Fees and Limits Guide | CadRemit Help Centre

Fees and Limits

What is the transfer limit for CAD transactions?

Transfer Limits for CAD Transactions (Canadian Dollar):

Daily Limit: $10,000 CAD.

Weekly Limit: $25,000 CAD.

Monthly Limit:  $50,000 CAD.

Single Transaction Limit: $10,000 CAD.

School Daily:  $10,000 CAD.


What is the transfer limit for Naira?

Daily Limit: ₦20,000,000.

Weekly Limit: ₦50,000,000.

Monthly Limit: ₦100,000,000.

Single Transaction Limit: ₦20,000,000.

School Daily: ₦20,000,00.


What is the transfer limit for USD transactions?

Daily Limit: $3,000 USD.

Weekly Limit: $5,000 USD.

Monthly Limit: $15,000 USD.

Single Transaction Limit:  $3,000 USD.

School Daily:  $3,000 USD.


What is the transfer limit for the Euro?

Daily Limit:  €3,000.

Weekly Limit: €5,000.

Monthly Limit: €15,000.

Single Transaction Limit: €3,000.

School Daily: €3,000.


What are the fees applied to transfers?

NGN to NGN is now 1%, capped at ₦1,000. 

NGN to CAD: $1.50 CAD.

NGN to USD and EUR is free. 

CAD to CAD: $1.5 CAD.

CAD to EUR to USD or NGN is now free. 

USD to CAD: $1.50 CAD.

USD to USD is now uncapped at 0.6%. 

USD to NGN and EUR is free.

EUR to CAD: $1.50 CAD.

EUR to EUR is an uncapped fee of 0.6%.

EUR to NGN or USD is free.


What are the limits for deposits?

Deposits in all currencies are unlimited.


Minimum deposits:

CAD: $20 CAD.

USD: $10.

EUR: 10 EUR.