Frequently Asked Questions about Kuda Bank - Naija Reviews

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We will be attempting Major Questions on Kuda bank, this isn't a review article nor for comparison!

    Overview of Kuda Bank 

Also known as Kuda technology was founded by Babs Ogundeyi and Musty Mustapha in 2019 Click here to read All about kuda Bank

Is Kuda A Bank?

Everyone sees Kuda as a Bank, lets me give you full insight into what Kuda Bank is all about.

    Kuda Bank or Kuda Technologies is a Fintec company operating in Nigeria and the UK, The answer is YES! Kuda is a Bank 

Does Kuda Bank receive Money from Abroad?

Kuda Bank operates Both in Nigeria and the UK, which means users can Receive and send money from Nigeria to the UK and vice versa.

Can I open a Nigerian Kuda Bank account in The UK?

No, you can't. You need to have a valid UK address and a valid government-issued UK ID.

What is the fee when money is been transferred from Kuda Uk to Kuda Nigeria?

Transferring money from Kuda UK to Kuda NG will incur a £3 fee.

Can I use a Kuda Bank account without BVN?

Yes, you can open a Kuda Bank without BVN. But it will be a limited account with a very tiny Limit.

    verify with NIN or BVN to unlock all features.

Does Kuda Bank Have an ATM?

    Kuda Bank gives a Completly Free ATM card to its User plus free delivery.

Is Kuda Bank worldwide?

Kuda Bank only Operates in two countries Namely, Nigeria and UK.

    So the answer is No it operates in two countries only.

Can Kuda be trusted?

Kuda Bank is fully licensed, Monitored, and regulated by the CBN, and all your assets are insured by the NDIC, the answer is yes, it is completely safe.

Can I use Kuda card for international Payments?

Kuda Bank cards are not caught out for International Payments, as will get declined on mostly all international sites, and it is also affected by the CBN limit on international Payments.

Kuda Bank Website

The Kuda Bank's official website is www.kuda.com 

Can I Lose My Money Using Kuda Bank?

Just like every other online Bank you have to be careful sharing or letting out information as scammers can get it and Yes! you can lose your money.

Who is Kuda Banks Ambassador?

Kuda Bank has several ambassadors few are :

• Eric Nlewedim
• Fireboy
• Tacha
• Mercy eke etc.

How old is Kuda Bank?

Kuda Bank Began Operations in 2019,

which is 4 years in 2023, 5 years in 2024, 6 years in 2025, etc.

How many Branches does Kuda Bank Have in Nigeria?

Kuda Bank has three head offices: one situated in Lagos, Nigeria, and the other two located in London, United Kingdom.

    In summary, it has just one physical Bank in Nigeria.

Where is the Kuda Bank Nigerian Office Located?

Kuda Bank Nigerian Office address is 151 Herbert Macaulay Way, Yaba 101245, Lagos.

Is kuda Bank shutting down?

Kuda is not in any way trying to shut down, even if this issue arises in the future it will be announced, and all deposits will be returned to you the customer.

    Do you have unanswered Questions regarding this?, use the comment Section.