BCEAO doubles mobile money holding limits across UEMOA

The Central Bank of West African States (BCEAO) signed Instruction No. 020 on October 8, 2026, raising the mobile money holding limit from 2 million to 4 million FCFA and the monthly top-up cap from 10 million to 15 million FCFA. The rules take effect on November 2, 2026, alongside new PI-SPI instant payment pricing. The minimum share of demand deposits backing e-money was cut from 75% to 65%.

• Holding limit per issuer rises from 2 million to 4 million FCFA ($6,850)
• Monthly top-up cap increases from 10 million to 15 million FCFA ($25,700)
• Demand deposit requirement lowered from 75% to 65% of e-money float
• Instruction takes effect November 2, 2026 across eight UEMOA countries