Convert USDT on any supported network and receive naira to your GTBank account in 30–60 seconds.
Direct payout to GTBank • 30–60 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. The flow on Monica is the same regardless of bank — what differs is the timing on the bank side. GTBank sits in the tier-1 bank category, with typical clearing of 30–60 seconds for NIBSS instant transfers.
Open Monica, go to Bank Accounts, choose GTBank, enter your account number. Auto-verified in seconds.
From your external wallet, send USDT to your permanent Monica deposit address. Use the network shown beside the address.
Once on-chain confirmation lands, naira credits to your Monica balance at the live mid-market rate. 0% fee.
Tap Withdraw, choose your saved GTBank account, type the amount. NIBSS clears in 30–60 seconds.
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.
If a NIBSS transfer takes longer than 30–60 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.
If GTBank 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.
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"Verification took a few minutes and that was it. Smooth since — ETH to Opay, done."
"Used three other apps before this. Only Monica pays out instantly without surprise deductions."
30–60 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.
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.
Standard CBN limits apply. Higher limits available for verified business accounts — common for traders moving large USDT volumes for supplier payments.
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.
Yes. Both account types are supported. Business accounts at GTBank can request higher daily limits via Monica support.
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.
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.
Among the tier-1 commercial banks, GTBank clears in 30–60 seconds. Digital banks (Opay, Kuda, Moniepoint, Palmpay) are typically faster at 5-10 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 GTBank account, deposit crypto, withdraw naira in 30–60 seconds.
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