A Nigerian Naira bank account allows you to receive Naira locally. Follow these steps to receive payments using your NGN account.
Open an NGN account
First, you’ll need to open a Nigerian Naira bank account on VertoFX. If you haven’t please follow the following steps listed here to open your account.
Locate your account details
To locate your NGN account details, select local account, your NGN wallet and visit the bank account details page.
Provide your account details
Once your NGN account is open, you will need to provide your account details to the person or entity that will be sending you payments. This will typically include:
Account Name - Verto (Your registered name with Verto)
Account Number - typically 10 digit
Bank Name - Providus
In some cases a sort code or CBN code is required this is 101 for Providus bank. If branch and area codes are required it is 101152022
Note: please make sure you send the correct details as payments sent to the wrong account are irreversible.
Receive payments
Once you have provided your account details, you should be able to receive payments into your NGN account. NGN payments typically arrive in under 30 minutes.