Once you have verified your BVN (KYC 1), you can make only two transactions on the mobile app with a limit of ₦25,000 per day, pending the time you can verify your identity.
After a successful identity verification (KYC 2), there will be no limit to your wallet balance. However, the maximum daily deposit is ₦5,000,000 (Five million naira only). While the maximum withdrawal amount is ₦1,000,000 (One million naira only) daily.
After a successful address verification (KYC 3), you can create a virtual dollar card with a $10,000 monthly funding limit. This means you can fund your virtual dollar card with a maximum of $10,000 monthly and make limitless payments on your favorite stores/websites.