If you deposit more than $10,000 cash in your bank account, your bank has to report the deposit to the government. The guidelines for large cash transactions for banks and financial institutions are set by the Bank Secrecy Act, also known as the Currency and Foreign Transactions Reporting Act. The maximum amount PER DAY you may deposit is $100 to general (Trust) account and $100 to a phone account - with a maximum of $200/week PER account. A single email address cannot be used to make more than a $100 general (trust) account / $100 phone account deposit a day. MoneyPak is a convenient way for friends and family members to reload deposit money eligible prepaid and bank debit cards. Just purchase a MoneyPak at a store near you and visit MoneyPak.com to reload a card. MoneyPak cannot be used to pay bills, fund online accounts, or add money to PayPal. Earnest money deposits are usually 1 percent to 3 percent of a home’s purchase price, depending on local custom and the pace of current market conditions (the faster the market pace, the higher the deposit). So if you were buying a $300,000 home, the deposit would be $3,000 to $9,000.

• High interest rates
• Insured by the NDIC

• Regulated by the CBN
• Simple, online process

How it works

Start a Fixed Deposit

Choose how much you want to invest and for how long

Share some details

Share some information about yourself

Start Earning

Can You Mobile Deposit A Money Order

Fund your fixed deposit and start earning more on your money

Frequently asked questions

Money Deposit Bag

Money Deposit Apps

Can’t find your question? see full FAQs