OwoDaily Minimum Withdrawal (How To Withdraw On Owodaily in Nigeria)
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OwoDaily is a Nigerian online payment platform that allows users to make and receive payments, as well as purchase airtime and data. The platform has a minimum withdrawal amount of ₦1,000.
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To withdraw money from your OwoDaily account, follow these steps:
- Log in to your OwoDaily account.
- Click on the “Withdraw” button.
- Enter the amount you want to withdraw and your bank account details.
- Click on the “Withdraw” button again.
Your withdrawal will be processed within 24 hours. You will receive a notification once your withdrawal has been processed.
Here are some additional things to keep in mind when withdrawing money from OwoDaily:
- You can only withdraw money to a bank account that is in your name.
- You will be charged a withdrawal fee of ₦100 for each withdrawal.
- If you are withdrawing more than ₦100,000, you will need to provide additional verification documentation.
If you have any problems withdrawing money from OwoDaily, you can contact their customer support team for assistance.
How To Withdraw Money From OwoDaily
- Go to the OwoDaily website or open the OwoDaily app.
- Log in to your account.
- Click on the “Withdraw” button.
- Enter the amount of money you want to withdraw.
- Select your withdrawal method.
- Confirm your withdrawal.
Your withdrawal will be processed within 24-48 hours.
Withdrawal methods
OwoDaily offers a variety of withdrawal methods, including:
- Bank transfer
- Mobile money transfer
- Cryptocurrency withdrawal
Bank transfer
To withdraw money from OwoDaily to your bank account, you will need to provide your bank account details. This includes your bank account number, bank name, and branch code.
Mobile money transfer
To withdraw money from OwoDaily to your mobile money account, you will need to provide your mobile money phone number.
Cryptocurrency withdrawal
To withdraw money from OwoDaily to your cryptocurrency wallet, you will need to provide your cryptocurrency wallet address.
Fees
OwoDaily charges a fee for all withdrawals. The fee amount varies depending on the withdrawal method you choose.
For example, the fee for withdrawing money to a bank account is 1% of the amount you are withdrawing. The fee for withdrawing money to a mobile money account is 2% of the amount you are withdrawing. The fee for withdrawing cryptocurrency is 3% of the amount you are withdrawing.
Minimum withdrawal amount
The minimum withdrawal amount from OwoDaily is ₦1,000.
Withdrawal limits
OwoDaily has a daily withdrawal limit of ₦100,000 and a monthly withdrawal limit of ₦1,000,000.
If you have any questions about withdrawing money from OwoDaily, you can contact OwoDaily customer support for assistance.
Owodaily Withdrawal Date & Time
Owodaily is a daily withdrawal limit set by the Nigerian Central Bank (CBN) for individual bank accounts and mobile wallets. It is currently set at N500,000 per day for both cash and point-of-sale (POS) transactions.
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The Owodaily withdrawal limit is not a new policy, but it was recently reinforced in order to reduce cash flow and curb inflation. The CBN also aims to encourage the use of cashless payment methods, such as electronic transfers and mobile banking.
The Owodaily withdrawal limit applies to all individual bank accounts, including savings accounts, current accounts, and domiciliary accounts. It also applies to mobile wallets, such as those offered by banks and telecom operators.
The Owodaily withdrawal limit is reset at midnight every day. This means that you can withdraw another N500,000 the next day, even if you have not withdrawn the full amount the previous day.
Owodaily Withdrawal Time
There is no specific time restriction on Owodaily withdrawals. You can withdraw cash from your bank account or mobile wallet at any time of the day or night. However, some banks may have their own operating hours for ATMs and branches.
If you are withdrawing cash from an ATM, it is important to be aware of your surroundings and take precautions to protect yourself from robbery. It is also important to keep your ATM card and PIN confidential.
How to Withdraw Cash Above the Owodaily Limit
If you need to withdraw cash above the Owodaily limit, you can do so by visiting your bank branch and filling out a cash withdrawal form. The bank will then review your request and decide whether or not to approve it.
If your request is approved, you will be able to withdraw the cash from your bank account. However, you may be charged a fee for withdrawing cash above the Owodaily limit.
Conclusion
The Owodaily withdrawal limit is a way for the CBN to reduce cash flow and curb inflation. It also encourages the use of cashless payment methods.
If you need to withdraw cash above the Owodaily limit, you can do so by visiting your bank branch and filling out a cash withdrawal form.
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