Transacting in Nigerian naira with deposits and withdrawals using online bank transfers in Nigeria is easier than ever and saves on currency exchange rates and there are no transaction fees.
Please see which banks this payment method is available to in your Personal Area when you select this payment method.
Here’s what you need to know about using online bank transfers in Nigeria:
|Online Bank Transfer||Online Bank Transfer #3|
|Minimum Deposit||USD 10||USD 10|
|Maximum Deposit||USD 42 000||USD 44 300|
|Minimum Withdrawal||USD 3|
|Maximum Withdrawal||USD 12 000|
|Deposit and Withdrawal Processing Fees||Free|
|Deposit Processing Time||Up to 24 hours|
|Withdrawal Processing Time||Instant|
Note: The limits specified above are per transaction unless mentioned otherwise.
Deposits with online bank transfer
- Choose from these options (if available) in the Deposit section of your Personal Area:
- Online Bank Transfer
- Online Bank Transfer #3
Note: on-screen instructions may vary depending on the method chosen.
- Select the trading account you would like to top up, enter the deposit amount (integer values only), and click Continue.
- A summary of the transaction will be presented to you; click Confirm to continue.
- Continue to follow the on-screen instructions to complete your deposit; the on-screen instructions will vary depending on the chosen option in step 1.
Withdrawals with online bank transfer
- Choose Online Bank Transfer in the Withdrawal section of your Personal Area.
- Select the trading account you would like to withdraw funds from and specify NGN as the currency of operation. Click Continue.
- A summary of the transaction will be shown. Enter the verification code sent to you either by email or SMS depending on your Personal Area security type. Click Confirm withdrawal.
- On the next page you’ll need to select provide some information, including:
- Phone number
- Bank name
- Bank account number
- Account name
- Then click Confirm once the information is input. A screen will confirm the withdrawal process completion.
We recommend following the link if you would like to know more about payments.