Convert USDT on any supported network and receive naira to your VBank account in 5–20 seconds.
Direct payout to VBank • 5–20 seconds typical clearing
VBank is VFD Microfinance Bank's digital app. Fast NIBSS clearing for Monica payouts. The flow on Monica is the same regardless of bank what differs is the timing on the bank side. VBank sits in the digital bank category, with typical clearing of 5–20 seconds for NIBSS instant transfers.
Open Monica, go to Bank Accounts, choose VBank, 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 VBank account, type the amount. NIBSS clears in 5–20 seconds.
Monica auto-verifies the account name when you add a VBank 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 5–20 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 VBank 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.
"My client abroad pays me in BTC. I cash out here and the rate is exactly what I see no hidden charges."
"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."
"Money no dey delay. That is all I want from a crypto app, and Monica delivers."
5–20 seconds typical clearing. VBank is VFD Microfinance Bank's digital app. Fast NIBSS clearing for Monica payouts.
No. Monica charges 0% on all bank withdrawals including VBank. The amount you see in the withdrawal screen is the amount that hits your VBank account.
₦5,000,000/day default. Higher limits available for verified business accounts common for traders moving large USDT volumes for supplier payments.
Yes. VBank processes NIBSS instant transfers 24/7 including weekends and public holidays. Sunday-night Monica withdrawals to VBank clear at the same speed as weekday withdrawals.
Yes. Both account types are supported. Business accounts at VBank can request higher daily limits via Monica support.
That's a VBank 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 VBank from the list, enter your account number. The system auto-verifies your account name. Save and use for future withdrawals.
Yes VBank is VFD Microfinance Bank's digital app. Fast NIBSS clearing for Monica payouts.
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 VBank account, deposit crypto, withdraw naira in 5–20 seconds.
Download Monica