Skip to main content

Naira Wallet Fees

Understand Pouchers Naira wallet fees, including the 1% deposit processing fee capped at ₦1,000 per deposit and the flat ₦100 fee for withdrawals to your bank account.

Written by Ibukunoluwa Kohode

Pouchers charges a fee for deposits into your Naira wallet and withdrawals from your Pouchers wallet to your bank account. Here is a breakdown of the applicable fees.

Funding Your Naira Wallet

A 1% processing fee applies to each Naira deposit, capped at ₦1,000 per deposit.

For example:

Deposit Amount

Processing Fee

Amount Credited

₦10,000

₦100

₦9,900

₦50,000

₦500

₦49,500

₦100,000

₦1,000

₦99,000

₦200,000

₦1,000

₦199,000

₦500,000

₦1,000

₦499,000

Once the 1% processing fee reaches ₦1,000, the fee is capped at that amount. You will not pay more than ₦1,000 for a single deposit, regardless of the deposit amount.

Withdrawing to Your Bank Account

A flat ₦100 withdrawal fee applies when you withdraw money from your Pouchers wallet to your bank account.

Important to Know

  • The deposit processing fee is deducted when you fund your Naira wallet.

  • The withdrawal fee is applied when you withdraw to your bank account.

  • Review the transaction details before confirming your deposit or withdrawal.

Need Help?

If you have questions about Naira wallet fees, contact our support team through:

Did this answer your question?