Stamp duty on transactions

Stamp duty is a small, government-mandated charge that applies to larger transfers.

When it applies

Condition	Stamp duty
Transfers of ₦10,000 or more	₦50
Transfers under ₦10,000	None

Where it applies, the ₦50 is a fixed statutory amount rather than a Boldswitch fee.

How it's shown

When stamp duty applies, it appears alongside the transaction so you can see it clearly in your history.

Good to know

• Stamp duty is set by regulation, not by Boldswitch.
• It only applies to transfers of ₦10,000 or more — smaller transfers aren't charged.

Tip: Check your transaction details to see any stamp duty applied to a specific transfer.

For the bigger picture, see the Fee overview. Questions? Email support@boldswitch.ng.