If you’re a new user on Palremit, it is not often that you fail to find your way around our app, but if you do, this is what these product-led SEO contents are for.
You can fund your Palremit multi-currency account with Nigerian Naira (NGN), US Dollars (USD), and Kenyan Shilling (KES).
If you’re a Nigerian user, you will likely need to deposit some naira into your account to swap to crypto, buy data or airtime, send money to friends via Palremit P2P, or perform other financial transactions. However, before you can get a naira account, you must have become a verified user on our app.
When you create an account on Palremit, new users must complete their Know Your Customer (KYC) registration. Palremit collects your bank verification number, a selfie photo of you, and documentation records that help us keep your identity in check. So, in any case of an attempted identity theft, we can keep you safe.
Once you complete KYC, which only takes a few minutes, you will have full access to all the financial features and services that Palremit provides.
You will get a naira account that you must use to fund your Palremit NGN account. Locating this account is easy.
First, open the Palremit app on your mobile phone and log in.
- Go to Deposit
Another screen appears with two options: Deposit Cash or Deposit Crypto.
Select Deposit Cash. A pop-up will appear prompting you to select a currency. Choose Nigerian Naira (NGN).
- Select NGN as your preferred currency
On the next screen, you’ll find your NGN bank account details, including your account number, account name, and bank name.
And that’s it! You are ready to fund your account. Copy your account details and make a naira deposit into the displayed NGN account.
Please double-check that you’re depositing into the correct account. Recovering funds sent to the wrong account can be a tad difficult.
Transfers to your NGN account are instant and once you send the money, you will receive an email and push notification alerts that the money is in your Palremit account.
What Can I Do With Money in My Palremit NGN Account?
With funds in your Palremit NGN account, you have access to a variety of services and features on Palremit to make managing your finances easier. Here are some of the things you can do:
- Swap naira for crypto: Palremit makes it easy to convert your NGN funds into crypto, giving you access to digital assets directly within the app.
- Buy airtime and data: Use your NGN balance to purchase airtime and data for yourself or others, making top-ups quick and convenient.
- Send money via P2P: With Palremit’s peer-to-peer (P2P) feature, you can easily send money to friends or family who also use Palremit, saving time and transfer fees.
- Fund your multi-currency wallet: You can use your NGN funds to add balance to other currency wallets within Palremit, including USD and KES, allowing you to make transactions in multiple currencies as needed.
Each transaction comes with real-time notifications to help you stay on top of your finances. Managing and transferring your funds on Palremit is easy and secure.
With these features at your fingertips, Palremit empowers you to take control of your finances, all from the convenience of your phone.
Download the Palremit app on Google PlayStore or Apple Store to enjoy seamless financial transactions on the go. The app now allows you to swap money between USDT and other local currencies, so you can start using your money without borders.
