Home Withdrawal and Wallet Are There Withdrawal Limits?

Are There Withdrawal Limits?

Last updated on Jan 14, 2026

Yes, CardNaira has withdrawal limits to ensure the security of all users' funds and to comply with regulatory requirements.

Simply put, your withdrawal amount must be between the minimum and maximum limits and cannot exceed the "Available Balance" in your account.

Withdrawal Limit Standards

  • Minimum Single Withdrawal: 2,000 NGN (or the GHS equivalent). Requests below this amount cannot be submitted.

  • Maximum Single Withdrawal: 20,000,000 NGN (or the GHS equivalent). If you need to withdraw more than this amount, you will need to do so in batches.

Please note that we do not have a hard limit on your total daily or monthly withdrawal amount, as long as your account is in good standing and has sufficient balance.https://www.cardnaira.com/dashboard/account/bank-account

Factors That Affect Your Withdrawal Limit

While the basic limits are fixed, the actual amount you can withdraw is dynamically affected by the following factors:

1. Your Available Balance

This is the most direct limiting factor. You can only withdraw funds from the "Available Balance" portion of your account. Any funds that are "Frozen" during processing cannot be withdrawn until the transaction is completed or fails.

Examples:

  • If your available balance is 50,000 NGN, you can withdraw a maximum of 50,000 NGN.

  • If your available balance is 25,000,000 NGN, you can only withdraw a maximum of 20,000,000 NGN in a single transaction.

  • If your available balance is 1,500 NGN, you will not be able to withdraw, as it is below the minimum limit of 2,000 NGN.

2. Your Account Status

To mitigate risks, temporary limit adjustments may apply to accounts with different statuses:

  • Newly Registered Accounts: For your first withdrawal, please complete at least one successful gift card sale.

  • Accounts Under Risk Review: If the system detects unusual activity, your withdrawal limit may be temporarily lowered. In this case, please contact customer support for assistance.

3. Your VIP Levelhttps://www.cardnaira.com/dashboard/account/member-center

Although your VIP level does not directly change the minimum or maximum withdrawal limits, it indirectly impacts your withdrawal experience in the following ways:

  • Faster Processing Speed: High-level VIPs enjoy extremely fast withdrawal speeds (as quick as 5 minutes), allowing for higher fund turnover and more flexibility for multiple large withdrawals.

  • More Lenient Reviews: For large withdrawals, high-level VIP users benefit from a more lenient and faster review process.