There are two types of transaction limits on a Sycamore account; “single transaction limit” and “daily transaction limit”.
The single transaction limit is the maximum amount of funds you can transfer in one transaction. This varies per account tier with the highest being N1,000,000.
The daily transaction limit is the maximum amount of funds you can transfer in one day. This varies per account tier with the highest being N5,000,000.
Tier 1 single transaction limit: ₦50,000
Daily transaction limit: ₦200,000
Tier 2 single transaction limit: ₦500,000
Daily transfer limit is ₦1,000,000.
Tier 3 single transaction limit: ₦1,000,000
Daily transfer limit is ₦5,000,000.
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