We’ve updated how fees work on CadRemit so you always know exactly what to expect when sending money.

1. Outgoing Currency Fee

• Fees are always determined by the outgoing currency, regardless of the source wallet.

2. Domestic vs. Cross-Border

• Domestic (same-currency transfers): Percentage-based fee with minimum and cap rules.

• Cross-Border (different-currency transfers): Typically flat or free.

3. Free Cross-Border Transfers

• Transfers in EUR, USD, and NGN are free of charge.

4. The CAD Exception

• CAD has unique nominal flat fees:

• Domestic transfers: $3

• Cross-border transfers: $1.50

• Eur to Eur - a 0.9% fee applies with a minimum of  €3 .

• NGN to NGN - a 0.05% applies, with a minimum of ₦200, capped at ₦2,000. 

• USD to USD - a 0.9% fee applies, with a minimum of $3.

• CAD to CAD- a $3 flat fee applies. 

Cross-border transfers

• USD to EUR is free.

• NGN to EUR is free 

• CAD to NGN is free. 

• USD to NGN is free.

• CAD to USD is free. 

• Euro to USD is free.

• NGN to CAD- a $1.50 flat fee applies. 

• EUR to CAD-  a $1.50 flat fee applies.

• USD to CAD-  a $1.50 flat fee applies.

What are the limits for deposits?

Deposits for all currencies are unlimited

Minimum deposits:

CAD: $20 CAD.

USD:  No minimum deposit

EUR: £1.