How will the E-Levy be applied?

The levy will be applied on the value (amount) of transfer above the daily threshold of GHS 100. This means, after a person makes transfers cumulatively up to GHS 100 for the day of the transaction, the e-levy will be applied on any additional transfers done on that day.

 In other words, if the total amount sent in a day is not more than GHS 100, you will not pay E-levy.

For example, if Kofi transfers GHS 50 to his sister in the morning and transfers another GHS 50 (GHS 100 in total) to his brother in the afternoon, he will not pay the E-levy.

However, if Kofi makes any other transfer in the day after the money sent to his brother, the transfer amount will attract the E-levy (i.e. 1% of any amount above the first GHS 100).