What are the payout limits?
Single transfer: ₦5,000,000. Daily: ₦50,000,000. Bulk transfer: ₦100,000,000 per batch. Enterprise accounts can request higher limits....
Last updated August 5, 2026
Payout limits depend on your account tier and verification level.
Payout limits
| Tier | Single transfer | Daily limit | Bulk transfer |
|------|----------------|-------------|---------------|
| Basic | ₦100,000 | ₦500,000 | ₦1,000,000 |
| Verified | ₦500,000 | ₦5,000,000 | ₦10,000,000 |
| Enterprise | ₦5,000,000 | ₦50,000,000 | ₦100,000,000 |
How to increase your limits
- Go to Business > Settings > Verification.
- Select the tier you want to upgrade to.
- Upload the required documents.
- Wait for approval.
Other limits
| Service | Limit |
|---------|-------|
| Single payout | ₦5,000,000 |
| Daily payouts | ₦50,000,000 |
| Bulk batch | ₦100,000,000 |
| Per recipient | ₦5,000,000 |
Enterprise limits
Enterprise accounts can request:
- Higher single transfer limits
- Higher daily limits
- Custom bulk transfer limits
- Dedicated account manager
Contact support at hello@cashmatrix.ng to discuss your needs.
Tip: Upgrade to Verified tier for significantly higher limits.
Need a hand? Email hello@cashmatrix.ng.