These Are The Spending Limits On Your Upgraded Kuda Account
Your money is always your money, but there are Central Bank rules that control how much of it you can spend at a time.
Here’s everything you need to know:
1. You can send a maximum of 1 million naira at once.
Translation: There’s a 1,000,000 naira limit on a single transfer from your Kuda account.
2. You can spend a maximum of 500,000 naira at once through a POS terminal.
Translation: There’s a 500,000 naira limit on a single POS payment you make with your Kuda Card.
3. You can withdraw a maximum of 30,000 naira at once at an ATM.
Translation: There’s a 30,000 naira limit on a single withdrawal you make from an ATM with your Kuda Card.
Updated on April 9, 2020 with 1 million naira single transfer limit.