Off ramp · BTC → NGN

Sell Bitcoin to FCMB

Send BTC to your Monica wallet, receive naira to your FCMB account within 60 seconds of the network confirming. The quick BTC-to-FCMB flow in Nigeria.

Set up FCMB payout Get it on Google Play

★ 4.5 Play Store★ 4.5 App Store700,000+ users₦1T+ processed

FCMBNaira payout over NIBSS instant transfer

0% fee

Typical clearingUnder 60 seconds

RailNIBSS instant transfer

You sendBitcoin network

Fees0% conversion fee, 0% bank withdrawal fee

BTC / NGN · live₦109,949,350

Under 60s after the network confirms

How the naira travels

BTC → FCMB, Step by Step

First City Monument Bank serves a broad retail and SME base. Monica payouts clear normally via NIBSS. The flow on Monica is the same for every bank. What differs is the timing on the bank side. FCMB sits in the tier 1 bank category, with typical clearing of within 60 seconds of the network confirming for NIBSS instant transfers.

You send BTCFrom any wallet or exchange to your Monica address

Monica convertsAt the live rate, the moment the network confirms0% fee

FCMB credits youOver NIBSS instant transferUnder 60 seconds

700K+Active Users

₦1T+Volume Processed

0%Conversion Fee

4.5★Play Store Rating

60sAfter Confirmation

Step by step

How a BTC-to-FCMB Payout Works

Add your FCMB account

Open Monica, go to Bank Accounts, choose FCMB, enter your account number. Auto-verified in seconds.

Send BTC to Monica

From your external wallet, send BTC to your permanent Monica deposit address. Use the network shown beside the address.

Conversion runs automatically

Once onchain confirmation lands, naira credits to your Monica balance at the live mid-market rate. 0% fee.

Withdraw to FCMB

Tap Withdraw, choose your saved FCMB account, type the amount. NIBSS clears within 60 seconds of the network confirming.

If something goes wrong

Common FCMB Payout Issues and How Monica Handles Them

Wrong account number

Monica auto-verifies the account name when you add a FCMB account. If the name doesn't match, the system blocks the save preventing payouts to wrong accounts before they happen.

Delayed clearing

If a NIBSS transfer takes longer than within 60 seconds of the network confirming, the funds are guaranteed by the rail itself. Worst case: the amount reverses to your Monica balance within 24 hours and you can re-attempt.

Bank account restriction

If FCMB restricts your account independently (PND, a KYC query, AML flag), the payout reverses cleanly to your Monica balance. You then withdraw to a different bank.

Failed transaction reversal

Failed bank transfers are reversed to your Monica balance automatically. No support tickets needed for the standard failure modes.

Questions

FAQ Withdrawing to FCMB

How long does a FCMB payout take from Monica?

Under 60 seconds typical clearing. First City Monument Bank serves a broad retail and SME base. Monica payouts clear normally via NIBSS.

Are there fees for withdrawing to FCMB?

No. Monica charges 0% on all bank withdrawals including FCMB. The amount you see in the withdrawal screen is the amount that hits your FCMB account.

What is the daily withdrawal limit to FCMB?

Standard CBN limits apply. Higher limits available for verified business accounts common for traders moving large USDT volumes for supplier payments.

Can I withdraw BTC earnings to FCMB on weekends?

Yes. FCMB processes NIBSS instant transfers 24/7 including weekends and public holidays. Sunday-night Monica withdrawals to FCMB clear at the same speed as weekday withdrawals.

Does Monica work with both FCMB personal and business accounts?

Yes. Both account types are supported. Business accounts at FCMB can request higher daily limits via Monica support.

What if my FCMB account is frozen?

That's a FCMB matter, not a Monica one. If a withdrawal fails because your bank account is restricted, the naira returns to your Monica balance and you can withdraw to a different bank.

How do I add my FCMB account to Monica?

Open the Monica app, go to Settings → Bank Accounts, tap Add Account, choose FCMB from the list, enter your account number. The system auto-verifies your account name. Save and use for future withdrawals.

Is FCMB the quick bank for Monica payouts?

Among the tier 1 commercial banks, FCMB clears within 60 seconds of the network confirming. Digital banks (Opay, Kuda, Moniepoint, Palmpay) are typically faster at 5 to 10 seconds.

Every bank on NIBSS

Other Banks We Support

Monica works with every Nigerian bank on NIBSS: every commercial bank, every digital bank, every microfinance bank. Tap any bank below for its dedicated payout page.