Zenith Bank — a tier-1 bank favoured for larger balances. Money from abroad, straight to your account at the live rate.
Someone abroad sends USDT to your permanent Monica deposit address — from any exchange, any country, any time. When the deposit confirms on-chain (seconds to a couple of minutes on TRC-20), you convert at the live USDT/NGN rate and withdraw. The naira lands in Zenith Bank in 30–60 seconds via nibss, riding the same NIBSS instant rails as any local transfer. The sender never needs your Zenith Bank details, and you never need a domiciliary account.
Cost: the whole chain costs the sender about $1, against the 8.8% World Bank average for traditional remittances. Rate: conversion happens at the live market rate — not a remitter's payout rate. Control: money arrives as dollars (USDT) and you decide when to convert, which many families use to hold value against naira moves. And it works at 3am on a Sunday exactly as well as Tuesday noon.
"First time I tried it I sent just $20 to test. It worked so fast I sent the real $800 immediately after."
"I used to lose almost ₦40,000 in fees every month sending through Western Union. Switched to USDT and my mum gets the full amount in her UBA."
"School fees deadline was the next morning. USDT from the UK to naira in my account the same night. That saved my semester."
"My brother receives it on Monica and withdraws straight to Zenith Bank. Under a minute after the USDT confirms. Every single time."
Yes. Convert USDT to naira on Monica at the live rate and withdraw directly to your Zenith Bank account — payout typically completes in 30–60 seconds via nibss after you tap withdraw.
30–60 seconds via NIBSS after conversion. The transfer rides NIBSS instant rails, the same system Zenith Bank uses for regular instant transfers.
0% conversion fee and 0% withdrawal fee on Monica. The only cost in the entire remittance chain is the sender's ~$1 network fee.
No — that's a nice property of the route. The sender only ever sees your USDT address. Your Zenith Bank account details stay inside your own Monica app.
The live USDT/NGN market rate displayed at the moment you convert. No remitter markup.
Yes. Monica supports withdrawal to every NIBSS-connected Nigerian bank and wallet — add as many payout accounts as you like.
0% fees on the Nigeria side. Live market rate. Setup takes about 4 minutes.
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