How to deposit NGN on Palremit

Here are the steps to deposit Nigerian Naira (NGN) into your Palremit wallet:

• Create a Palremit account and complete the KYC verification process by providing your selfie photo and Bank Verification Number (BVN). Without a verified account, you cannot get a Nigerian Naira (NGN) account.

• In the Palremit app, select Deposit.

• Palremit will provide you with a dedicated NGN bank account number to transfer funds to. Copy the account number.

• Make the bank transfer of NGN to the provided account number. Please make sure you transfer to only the account number provided.

• Once the transfer is complete, the value of your deposit will reflect on your Palremit account.

The deposited funds can then be used to:

• Exchange for other fiat currencies like United States Dollar (USD) or Kenyan Shilling (KES), and cryptocurrencies like USDT, BTC, SOL, or ETH using the in-app Swap feature.

• Send to other Palremit users via the Send feature using Palremit P2P.

• Fund your Palremit cards when you convert to USD.