Premium customers: earn 20% a year on a 3-month Locked Savings plan. Limited availability. Learn more.
Send Money
Send money easily with Kuda Business
Make single and bulk transfers to as many as 1,000 beneficiaries with the Kuda Business app.
Send money to up to 100 beneficiaries at once.
Pay a flat fee of ₦10 on each transfer to other banks.
Get notifications when your transfers are completed.
Pay one person or many people at once
Add up to 100 beneficiaries with a spreadsheet and pay them all at the same time with Kuda Business.
Save money when you send money
Transfers to Kuda accounts are free, and sending money to other banks will cost you just ₦10 per transfer.
Know when your transfers are completed
For your peace of mind, you’ll get a notification on the Kuda Business mobile app when each transfer you make gets to the beneficiary bank.
Transfer FAQs
What’s the difference between a single transfer and a bulk transfer?
Single Transfer is when you send money to one person. While Multiple transfer is when you pay up to 20 or more people at once.
How do I make a bulk transfer on Kuda Business?
To make a bulk transfer to a maximum of 20 beneficiaries on Kuda Business, follow the steps
below:
1. Sign in to the Kuda Business web or mobile app, then tap Payments.
2. Tap Create A List if you’re sending money to a maximum of 20 beneficiaries.
3. Tap Who?, then tap Send To New Account and add the details of the beneficiary. Repeat for up
to 20 beneficiaries.
4. Follow the prompts on your screen to complete your bulk transfer.
To make a bulk transfer to more than 20 beneficiaries on Kuda Business, follow the steps below:
1. Sign in to the Kuda Business web app, then tap Payments.
2. Tap Upload A CSV Or Excel File.
3. Tap Download Template, then tap Download Bank Codes and add the details of all beneficiaries
to the template.
4. Upload the filled template as a CSV file or an Excel file, then tap Next and follow the prompts on
your screen to complete your bulk transfer.
How much do transfers cost on Kuda Business?
Sending money to another Kuda account is free. For other banks, we charge ₦10.
How much can I send from my account?
Your transfer limit depends on whether you have a Freelancer or Full Business account.
How will I know if my transfer was successful?
You’ll receive a notification of your transfer status.
Can I make international transfers?
Not at the moment. You can only transfer to other Nigerian banks.
More for you
Download the app
It only takes a few minutes to start enjoying free benefits. Use the links below to download the Kuda App for business.