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
Related Articles
What are the daily and weekly limits for CAD transactions?
Here are the transaction limits for CAD transactions on CadRemit: Daily Limits: - Depositing CAD into your CadRemit account: Unlimited - Sending CAD via Interac e-transfer: CAD 9,000 - Sending CAD via EFT: CAD 9,000 - Sending CAD to a school: CAD ...
What are the fees for Naira transactions?
Here are the fees for different transactions involving Naira on CadRemit: - Depositing Naira into your CadRemit account: FREE - Transferring From your Naira wallet to Nigerian bank transfer: NGN 200
What are the fees for CAD transactions?
Here are the fees for different transactions involving CAD on CadRemit: - Depositing CAD into your CadRemit account: Free - Sending CAD via Interac e-transfer: CAD 1.5 - Sending CAD via EFT: CAD 1.5 - Sending CAD to a school: CAD 1.5
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.
Is Cadremit safe?
Cadremit is authorized, and regulated by the Financial Transactions and Report Analysis Centre of Canada (FINTRAC) to provide foreign exchange and money transfer services as a Money Service Business. Registration number: M23483684.