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*Some ECOCASH Agents Now Charging About 60% For Cash*

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Some Ecocash Agents are reportedly charging about 60% for every transaction conducted by their customers. These charges are outside the system hence unofficial.

The new charges mean that if one had $100 in his or her Ecocash wallet, they would get less than $50 in cash.

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itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
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It is also worth noting that the charges vary for coins and notes. The coins which are now being rejected in some shops are cheaper than notes.

ZimPrice Check recently conducted a survey and noted that the black market cashout premium continues to go up due to cash shortages.

*The cashout premium rates*

Currency Type
Cashout Premium

Bond Coins
40% minimum

Bond Notes
55% minimum

Here are some things to note:

These are just the unofficial premiums you have to pay to get cash, you will still have to pay the actual official cashout rates found here
This means the percentage worth of your money is actually worth even less when these charges are factored in
Higher amounts attract higher fees

Meanwhile, the National Business Council of Zimbabwe has given Ecocash a 48-hour ultimatum to “reign in their Agents”.

More: Zim Price Check

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