Verification tiers and limits
Compare what Tier 1, Tier 2 and Enterprise unlock for transfers, daily limits and wallet balance.
Last updated June 18, 2026
Your tier sets how much you can move in a single transfer, how much you can debit each day and how much you can hold in your wallet.
The limits
| Tier | Requirements | Max single transfer | Max daily limit | Wallet balance |
|---|---|---|---|---|
| Tier 1 (Starter) | Owner BVN + NIN | ₦100,000 | ₦200,000 | Unlimited |
| Tier 2 (Verified) | Adds CAC + TIN + proof of address | ₦2,000,000 | ₦10,000,000 | Unlimited |
| Tier 2+ (Enterprise) | Custom review | ₦2,000,000 | ₦20,000,000 | Unlimited |
Choosing a tier
- Tier 1 suits sole traders and freelancers getting started fast.
- Tier 2 suits registered businesses that need higher throughput and their name on receipts.
- Tier 2+ (Enterprise) suits high-volume businesses needing the highest daily limit. Contact us to arrange a review.
Tip: Limits are approximate guides and may be tailored to your account. Check your live limits in Settings, then Verification.
What's next
- Move up a tier: How to upgrade from Tier 1 to Tier 2.
- Want Tier 2+ (Enterprise) limits? Email support@boldswitch.ng to start a review.
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