There is a limit on Virtual Bank Account top-ups; meaning that if you want to top up your wallet, a "single inflow" should not be more than ₦1,000,000 and the "total top-up balance" should not go beyond ₦5,000,000 at a particular time.
Deposit Limits
• Single deposit limit: ₦1,000,000 (One Million Naira) maximum per transaction.
• Total wallet balance limit: ₦5,000,000 (Five Million Naira) maximum at any time.
Important Details About Deposits
• All deposits carry a 1.5% processing fee.
• Deposits are subject to compliance review before being credited.
• Making more than two deposits within 24 hours will lead to your account being flagged for review.
• The sender's name must match the name on your BVN for automatic deposit approval.
• You can deposit from any Nigerian bank or via USSD transfer.
Tips for Efficient Deposits
• Complete the KYC verification to access your Virtual Bank Account for deposits.
• Attempt to make your daily deposits at once to avoid an automatic account flagging.
• Use a personal bank account with a name matching your BVN for deposits into the Nosh Naira wallet.