Off ramp · BTC → NGN

Sell Bitcoin to GTBank

Send BTC to your Monica wallet, receive naira to your GTBank account in 30 to 60 seconds. The quick BTC-to-GTBank flow in Nigeria.

Set up GTBank payout Get it on Google Play

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

GTBankNaira payout over NIBSS instant transfer

0% fee

Typical clearing30 to 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 → GTBank, Step by Step

GTBank (Guaranty Trust Bank) is the most-used commercial bank for Monica withdrawals. NIBSS instant transfer typically clears in under a minute, even for large amounts. The flow on Monica is the same for every bank. What differs is the timing on the bank side. GTBank sits in the tier 1 bank category, with typical clearing of 30 to 60 seconds 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

GTBank credits youOver NIBSS instant transfer30 to 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-GTBank Payout Works

Add your GTBank account

Open Monica, go to Bank Accounts, choose GTBank, 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 GTBank

Tap Withdraw, choose your saved GTBank account, type the amount. NIBSS clears in 30 to 60 seconds.

If something goes wrong

Common GTBank Payout Issues and How Monica Handles Them

Wrong account number

Monica auto-verifies the account name when you add a GTBank 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 30 to 60 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.

Bank account restriction

If GTBank 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 GTBank

How long does a GTBank payout take from Monica?

30 to 60 seconds typical clearing. GTBank (Guaranty Trust Bank) is the most-used commercial bank for Monica withdrawals. NIBSS instant transfer typically clears in under a minute, even for large amounts.

Are there fees for withdrawing to GTBank?

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

What is the daily withdrawal limit to GTBank?

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 GTBank on weekends?

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

Does Monica work with both GTBank personal and business accounts?

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

What if my GTBank account is frozen?

That's a GTBank 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 GTBank account to Monica?

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

Is GTBank the quick bank for Monica payouts?

Among the tier 1 commercial banks, GTBank clears in 30 to 60 seconds. 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.