Naira4yuan – Complete Your Business Account Verification

How to Complete Naira4yuan Business Account Verification

Upgrading to a Business Account on Naira4yuan gives you higher transaction limits and access to unlimited outgoing transfers, making it ideal for companies and large-scale importers.


Business Account Limits

  • Daily Incoming Transactions: ₦10,000,000

  • Daily Outgoing Transactions: Unlimited

  • Monthly Incoming Limit: ₦250,000,000

  • Monthly Outgoing Limit: Unlimited


Requirements

To complete your Business Verification, you’ll need:

  • Business Details: Registered business name, email address, phone number, and physical address.

  • Business Documents:

    • Regulatory ID upload

    • CAC certificate

    • Memorandum & Articles of Association (Memart)

    • Status Report from CAC

  • Business Ownership Quota (ownership/shareholder details)


Step-by-Step Guide

1. Log In to Your Naira4yuan Account

  • Visit www.naira4yuan.com or open the app.

  • Sign in with your registered email/phone number and password.


2. Go to the Verification Section

  • From your dashboard, navigate to Settings or Verification.

  • Select Business Verification.


3. Provide Business Information

  • Enter your registered business details exactly as they appear on your CAC records.


4. Upload Required Documents

  • Attach clear, valid copies of all listed documents.

  • Ensure the documents are up-to-date and match your registration details.


5. Submit for Review

  • Double-check all information and click Submit.

  • Your application will be reviewed, and you’ll receive a notification once approved or if corrections are needed.


Approval Outcome

  • Approved: You can now transact within the Business Account limits with unlimited outgoing payments.

  • Rejected: You’ll receive feedback to help you correct and resubmit your application.


Tips for a Smooth Approval

  • Ensure all documents are valid and legible.

  • Use consistent details across all fields and uploaded files.

  • Double-check CAC documents for accuracy before submission.


Next Step: Once approved, proceed to make Deposits into your NGN wallet and start sending larger or unlimited payments to your vendors.

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