What is the maximum transaction amount on NIP and how can it be modified?

Modified on Wed, 14 Aug, 2024 at 12:57 PM

The transaction limit on NIP is implemented in accordance with the CBN regulatory guidelines on the subject matter. The maximum allowable value per transaction per financial institution will be maintained on the platform but each participant is expected to also comply with regulation on transaction limit

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article