Convert USDT on any supported network and receive naira to your Premium Trust account in 60–120 seconds.
Direct payout to Premium Trust • 60–120 seconds typical clearing
Premium Trust Bank clears Monica payouts via NIBSS. The flow on Monica is the same regardless of bank what differs is the timing on the bank side. Premium Trust sits in the tier-2 bank category, with typical clearing of 60–120 seconds for NIBSS instant transfers.
Open Monica, go to Bank Accounts, choose Premium Trust, 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 onchain confirmation lands, naira credits to your Monica balance at the live mid-market rate. 0% fee.
Tap Withdraw, choose your saved Premium Trust account, type the amount. NIBSS clears in 60–120 seconds.
Monica auto-verifies the account name when you add a Premium Trust 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 60–120 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 Premium Trust 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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60–120 seconds typical clearing. Premium Trust Bank clears Monica payouts via NIBSS.
No. Monica charges 0% on all bank withdrawals including Premium Trust. The amount you see in the withdrawal screen is the amount that hits your Premium Trust account.
Standard CBN limits apply. Higher limits available for verified business accounts common for traders moving large USDT volumes for supplier payments.
Yes. Premium Trust processes NIBSS instant transfers 24/7 including weekends and public holidays. Sunday-night Monica withdrawals to Premium Trust clear at the same speed as weekday withdrawals.
Yes. Both account types are supported. Business accounts at Premium Trust can request higher daily limits via Monica support.
That's a Premium Trust 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 Premium Trust 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, Premium Trust clears in 60–120 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 Premium Trust account, deposit crypto, withdraw naira in 60–120 seconds.
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