What are the daily and Monthly limits for Naira transactions?

What are the daily and Monthly limits for Naira transactions?


Here are the transaction limits for Naira transactions on CadRemit:

Daily Limits:
- Depositing Naira into your CadRemit account: Unlimited
- Sending Naira via bank transfer: NGN 5,000,000

Monthly Limits:
- Naira Transfers: NGN 30,000,000
- Naira Deposits: Unlimited

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    • Can I create an account without a BVN?

      Yes, you can create an account and transfer or deposit CAD without BVN verification. However, to get a virtual account assigned to you for Naira transactions, BVN verification is required.
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