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What's free, and what do I pay for?

Last updated on Sep 25, 2026

Most of Roofteller costs nothing. You pay a small fee when you send money to another bank, and you pay for Pro if you choose it.

What Cost
Opening an account ₦0
Monthly account maintenance ₦0
Minimum balance ₦0
Receiving money ₦0
Moving money between your own accounts ₦0
Sending money, up to ₦99,999 ₦25
Sending money, ₦100,000 and above ₦50
Stamp duty, on transfers of ₦10,000 and above ₦50
A tenant paying rent ₦0
Pro plan ₦150,000 a year plus 7.5% VAT

Stamp duty is a government levy on electronic transfers. It's collected by the bank, not by Roofteller. You'll see the fee and any stamp duty before you confirm a transfer.

Related: Essential vs Pro: what's included? · How do I send money?