Transfer fees

Here is what sending money from your Boldswitch balance costs.

Outgoing transfer fees

Destination	Fee
Another Boldswitch user	Free
Nigerian bank account	₦25 flat
Bulk payout (per recipient)	₦25 flat to bank, free to Boldswitch

Every fee is shown in-app before you confirm a transfer.

Good to know

• Transfers between Boldswitch users are always free, both ways.
• Bulk payouts apply the same per-recipient fee as a single transfer.
• There are no hidden monthly, maintenance, or inactivity fees.

Tip: Paying suppliers who are on Boldswitch costs nothing, so it pays to bring partners onto the platform.

To send to a bank, see send money to a bank account (/business/payouts-transfers/send-to-bank-account). To pay many at once, see run a bulk payout (/business/payouts-transfers/run-bulk-payout).

Need clarity on a charge? Email support@boldswitch.ng.