{"id":48256,"date":"2026-07-13T09:01:34","date_gmt":"2026-07-13T09:01:34","guid":{"rendered":"https:\/\/www.worldfirst.com\/af\/?post_type=docs&#038;p=48256"},"modified":"2026-07-13T09:01:38","modified_gmt":"2026-07-13T09:01:38","slug":"ngn-virtual-account","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/af\/help-center\/receiving-payments\/ngn-virtual-account\/","title":{"rendered":"What is an NGN Virtual Account and how do I open one?"},"content":{"rendered":"\n<div class=\"wp-block-columns has-background is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\" style=\"background-color:#8dd2fc3b\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>\u26a0\ufe0f IMPORTANT: FCMB Bank Account Number Update<\/strong><\/p>\n\n\n\n<p id=\"uc10635b2\"><strong>Effective from 9 July 2026<\/strong>, FCMB Bank account users must use their <strong>NEW<\/strong> account numbers for all Virtual Account transactions.<\/p>\n\n\n\n<p><strong>Critical Information:<\/strong><\/p>\n\n\n\n<p id=\"u15482ebb\">If you previously used FCMB Bank, please note that any <strong>account numbers registered before 9 July 2026<\/strong> are no longer active for receiving payments. Please login into your portal to sign up for your new Virtual Account verify your new account number.<\/p>\n\n\n\n<ul>\n<li>Any transactions sent to FCMB account numbers registered before 9 July 2026, <strong>will not be processed.<\/strong><\/li>\n\n\n\n<li><strong>Refunds<\/strong> for transactions to old account numbers require manual intervention<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Merchants must raise a ticket with Merchant Services (seaclients@service.worldfirst.com)<\/li>\n\n\n\n<li>Refund processing time: Estimated 10 business days<\/li>\n\n\n\n<li>No guarantee of full refund amount <strong>(bank charges may apply)<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>Action Required:<\/strong><\/p>\n\n\n\n<p id=\"ub9be71a6\">\u2705 Update your payment details immediately with your new FCMB account number<\/p>\n\n\n\n<p id=\"u723f153a\">\u2705 Update any automated payment systems or recurring transfers<\/p>\n\n\n\n<p id=\"ue5f2c2c5\">\u2705 Verify your new account number in the Collection dashboard<\/p>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479.webp\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"386\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-1024x386.webp\" alt=\"\" class=\"wp-image-48270\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-1024x386.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-300x113.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-768x289.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-1536x579.webp 1536w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479-360x136.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162423479.webp 1619w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2><span style=\"font-size: 24px;\">What is a Virtual Account (VA)?<\/span><\/h2>\n\n\n\n<p id=\"uf87f9c0a\">The VA enables clients to receive local currency payments through a dedicated local bank account.<\/p>\n\n\n\n<h3><span style=\"font-size: 20px;\">How can I identify my VA Account Number?<\/span><\/h3>\n\n\n\n<p id=\"u40d7ba39\">Account number : 9113708052 (example)<\/p>\n\n\n\n<p id=\"ue0573656\">This is the unique account identifier used for local currency transfers.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">Available Banks for your Virtual Accounts<\/span><\/h3>\n\n\n\n<p id=\"uc4f2801e\">WorldFirst supports Virtual Accounts with the following banks:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Bank Name<\/td><td>Status<\/td><\/tr><tr><td>FCMB Bank<\/td><td>\u2705 Updated &#8211; New account numbers in effect<\/td><\/tr><tr><td>Wema Bank<\/td><td>\u2705 Active<\/td><\/tr><tr><td>Globus Bank<\/td><td>\u2705 Active<\/td><\/tr><tr><td>Optimus Bank<\/td><td>\u2705 Active<\/td><\/tr><tr><td>Fidelity Bank<\/td><td>\u2705 Active<\/td><\/tr><tr><td>Parallex Bank<\/td><td>\u2705 Active<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">Recommended banks by Business Type<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Business Type<\/strong><\/td><td><strong>Recommended Bank<\/strong><\/td><\/tr><tr><td>Freelancer<\/td><td>Wema<\/td><\/tr><tr><td>E-commerce Seller<\/td><td>Wema<\/td><\/tr><tr><td>Digital Agency<\/td><td>Wema<\/td><\/tr><tr><td>SME Importer<\/td><td>FCMB<\/td><\/tr><tr><td>Trading Company<\/td><td>FCMB \/ Fidelity<\/td><\/tr><tr><td>Large Importer<\/td><td>Fidelity<\/td><\/tr><tr><td>High-Volume Merchant<\/td><td>Fidelity<\/td><\/tr><tr><td>Corporate \/ Enterprise<\/td><td>Fidelity<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">Recommended banks by Transaction Value<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Transaction Value<\/strong><\/td><td><strong>Recommended Bank<\/strong><\/td><\/tr><tr><td>&lt;50M NGN (40k USD)<\/td><td>Wema<\/td><\/tr><tr><td>50M NGN (40k USD) &#8211; 100M (80k USD)<\/td><td>Fidelity<\/td><\/tr><tr><td>&gt;100M NGN (80k USD)<\/td><td>FCMB<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2><span style=\"font-size: 24px;\">How to Open an VA Receiving Account<\/span><\/h2>\n\n\n\n<p>Step 1: Access Collection Dashboard<\/p>\n\n\n\n<p id=\"ud2d90b62\">1. Log in to your World Account dashboard<\/p>\n\n\n\n<p id=\"u3a6120c6\">2. Navigate to the &#8220;Collection&#8221; tab<\/p>\n\n\n\n<p id=\"u97c6b8b3\">3. Click on &#8220;Manage Accounts&#8221;<\/p>\n\n\n\n<p id=\"ub2450ef9\">4. Select &#8220;Add a New Receiving Account&#8221;<\/p>\n\n\n\n<div style=\"height:5px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Step 2: Select Currency and Bank<\/p>\n\n\n\n<p id=\"uf9c29793\">1. Choose <strong>NGN <\/strong>as your currency<\/p>\n\n\n\n<p id=\"udef61dc0\">2. Select your desired bank from the dropdown:<\/p>\n\n\n\n<h3><span style=\"font-size: 20px;\">1. Wema Bank<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162551873.webp\"><img decoding=\"async\" width=\"765\" height=\"733\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162551873.webp\" alt=\"\" class=\"wp-image-48271\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162551873.webp 765w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162551873-300x287.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162551873-360x345.webp 360w\" sizes=\"(max-width: 765px) 100vw, 765px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484.webp\"><img decoding=\"async\" width=\"1024\" height=\"980\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484-1024x980.webp\" alt=\"\" class=\"wp-image-48272\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484-1024x980.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484-300x287.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484-768x735.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484-360x345.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162601484.webp 1270w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">2. Fidelity Bank<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"764\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114.webp\" alt=\"\" class=\"wp-image-48273\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114.webp 785w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114-300x292.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114-768x747.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162632114-360x350.webp 360w\" sizes=\"(max-width: 785px) 100vw, 785px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"993\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-1024x993.webp\" alt=\"\" class=\"wp-image-48274\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-1024x993.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-300x291.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-768x745.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-1536x1490.webp 1536w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817-360x349.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162710817.webp 1540w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">3. FCMB<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"789\" height=\"762\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136.webp\" alt=\"\" class=\"wp-image-48275\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136.webp 789w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136-300x290.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136-768x742.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162743136-360x348.webp 360w\" sizes=\"(max-width: 789px) 100vw, 789px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"984\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601-1024x984.webp\" alt=\"\" class=\"wp-image-48276\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601-1024x984.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601-300x288.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601-768x738.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601-360x346.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162825601.webp 1530w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">4. Optimus Bank<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162915556.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"730\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162915556.webp\" alt=\"\" class=\"wp-image-48277\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162915556.webp 756w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162915556-300x290.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713162915556-360x348.webp 360w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"993\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951-1024x993.webp\" alt=\"\" class=\"wp-image-48283\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951-1024x993.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951-300x291.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951-768x745.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951-360x349.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163918951.webp 1244w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">5. Globus Bank<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"796\" height=\"761\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671.webp\" alt=\"\" class=\"wp-image-48282\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671.webp 796w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671-300x287.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671-768x734.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163858671-360x344.webp 360w\" sizes=\"(max-width: 796px) 100vw, 796px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"976\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-1024x976.webp\" alt=\"\" class=\"wp-image-48281\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-1024x976.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-300x286.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-768x732.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-1536x1465.webp 1536w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334-360x343.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163400334.webp 1552w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3><span style=\"font-size: 20px;\">6. Parallex Bank<\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"781\" height=\"763\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207.webp\" alt=\"\" class=\"wp-image-48280\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207.webp 781w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207-300x293.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207-768x750.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163350207-360x352.webp 360w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"985\" src=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134-1024x985.webp\" alt=\"\" class=\"wp-image-48279\" style=\"width:700px;box-shadow: 1px 1px 3px 3px #EEEEEE;\" title=\"\" srcset=\"https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134-1024x985.webp 1024w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134-300x289.webp 300w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134-768x739.webp 768w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134-360x346.webp 360w, https:\/\/mdn.marmot-cloud.com\/worldfirst\/sites\/49\/2026\/07\/20260713163341134.webp 1532w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2><span style=\"font-size: 24px;\">What are the payment networks I can use with my VA?<\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Payment Network Name<\/td><td>Transaction Threshold<\/td><td>Payment Network Details<\/td><td>Recommendation<\/td><\/tr><tr><td>NIP Transfer<\/td><td>100 million NGN (80K USD)<\/td><td>Instant transfer <br>Most commonly used by customers<\/td><td>Recommended method for daily collections.<\/td><\/tr><tr><td>Etranzact Network<\/td><td>Maximum: 200 million NGN (160k USD)<\/td><td>Real-time local payment network <br>Supports higher transaction amounts<\/td><td><\/td><\/tr><tr><td>NEFT Transfer<\/td><td>Above 100 million NGN (above 80k USD)<\/td><td>Batch processing <br>Not instant <br>May require 0\u20131 working day<\/td><td>Recommended for large transactions.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2><span style=\"font-size: 24px;\">Disclaimer<\/span><\/h2>\n\n\n\n<p id=\"u50ac6095\">This document is provided for general informational and operational reference purposes only. It does not constitute an offer, solicitation, marketing, or invitation to provide regulated services in any jurisdiction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u26a0\ufe0f IMPORTANT: FCMB Bank Account Number Update Effective from 9 July 2026, FCMB Bank account users must use their NEW account numbers for all Virtual Account transactions. Critical Information: If you previously used FCMB Bank, please note that any account numbers registered before 9 July 2026 are no longer active for receiving payments. Please login [&hellip;]<\/p>\n","protected":false},"author":74,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"doc_category":[23],"doc_tag":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is an NGN Virtual Account and how do I open one? | WorldFirst AF<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.worldfirst.com\/af\/help-center\/receiving-payments\/ngn-virtual-account\/\" \/>\n<meta property=\"og:locale\" content=\"en_NG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is an NGN Virtual Account and how do I open one?\" \/>\n<meta property=\"og:description\" content=\"\u26a0\ufe0f IMPORTANT: FCMB Bank Account Number Update Effective from 9 July 2026, FCMB Bank account users must use their NEW account numbers for all Virtual Account transactions. 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