Direct Bitcoin-to-UBA payout via Monica. Under 60 seconds typical clearing, 0% conversion fee.
United Bank for Africa serves Monica withdrawals across all 36 states. Reliable clearing, occasionally slightly slower than GTBank or Zenith. The flow on Monica is the same for every bank. What differs is the timing on the bank side. UBA sits in the tier 1 bank category, with typical clearing of within 60 seconds of the network confirming for NIBSS instant transfers.
Open Monica, go to Bank Accounts, choose UBA, 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 UBA account, type the amount. NIBSS clears within 60 seconds of the network confirming.
Monica auto-verifies the account name when you add a UBA 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 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 UBA 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 bank transfers are reversed to your Monica balance automatically. No support tickets needed for the standard failure modes.
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Under 60 seconds typical clearing. United Bank for Africa serves Monica withdrawals across all 36 states. Reliable clearing, occasionally slightly slower than GTBank or Zenith.
No. Monica charges 0% on all bank withdrawals including UBA. The amount you see in the withdrawal screen is the amount that hits your UBA account.
Standard CBN limits apply. Higher limits available for verified business accounts common for traders moving large USDT volumes for supplier payments.
Yes. UBA processes NIBSS instant transfers 24/7 including weekends and public holidays. Sunday-night Monica withdrawals to UBA clear at the same speed as weekday withdrawals.
Yes. Both account types are supported. Business accounts at UBA can request higher daily limits via Monica support.
That's a UBA 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 UBA 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, UBA clears within 60 seconds of the network confirming. Digital banks (Opay, Kuda, Moniepoint, Palmpay) are typically faster at 5 to 10 seconds.
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.
Add your UBA account, deposit crypto, withdraw naira within 60 seconds of the network confirming.
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