Bank Verification Concerns


To learn how to verify your bank account with us, click here to see instructions in the General FAQ.


There are a few things to note about SimplePay Bank Verification:

  1. Every Personal or Merchant account must have at least ₦700 to add new bank.
  2. Without bank verification, users are not granted access to SimplePay services.
  3. It is necessary to take caution when deleting bank accounts as deposit is needed to add new bank account.
  4. Users are expected to add bank accounts in their own name and/or company name (current/savings).
  5. Users or Merchants with personal bank accounts are limited to withdrawals worth ₦50,000.


NOTE: Should you have any questions concerning this, you may click here to create a ticket.