Easy Steps To Open eNaira Digital Currency Account

As Style Hub Naija Blog reported earlier, eNaira Wallet allows you to send, receive and spend without charges. With your eNaira Account you can do transaction of different kinds. Link portal to download eNaira App and create eNaira Wallet is now functioning very fine and easy to access. To open eNaira Digital Currency Account is very easy and simple following these steps;

eNaira experience usability and purpose 
The eNaira App features and reflects brand values centered around ease of use and efficiency while bearing in mind your security. We have developed this App with a deeper understanding of customers, what they value, their abilities and also their limitations.

Features of eNaira
The eNaira is crafted with interesting elements for modern solutions that pay keen attention to details.
Sending/Receiving Money
Customers can now send and receive money faster, easily and at very minimal costs.

Verifying Payments
Customers can verify their payments and look up their transaction history anytime, anywhere.

Financial Institutions Transactions 
Intra/inter financial institutions transactions are not only possible, they are faster and cheaper.

Foreign Exchange Transactions
Customers can enjoy speedy transactions across boundaries and a hitch-free foreign exchange.

Know this: eNaira is the Nigerian digital currency that is issued and regulated by the Central Bank of Nigeria.

Your eNaira wallet offers a great way of making purchases with retailers on-site, transferring or sending money while tracking rewards programs. You can link the e-wallet to your bank account or pay as you go with a prepay option. eNaira Wallet allows you to send, receive and spend. 

You can also make use of the eNaira app to perform transactions too. To get started, you have to Download the eNaira app

How to sign-in/login and create eNaira Account
Through eNaira App, you can create account and Login to access eNaira Account. This eNaira App that features and reflects brand values centered around ease of use and efficiency while bearing in mind users’ security. The App was developed with a deeper understanding of customers, what they value, their abilities, and also their limitations. 

How to open eNaira Account?

The eNaira Digital Currency Portal is now live, the website is https://enaira.com.

For individuals:
Account Opening Steps 
Enter invitation code received from bank.
Enter minimum identification details (i.e., NIN, BVN, or KYC/AML Information, depending on the customer tier you are).
Enter other identification details (i.e., Name, Place and Date of Birth, Phone Number,
Passport Photograph, Email and Password).
Minimum ID is validated. 
You receive a notification from your financial institution.
Log in to account

Different Customer Tiers;
Tier One – Customers without Existing Bank Account
Minimum Account Opening Requirement: NIN
Daily Transaction Limit: N50,000
Maximum Cumulative Daily Balance: N300,000
Tier Two – Customers With Minimal Spending Abilities
Minimum Account Opening Requirement: NIN + valid means of identification
Daily Transaction Limit: N200,000
Maximum Cumulative Balance: N500,000
Tier Three – Customers With Regular Spending Abilities
Minimum Account Opening Requirement: BVN + valid means of identification
Daily Transaction Limit: N1,000,000
Maximum Cumulative Balance: N5,000,000.

For business
Steps for eNaira Account Opening
Merchant downloads eNaira Mobile App.
Enters invitation code from bank and validates it.
Enters minimum identification details (i.e., Full KYC as stipulated in the CBN’s AML/CFT Regulations).
Enter your TIN (Tax Identification Number).
TIN is verified, entes other identification details (i.e., email, password, Business Category, Legal Business Name).
Financial Institutions verifies application.
eNaira wallet created and activated.
Merchant and Financial institution receives notification.
The Fourth Customer Tier (The Merchants/Business Tier);
Tier Four – Customers with regular spending abilities
Minimum Account Opening Requirement: Full KYC as stipulated in the CBN’s AML/CFT Regulations
Daily Transaction Limit: N1,000,000
Maximum Cumulative Balance: Unlimited

3. For Government MDAs  
MDA Downloads App.
Login with MD code.
Enter account (TSA/T24 Account).
eNaira wallet created awaiting verification from CBN.
CBN verify and notify MDA.
MDA proceed to top up. 

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