Best business dollar accounts in Nigeria, compared

Five providers will give a CAC-registered Nigerian company dollar account details it can put on an invoice: Grey Business, Daya Business, Verto, Juicyway and Payoneer. Daya Business gives details in the company's name in dollars, pounds and euros, all three live, against Grey Business where only dollars are live.

Choosing between them is harder than it should be, because most of the prices you'll find online are the wrong ones. Grey keeps a separate fee schedule for business accounts that differs from the consumer page everybody quotes. Verto serves American prices at its main pricing address. Payoneer changed the rule behind its annual fee in February and named Nigeria in it. Every figure below came off each provider's own current pages, read on 13 October 2026.

Which providers give a Nigerian business dollar account details?

Grey Business, Daya Business, Verto, Juicyway and Payoneer all give a registered Nigerian company dollar account details of its own. They split on three things that decide whether the account is any use to you: how many currencies you can hold, whether the details sit in your company's legal name, and how you can pay the money out again.

Verto covers the most currencies, with local accounts in six. Daya Business covers dollars, pounds and euros, and is one of only two here that states on its own page that the details are in your business's name. Grey Business has the widest payout network but only dollars are live today.

One thing to take off that table and sit with. Juicyway holds USDT and USDC but doesn't name a single network anywhere on its site, so you can't tell before signing up whether your client's TRC20 transfer will arrive. Verto issues some dollar details on a Danish IBAN, and says so, which matters because a few foreign payers' systems reject an IBAN that doesn't match the currency.

What does each provider charge to receive dollars and convert them to naira?

Grey Business charges a flat $2 to receive by ACH or FedNow and a flat $15 by Fedwire, with 0.5% to convert dollars to naira. Verto charges 0.5% to receive, falling to 0.2% above $200,000 a month on its top plan. Payoneer charges 1% with a $1 minimum. Juicyway publishes one number for its whole product. Here are the four published schedules in full:

• Grey Business: $2 flat by ACH, $2 flat by FedNow, $15 flat by Fedwire. Receiving USDC on BNB Chain or Solana is free, and 0.8% capped at $10 on other chains. Conversion to naira is 0.5% on its business schedule, with no cap shown. Paying out to a Nigerian bank costs ₦50. Nothing to open the account and no monthly charge.
• Verto: 0.5% to receive a non-naira payment on the free plan, with no cap. Naira collections are free. Monthly plans are $0, $15 and $35 for a Nigerian company. A SWIFT payment out costs $25. Converting to naira has no published price, because Verto never says whether the naira sits in its 0.4% to 0.6% developed-market band or its 0.4% to 2% exotic band.
• Payoneer: free to receive in your local currency, but Nigeria has no naira receiving account, so a Nigerian company's dollar account is a non-local one and the published 1% with a $1 minimum applies. Withdrawing to a Nigerian bank runs 1.2% to 4%. A card payer costs up to 3.99% plus $0.49.
• Juicyway: no receiving fee, conversion fee or monthly fee appears anywhere on its site. The only figure it publishes is ₦50 of stamp duty on a naira payout, and that's on a landing page aimed at American freelancers.

Two of those four are worth checking before you commit, and both are covered below: Grey's business prices differ from the consumer page everybody quotes, and Verto shows you a different price depending on which of its pricing pages you land on. Either way, the number to get in writing is the conversion rate on your own volume, because that's the one that scales with the money you actually move.

Why is Grey Business cheaper than Grey's own fee page says?

Grey runs two separate help centres, and the business one at business-support.grey.co carries prices that differ from the consumer fee page almost line by line. Receiving by ACH is a flat $2 for a business against 0.8% capped at $10 for an individual. A Fedwire deposit is $15 against $20. Converting dollars to naira is 0.5% against 1%.

The business schedule was updated on 12 October 2026, the day before this piece. The consumer page carries three dates that disagree with each other, so it's the weaker source for a business even where the two agree. Grey's own comparison article, and every round-up currently ranking for this query, prices Grey off the consumer page.

Read that table for direction, not just size. Receiving is cheaper on the business schedule and paying out to a naira account is dearer. The conversion line flips depending on how much you move: 0.5% with no cap beats 1% capped at $6 on small conversions, and loses on anything above roughly $1,200 in one go, where the consumer cap stops the bill growing. Grey's business table shows no cap at all, and its own FAQ on the same page says 1% rather than the 0.5% in its table, so the capped figure's application to a business account is the one thing here worth putting to Grey in writing before you budget on it.

The last row is the one that would change a decision. Grey Business's schedule has no outbound SWIFT line, while the consumer schedule prices one at $25. On Grey's published business pricing you can receive an American wire and you can't send one, so a company paying a supplier outside the United States needs to check that before it moves its payments across.

Which of these accounts can actually receive an international wire?

Verto, Payoneer and Juicyway all state in their own words that their accounts receive an international wire. Grey Business shows it only as a line item, a $15 Fedwire deposit, which is an American domestic wire rather than a SWIFT transfer from somewhere else. That distinction decides whether a client banking in Germany or the UAE can pay you at all.

What each one says, in its own words:

• Verto: "If you have International details, it means you can receive into the account via SWIFT", on a help page dated 11 September 2026. Its business-accounts page adds that the global account "lets you receive secure business payments from clients worldwide via the SWIFT network", and Nigeria is on its list of countries you can receive from.
• Payoneer: "Accept payments via SWIFT wire in 19 key currencies". Worth knowing that its own guide to wire transfers lists dollars as the only SWIFT currency in a table while naming six in the text, so confirm your client's currency before you send them the details.
• Juicyway: "Real bank accounts can receive wires, bank transfers, ACH" on its business page, though the page about collecting payments never mentions a wire at all.
• Grey Business: a $15 Fedwire receiving fee on its schedule, and no description of inbound wires in prose anywhere.

If one of your clients will only pay by international wire, that's the question to settle with the provider in writing before you open anything, because it's the one thing on this list that stops a payment dead rather than just making it more expensive.

Where does Daya Business fit?

Daya Business suits a CAC-registered company that invoices in more than one currency and wants the account details to carry its own name. It gives account details in the business's name for dollars, pounds and euros, holds all three, and pays out by bank transfer, wire, ACH or on-chain in USDT and USDC.

On currency coverage that puts it ahead of Grey Business, where dollars are live and pounds and euros are still a waitlist, and behind Verto, which runs local accounts in six currencies including the naira. Where Daya Business is clearly stronger than both is the combination of three live currencies with on-chain payouts: Verto has no on-chain rail at all, and Grey Business carries USDC but not USDT.

Where it isn't the pick. Daya Business has no team cards yet, so a company that needs cards for staff spending today should look at Verto or Grey Business, both of which issue them. And if your business collects in Kenyan shillings or rand as well, Verto is the only one here with local accounts in those. Opening a Daya Business account takes CAC registration and business verification, which is the same bar every provider on this page applies to a company account.

Why does Verto show a Nigerian business the wrong price?

Verto serves an American pricing page at verto.co/pricing, and it says so: "Valid for US companies only." The Nigerian prices live at a separate address, verto.co/pricing/nigeria, and four lines disagree. A Nigerian company reading the main page sees $25 and $50 monthly plans instead of $15 and $35, and $20 for a SWIFT payment instead of $25.

The receiving fee differs too, and not in your favour. The American page opens at 0.3% and the Nigerian one at 0.5%. There's a third reading on Verto's global-account page, which shows the American monthly prices on a page with no country attached and claims "No setup fees, monthly fees, or hidden fees" right beside the plan prices. So check you're on the Nigeria address before you compare Verto with anything.

Does Payoneer still charge a Nigerian business an annual fee?

Yes, and the rule changed in February 2026. Payoneer charges $29.95 a year if your account receives less than $6,000 in any twelve consecutive months, and its help centre names Nigeria in the table of countries that rule applies to, effective 23 February 2026. The threshold used to be $2,000.

The older trigger, where the fee applied if twelve months passed without a single transaction, now sits in an "Other" row and not against Nigeria. One loose end remains on Payoneer's own pages: one article says you must receive "more than" $6,000 and another says "at least" $6,000, so whether exactly $6,000 clears the bar isn't settled. If your company receives less than $500 a month on average, budget for the fee.

Can a Nigerian company use Wise Business?

Wise never says, in either direction. Its own help page on where you can hold money lists 80 countries and territories, and Nigeria isn't one of them. Its page on which businesses can use Wise Business names Brazil and the United Kingdom specifically and never mentions Nigeria, and tells you to find out by entering your business details at sign-up.

So the honest position is that Wise publishes no answer for a Nigerian company, and none of its three relevant help pages carries a last-updated date. Several round-ups list Wise as an option for Nigerian businesses without mentioning that Nigeria is absent from Wise's own list. If you want to know, the only reliable route is to start the sign-up and see what Wise tells you.

Which business dollar account should you choose?

It depends on which part of the job you care about most, and the honest answer is different for each. Match your situation to the list below rather than looking for a single winner, because no provider on this page wins on every line.

• You invoice in dollars, pounds and euros and want the details in your company's name: Daya Business or Verto. Both state it; Grey Business doesn't, and only dollars are live there.
• A client will only pay by international wire: Verto or Payoneer, both of which say in their own words that they receive a SWIFT transfer.
• You need to pay a supplier outside the United States by wire: not Grey Business on its published business schedule, which has no outbound SWIFT line. Verto prices one at $25.
• You also collect naira, Kenyan shillings or rand: Verto, the only one here with local accounts in those currencies.
• You pay contractors on-chain in USDT as well as USDC: Daya Business, which carries both, where Grey Business carries USDC only.
• You need cards for staff spending today: Verto or Grey Business, which charges $5 to create a card and $1 to load it.
• You want the cheapest American receiving fee you can check in advance: Grey Business at a flat $2 by ACH, on its business schedule rather than its consumer one.

Whichever way you go, do one thing before you move your receivables: get the provider's answer in writing on inbound wires and on the conversion rate it will apply to your volume. Those two lines are worth more to a business moving real money than any monthly plan price on this page.

Paying the money out again is a separate question with its own answer, and the forms that still apply to an import haven't gone away.