Issuing Overview

Mono issuing

Instantly issue Bank accounts, Virtual Naira accounts and Virtual USD/Naira cards to your customers. We've done the hard work of partnering with the major financial institutions in Nigeria to instantly make it easy for you to start issuing.

1350

Virtual account coverage

  • GTbank
  • Providus
  • Fidelity

Virtual cards coverage

  • Naira (Mastercard)
  • USD (Visa)

Bank account coverage

  • Safe Haven MFB

Pricing

a. Virtual account

Account TypeCreation FeeInward Transfer FeeOutward Transfer FeeAccount to an Account Fee
DepositNGN 00.6%, capped at 1,000NGN 20 per transfer, VAT inclusiveNGN 20 VAT inclusive
CollectionNGN 00.76% + NGN12, capped at 1,000Not available for collectionNot available for collection

b. Virtual USD cards created after August 23rd, 6 pm.

CurrencyCreation FeeFunding FeeMonthly FeeMinimum FundingMax Funding At A TimeMax Card Balance
USD$ 0.8 per card$ 1.5 per funding$ 2.5 per active card$10$10,000$10,000
NGNNGN 50FreeNGN 100NGN 100NGN 1MNGN 1M