Monrovia, Aug. 5 -- The Central Bank of Liberia (CBL) has announced a standardized 2% cash-out fee for all mobile money withdrawals, effective August 1, 2025. The policy applies to all licensed Mobile Money Operators (MMOs) and is aimed at fostering a more inclusive, secure, and efficient digital financial system.

According to the CBL, the move is part of broader efforts to modernize Liberia's payment ecosystem and reduce overreliance on physical cash.

"The transition to a digital-first financial system is central to fostering innovation, resilience, and inclusiveness in Liberia's payment landscape," said CBL Executive Governor Henry F. Saamoi. "This directive reflects our commitment to modernizing financial services and unlocking the f...