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Is there any fee on Naira Deposit?

Updated over a week ago

Yes, here's an update on our Naira deposit fees:

For Individuals:

  • Fee: 0.5% of the deposit amount, capped at N200.
  • Minimum Fee: N50 for deposits less than N10,000.
  • Example: A N20,000 deposit will incur a N100 fee.

For Businesses:

  • Fee: 0.5% of the deposit amount, capped at N500.
  • Minimum Fee: N50 for deposits less than N10,000.
  • Example: A N200,000 deposit will incur a N500 fee.

Please don't hesitate to contact our customer support team for any more questions. We are here to help you make the most of your currency transactions and ensure your satisfaction with our services.