Who is Eligible to Register on the CadRemit App?

Who is Eligible to Register on the CadRemit App?

User has to be 18 and above to complete the verification process.
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    • Is CadRemit a bank?

      CadRemit operates as a financial technology company and not as a bank. Our banking services are provided in partnership with licensed banking institutions.
    • 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.
    • Can CadRemit be used for bill payment?

      Currently, CadRemit’s services are limited to cross-border transfers and tuition payments. Bill payment services are not available at this time.
    • What is Interac e-transfer?

      Interac eTransfer is a widely used person-to-person (p2p) transfer service embraced by Canadian banks. Initiating a transfer requires only the recipient's email address. There are two primary pathways for money delivery: 1. Auto-deposit recipients: ...
    • 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 ...