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Kuda Bank Registration: How To Open Kuda Bank Account/How to Make Payments (Send and Receive Money) with Kuda Bank App

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Are you looking to open a Kuda bank account and make seamless payments? Look no further! In this comprehensive guide, we will walk you through the process of opening a Kuda bank account and show you how to conveniently send and receive money using the Kuda Bank app. Kuda is a digital-first bank in Nigeria that offers a range of banking services right at your fingertips. 

Whether you’re a new user or considering switching to Kuda, this guide will provide you with step-by-step instructions, valuable tips, and insights to help you make the most of your banking experience. Say goodbye to traditional banking hassles and embrace the convenience of Kuda Bank. Let’s dive in and discover how you can open an account and effortlessly manage your finances with the Kuda Bank app.

Kuda Bank Signup and Registration: How To Open Kuda Bank Account

To open a Kuda bank account, follow these simple steps:

  1. Download the Kuda Bank App: Visit the Google Play Store or Apple App Store on your smartphone and search for the “Kuda Bank” app. Download and install the app on your device.
  2. Sign Up: Once the app is installed, open it and click on “Sign Up” to create a new account. You will be prompted to enter your phone number and verify it with an OTP (One-Time Password) sent to your registered mobile number.
  3. Provide Personal Information: After verifying your phone number, you’ll need to provide personal information such as your full name, date of birth, and email address. Follow the on-screen instructions to complete the registration process.
  4. Create a PIN: Set up a secure PIN that you will use to access your Kuda account. Make sure to choose a strong PIN that is easy for you to remember but hard for others to guess.
  5. Take a Selfie: As an additional security measure, Kuda requires users to take a selfie to verify their identity. Follow the instructions on the app to take a clear selfie that matches your photo ID.
  6. Add Funds: To start using your Kuda account, you’ll need to add funds. You can do this by linking your existing bank account and initiating a transfer, or you can deposit cash at one of the Kuda partner banks or agents.
  7. Activate Your Card: If you opted for a Kuda debit card during the registration process, you’ll receive it at your registered address. Activate your card within the app by following the provided instructions.
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Congratulations! You have successfully opened a Kuda bank account. You can now enjoy the convenience of managing your finances, making payments, and accessing various banking services right from your smartphone.

How To Send Money With Kuda Account 

To send money with your Kuda account, follow these steps:

  1. Open the Kuda Bank App: Launch the Kuda Bank app on your smartphone and log in to your account using your registered phone number and PIN.
  2. Navigate to the “Send Money” Option: On the app’s home screen, you will find a menu with different options. Tap on the “Send Money” or “Transfer” option to initiate a transfer.
  3. Enter Recipient Details: Provide the necessary details of the recipient, including their bank name, account number, and the amount you wish to send. Ensure that the information is accurate to avoid any errors or delays.
  4. Confirm the Transaction: Review the details of the transaction to verify that everything is correct. If everything looks good, click on the “Confirm” or “Send” button to proceed.
  5. Authenticate the Transaction: Depending on the transaction limits and security settings, you may be required to input your PIN or provide other authentication methods to authorize the transfer.
  6. Transaction Confirmation: Once the transaction is successful, you will receive a confirmation message within the app and via SMS. The recipient will also receive a notification of the incoming funds.
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It’s important to note that Kuda allows you to send money to other bank accounts within Nigeria. However, transaction limits and fees may apply, so it’s advisable to familiarize yourself with the specific terms and conditions provided by Kuda.

How To Receive Money On Kuda Account 

  1. Share Your Account Details: Provide the person who wants to send you money with your Kuda account details. This includes your account name, account number, and the name of the bank (Kuda Bank).
  2. Inform the Sender: Let the sender know that you prefer to receive the funds directly into your Kuda account. They can initiate the transfer from their bank’s mobile app or through other transfer methods.
  3. Confirm the Transaction: Once the sender initiates the transfer, they will need to input your account details correctly. Ensure that they have the accurate information to avoid any delays or complications.
  4. Check Your Account Balance: After the sender completes the transfer, check your Kuda account balance to confirm that the funds have been received. You will receive a notification within the Kuda Bank app and may also receive an SMS notification.
  5. Access and Use the Funds: Once the funds are in your Kuda account, you can use them for various purposes. You can make payments, transfer money to other bank accounts, pay bills, buy airtime and data, or withdraw cash from ATMs that support Kuda withdrawals.

Remember, it’s important to keep your account details private and share them only with trusted individuals. Always verify the sender’s information and confirm the transfer before relying on the received funds.

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How do I receive money on Kuda? 

To receive money on Kuda, simply share your Kuda account number or Kuda payment link with the person sending you money. They can transfer funds directly to your Kuda account using your account details or by clicking on the payment link and following the instructions.

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How does Kuda payment link work? 

Kuda payment link allows you to generate a unique link that you can share with others to request payment. When someone clicks on the link, they will be directed to a page where they can enter the payment amount and complete the transaction, sending the funds directly to your Kuda account.

Can I send and receive money on Kuda without BVN? 

No, a Bank Verification Number (BVN) is required to open and use a Kuda account. BVN is a unique identification number linked to your bank account and is used for security and verification purposes.

How can I open an account in Kuda bank? 

To open an account with Kuda bank, you can download the Kuda Bank app from the App Store or Google Play Store. Follow the registration process, provide the required information, and complete the Know Your Customer (KYC) verification by submitting a valid identification document. Once approved, your Kuda account will be activated.

How much is naira to dollar on Kuda? 

The exchange rate between the Nigerian Naira and the US Dollar on Kuda may vary and is subject to market fluctuations. It is recommended to check the real-time exchange rates within the Kuda app or contact Kuda customer support for the most accurate information.


In conclusion, opening a Kuda bank account provides you with a convenient and efficient way to manage your finances. With the Kuda Bank app, you can easily send and receive money, make payments, and access various banking services right from your mobile device.

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