Payments
Moniepoint Casinos
To open a Moniepoint account, Nigerians need just a working phone number, valid email, and a Bank Verification Number (BVN). This creates a bank account on KYC Level 1, usable for digital transfers when KYC is up-to-date, though with cash restrictions.
On this page 5
Best Online Casinos with Moniepoint
8 bookmakers our editors use from Nigeria, ranked on offer, cashiers and payout speed.
How we rate- 1
Welcome offerUp to ₦150,000- Apps
- Android · iOS
- Online since
- 2024
- 2
Welcome offer300% up to ₦600,000NLRC licensed- Min deposit
- ₦1,700
- Wallet payout
- 24 h
- Apps
- Android · iOS
- Online since
- 2007
- 3
Welcome offer100% up to ₦188,745- Min deposit
- ₦1,542
- Wallet payout
- 24 h
- Apps
- Android · iOS
- Online since
- 2017
- Min deposit
- ₦455
- Wallet payout
- 24 h
- Apps
- Android · iOS
- Online since
- 2012
- 5
888StarzCuraçaoWelcome offer100% up to ₦140,000Up to ₦560,000 over four deposits- Min deposit
- ₦1,400
- Wallet payout
- 1 h
- Online since
- 2020
- Min deposit
- ₦1,500
- Wallet payout
- 1 h
- Apps
- Android · iOS
- Online since
- 2019
- 7
Welcome offerUp to ₦100,000 a day10% of daily stakes back as free bets, up to ₦100,000 a day for 7 daysNLRC licensed- Min deposit
- ₦1,000
- Wallet payout
- 24 h
- Apps
- Android · iOS
- Online since
- 2006
- Min deposit
- ₦9,100
- Wallet payout
- 7 days
- Apps
- Android · iOS
- Online since
- 2019
Bonus amounts, minimum deposits and payout windows come from the operators’ Nigerian pages and change without notice — read the offer terms before you deposit. 18+ only, and betting is not a way to pay bills: how to stop when it stops being fun.
Moniepoint: pros and cons for punters
- Free to open and keep, no maintenance fee
- Level 3 lets you send up to ₦25,000,000 a day
- Pays into a bookmaker's virtual account like any bank transfer
- USSD *5573# works without mobile data
- Funds insured up to N250,000
- Payouts land in an account already in your name
- Level 1 caps you at ₦300,000 a day
- Rarely listed by name, you pay by bank transfer
- Bank transfer payouts can take 1–3 business days
Fees, limits and insurance
Moniepoint boasts a 99.9% transfer success rate and insures funds up to N250,000 via the Nigerian Deposit Insurance Corporation. Send limits top out at ₦25,000,000 daily for the highest KYC level. Account opening and maintenance are free, but deposits and transfers may have fees.
Getting your winnings out
Level 3 accounts get unlimited receiving, while withdrawals to third parties are blocked: only a bank account registered in your name is allowed.
The mobile app and a *5573# USSD code give access. If Moniepoint falters, try bank transfer or cryptocurrency.
Moniepoint limits by account level
| How you pay | Bank transfer to the bookmaker's account or your virtual account |
|---|---|
| Account opening | Phone number, email and BVN |
| KYC tier limits | ₦300,000 a day at Level 1, ₦500,000 at Level 2 |
| Level 3 limit | ₦5,000,000 per transfer, ₦25,000,000 a day |
| USSD code | *5573# |
| Account fees | None for opening or maintaining |
| Stamp duty | ₦50 on transfers of ₦10,000 or more |
| Payout time to bank | 1–3 business days after approval |
| Deposit insurance | Up to N250,000 |