Chipper Cash accounts have two wallets: NGN and USD. You can send money from either wallet to a bank account in Nigeria. You can send money to a naira bank account or a domiciliary bank account.
Send money to a Naira bank account:
- Open the Chipper Cash app.
- Tap the “Send” button.
- Choose “NGN Bank Accounts” from the list of options.
- Enter the recipient’s bank account details.
- Enter the amount you want to send.
- Select a reason for the payment, such as “Business expense”.
- Confirm the transaction.
Your money will be sent to the recipient’s Naira bank account.
Send money to a Domicilliary bank account
- Open the Chipper Cash app.
- Tap the “Send” button.
- Choose “USD Bank Accounts” from the list of options.
- Select or enter the recipient’s domicilliary bank account details.
- Enter the amount you want to send.
- Select a reason for the payment, such as “Business expense”.
- Confirm the transaction.
Your money will be sent to the recipient’s USD domicilliary account.
Some tips:
- If you are sending money to a domiciliary account, it is best to send it from your USD wallet.
- Not all domiciliary bank accounts are supported by Chipper Cash. Zenith bank domiciliary account is one of the banks that work well with Chipper Cash.
- Make sure you enter the correct account details. There are no reversals for failed transactions.
FAQ
Are there any fees for sending money to a bank account in Nigeria? There is no fee for sending money to a Naira bank account. But there is a $2 fee for withdrawing money to a USD domiciliary bank account in Nigeria.
How long does it take for the transaction to be successful? Sending money to a Naira bank account is instant. Sending money to a domiciliary account takes up to 48 business hours to be processed.
Can I reversed a mistaken transaction? There are no reversals as long as the transaction as been sent.
Can I send NGN to a USD Dom account? You need to transfer your money from your USD wallet to a USD domiciliary account first.
Hope it helps!