Are There Any Fees for Adding Funds to My Virtual Bank Account?
Yes, the following fees apply when you top up your virtual account using supported payment methods:
- SEPA, SEPA Inst, and SWIFT: 0.1% (minimum 10 EUR)
- FAST, BACS, and SWIFT: 0.1% (minimum 10 GBP)
- CHAPS: 0.1% (minimum 25 GBP)
- NGN transactions: Free
Related Articles
How Can I Add Funds to My Virtual Bank Account?
To add funds to your EUR, GBP, or NGN account, please follow these steps in the merchant portal: Log in to your portal. Click on the "Fund Wallet" button. Choose the currency and complete the payment. If you don't have a virtual account yet, you can ...
Is There a Limit on the Amount I Can Hold in My Virtual Bank Account?
Currently, there are no limits on the amount you can receive or maintain in your virtual bank account. However, for larger transactions, we may ask for additional information or documentation. If this is necessary, you will receive an email detailing ...
How Can I Get a Virtual Bank Account?
Only merchants who meet Jitaku verification and compliance standards can open virtual accounts in USD, EUR, GBP, or NGN. After your business is successfully verified, you can request a virtual account through the merchant portal.
What is a virtual account?
A virtual bank account is a digital account that operates just like a traditional bank account. It gives businesses a unique IBAN, allowing them to receive payments for services provided. Jitaku offers virtual accounts in USD, GBP, EUR, and NGN for ...
Which Currencies Can I Use for Virtual Bank Accounts?
Jitaku provides virtual accounts in the following currencies: USD, NGN, EUR, and GBP.