125,001 – 250,0002,250
250,001 – 500,0006,000
500,001 – 1,000,0009,000
1,000,001 – 2,000,00013,500
2,000,001 – 3,000,00016,500
3,000,001 – 4,000,00016,500
4,000,001 – 5,000,00016,500