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Verification Tiers on Squads

Updated over 6 months ago

Upon successful completion of account verification on Squads, users are automatically granted a Tier 1 verification badge. This tier allows withdrawals of up to ₦200,000. To complete Tier 1 verification, you can use either your BVN or NIN.

For withdrawals exceeding this limit, Tier 2 verification will be required. For this stage, you have to submit either of your BVN or NIN that wasn't submitted earlier. The Tier 2 verification is triggered when you attempt to withdraw above the Tier 1 withdrawal threshold (₦200,000). This additional verification step can be completed easily by following the prompt to unlock higher withdrawal limits.

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