Skip to main content

Withdrawal Fees on Prestmit

Withdrawal fees for Naira, Cedis, and crypto payouts on Prestmit — what you'll be charged and why.

Naira withdrawals

A flat ₦50 fee is charged on every Naira withdrawal. This covers stamp duty and bank charges following a directive from the Central Bank of Nigeria (CBN). The fee is fixed regardless of the withdrawal amount.

Cedis withdrawals

No sending fee is charged for standard Cedis withdrawals. If your account is marked as a Merchant account, a sending fee may apply. The exact fee is determined by the banking partner and you will be contacted via in-app live chat to approve it before the withdrawal is processed.

Crypto payouts

There is no Prestmit fee for crypto payouts. Standard blockchain network fees may apply depending on the coin and network conditions at the time of the transaction.

Did this answer your question?