VAS » Transactions and amounts
Transactions and Amounts
Is there a minimum/maximum to the amount that I can transfer per transaction?
You can send any amount between 300 and 10,000 Ks at one time; there is no limit to the amount you can transfer in one day, but there is a limit of 5 transfers a day
How many transfers can I make per day?
There is a limit of 5 transfers a day. The counter starts and ends at midnight every day.
How long does it take for me to transfer credit to my friend?
After you request a Balance Transfer, your friend should receive credit in a matter of seconds.
What will be the validity of the credit transferred?
The balance validity will not be transferred. If the recipient is an active user whose main balance has not expired, the recipient’s main balance validity date will remain the same. [see the Special Treatments section for questions relating to 1-way block and 2-way block users]
Will I receive a notification after a Balance Transfer?
Yes, both the sender and recipient will receive a notification SMS upon a successful Balance Transfer.
Is there a maximum amount that I can transfer per day?
There is no limit to the amount you can transfer in one day, but there is a limit of 5 transfers a day.
How much does it cost for a Balance Transfer?
The cost for each Balance Transfer is 5% of the total transfer amount. The 5% is deducted from the sender’s main balance, while the recipient is not charged any fees.
Is there a maximum number of transfers or amount that I can receive per day?
There is no limit to the amount you can receive in one day, and but there is a limit to the number of transfers you can receive in one day. (Effective transfer limit of 50,000 Ks)
Can I transfer bonus balance to my friend?
No, the Balance Transfer service is only applicable for transfers of main balances.