Mobile Money & Banking

• Airtel Money chargesWe're confirming Airtel's official fee tables. Until then, dial *185#, start your transaction and read the fee on your screen before you enter your PIN. Withdrawals also pay 0.5% tax; sending is not taxed.
• Bank interest ratesLoans average about 18.3% a year. Deposits average about 10.8%. Fixed deposit rates are negotiable.
• Central Bank Rate12% since 14 October 2026 (up from 9.75%).
• Dollar rateOver UGX 4,000 per US dollar since 5 Oct 2026 (touched 4,500 on 23 Oct). Check today's rate at bou.or.ug or your bank.
• Buy Treasury billsOpen a bank account and a CSD account at the bank, then bid from UGX 100,000. 2-year bond paid 16% (28 Oct 2026).
• Check NSSF balanceDial *254# or use the NSSF Go app. Toll-free: 0800 286 773.
• Mobile loansMoKash: *165# → Financial Services → MoKash (about 6% for 7 days). Airtel Wewole: *185#.
• MTN MoMo chargesSending to anyone registered (MTN, other networks or abroad): UGX 100 up to 5,000 · UGX 500 for 5,001–60,000 · UGX 1,000 for 60,001–5,000,000. Sending to an unregistered number costs more. Withdrawals also pay 0.5% tax.
• PAYE tax ratesFrom 1 July 2026, salaries up to UGX 335,000 a month pay no PAYE (up from 235,000). Then 20%, 25% and 30% bands apply. Example: UGX 1,000,000 pays UGX 188,250. Try the salary calculator.
• Check CRB statusGet one free report a year from Creditinfo, Metropol or GnuGrid. Request it with your National ID.
• Money from abroadUse WorldRemit, Taptap Send, Remitly or Wise — money arrives on MoMo or Airtel Money. Receiving is free.
• Mobile money tax0.5% of what you withdraw — UGX 500 per UGX 100,000. Sending, receiving and paying bills are not taxed.
• NSSF mid-term access20% of your savings if you are 45+ with 10 years of contributions. Apply on NSSF Go.