Unfortunately, your transaction will be declined. To complete a transfer, your account balance must be sufficient to cover the full transfer amount, the ₦50 Stamp Duty, and any other fees. If your balance is insufficient for this total, the transaction will not go through, and no money will be deducted.
What happens if I don't have enough money to cover the Stamp Duty? Print
Modified on: Tue, 13 Jan, 2026 at 4:24 PM
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