Send BTC to your Monica wallet, receive naira to your FCMB account in 45–90 seconds. The fastest BTC-to-FCMB flow in Nigeria.
Direct payout to FCMB • 45–90 seconds typical clearing
First City Monument Bank serves a broad retail and SME base. Monica payouts clear normally via NIBSS. The flow on Monica is the same regardless of bank what differs is the timing on the bank side. FCMB sits in the tier 1 bank category, with typical clearing of 45–90 seconds for NIBSS instant transfers.
Open Monica, go to Bank Accounts, choose FCMB, enter your account number. Auto-verified in seconds.
From your external wallet, send BTC to your permanent Monica deposit address. Use the network shown beside the address.
Once onchain confirmation lands, naira credits to your Monica balance at the live mid-market rate. 0% fee.
Tap Withdraw, choose your saved FCMB account, type the amount. NIBSS clears in 45–90 seconds.
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.
If a NIBSS transfer takes longer than 45–90 seconds, 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.
If FCMB restricts your account independently (PND, BVN issue, AML flag), the payout reverses cleanly to your Monica balance. You then withdraw to a different bank.
Failed bank transfers are reversed to your Monica balance automatically. No support tickets needed for the standard failure modes.
"No vendor, no haggling, no 'I have sent it' lies. I send TRX, naira lands in Opay. Simple."
"Small gripe it logged me out once and I had to sign in again. But payouts are genuinely instant."
"App is clean and easy. My uncle who barely uses a smartphone figured it out in minutes."
"Switched from Quidax and never looked back. Faster, and the 0% fee is real I checked the maths."
45–90 seconds typical clearing. First City Monument Bank serves a broad retail and SME base. Monica payouts clear normally via NIBSS.
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.
Standard CBN limits apply. Higher limits available for verified business accounts common for traders moving large USDT volumes for supplier payments.
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.
Yes. Both account types are supported. Business accounts at FCMB can request higher daily limits via Monica support.
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.
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.
Among the tier 1 commercial banks, FCMB clears in 45–90 seconds. Digital banks (Opay, Kuda, Moniepoint, Palmpay) are typically faster at 5 to 10 seconds.
Monica works with every NIBSS-connected bank in Nigeria every commercial bank, every digital bank, every microfinance bank. Tap any bank below for its dedicated payout page.
Add your FCMB account, deposit crypto, withdraw naira in 45–90 seconds.
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