Balances in seven currencies
Hold money where you'll spend it. Convert only when the rate suits you.
NewDirect cedi to shilling payouts are live
Pay across Africa and the world
Pay across Africa and the world
in seconds, not days
One business account for NGN, GHS, KES, ZAR, USD, GBP and EUR. Pay suppliers, run payroll and collect from customers in 38 corridors, at the mid-market rate you see before you send.
Rated 4.8 out of 5 by 1,200 finance teams
USD to NGN, live
1,328.09
Lock it for 24 hours
Mombasa Cold ChainNGN to KES₦25,000,000KSh 2,432,418
- Locked
- Screened
- Sent
- Settled
Settled in 38s
Payroll sent140 people in NGN, GHS and KES
Moving money for 2,400 businesses in 14 countries
- Savanna Air
- Adire&Co
- Northgate
- kente labs
- Bluecrest
- Lumen Freight
See exactly what arrives
Every quote starts from the mid-market rate. Lock it, and that's the rate that lands, with no second margin taken at the other end.
With Montra
About 40 seconds
Fee ₦100,000
Typical bank wire
2 to 4 business days
Fees and margin ₦928,000
You keep ₦0 more on this payment.
One account for every currency you touch
Hold, convert and pay out in seven currencies without opening a bank account in every country you trade with.
Lock a rate for 24 hours
Quote your customer today and pay your supplier tomorrow, at the same rate.
USD to NGN
1,328.09
18:42:07 left
Local account details
Get paid like a local in Lagos, London and New York.
Pay 400 suppliers in one go
Upload a spreadsheet. Montra checks every row, then pays each supplier in their own currency.
march-suppliers.csv0 of 412
- Ikeja Packaging Ltd₦4,120,000Queued
Tema Port HaulageGH₵38,400Queued- Mombasa Cold ChainKSh912,500Queued
Every payment screened before it leaves
Sanctions, fraud and business checks run in the background, so legitimate payments aren't held up.
- Business verifiedMar 2
- Recipient matches bank record0.4s
- Sanctions and watchlists clear0.8s
- Waiting for second approver
Kemi
Reconciles itself
Payments, fees and FX gains post to your ledger with the invoice attached.
Xero ledger
Also syncs with
Built for businesses that trade across borders
Whether you import stock, sell across the continent or pay a team in three countries, Montra handles the currency side.
Supplier paid in USD$48,200 from your NGN balance, 52s
Pay overseas suppliers before the ship leaves port
Convert naira, cedi or shillings to dollars, pounds or euros at a locked rate and pay the same day. No pre-funding a week early to beat SWIFT.
- 24-hour rate locks for pro-forma invoices
- Pay in USD, GBP and EUR from local balances
- Proof of payment you can forward to the supplier
Collected from 3 countriesSettled into one GBP balance today
Sell across the continent, get paid like a local
Give customers local account details in Nigeria, the UK and the US. Payments arrive in your Montra balance, labelled with who paid and for what.
- Local collection details in minutes
- Automatic matching to orders and invoices
- Settle sellers on your marketplace by API
Rate locked for raw materialsEUR to NGN, valid 24 hours
Protect your margins from currency swings
Buy raw materials in euros, sell in naira and shillings. See your exposure by currency and convert when the rate works for you, not when the bank opens.
- Exposure view across every currency you hold
- Rate alerts when a pair hits your target
- Approval rules for large conversions
Payroll approved140 people, 3 currencies, one upload
Pay your team in their own currency, on time
Run payroll for staff and contractors across Lagos, Accra and Nairobi from one spreadsheet. Everyone gets paid in local currency the same morning.
- One file for every country and currency
- Two-person approval before anything is sent
- Payslip-ready reports for your accountant
From sign-up to first payment in four steps
Most businesses are verified within one working day.
-
1
Verify your business
Upload your registration and director IDs. Anything else we need comes in one message, not five.
-
2
Add money
Send a local transfer to your Montra account details in naira, pounds or dollars. It shows up in seconds.
-
3
Convert and pay
Pay one recipient or four hundred. Approval rules stop anything over your limit leaving without a second sign-off.
-
4
Close the books
Every payment syncs to your accounting software with the rate, fee and invoice attached.
Your whole treasury on one screen
See what you hold, what's going out and what you've saved on FX, across every entity and currency.
Or skip the dashboard and call the API
Pay out from your own product with the same rails, rates and checks, behind one endpoint.
- Sandbox that behaves like production. Test failures, holds and returns before you go live.
- Webhooks for every state change. Created, screened, sent, settled, returned.
- Idempotent by default. Retry safely without paying anyone twice.
payouts.tswebhook.json
const payout = await montra.payouts.create({
source_amount: 25_000_000,
source_currency: "NGN",
target_currency: "KES",
recipient: "rcp_8sK2mombasacold",
lock: "24h",
reference: "INV-2291 March stock",
});
// webhook: payout.settled
{
"status": "settled",
"target_amount": 2_432_418.31,
"rate": 0.097687,
"settled_in_ms": 38_412
}- Moved for customers in 2026
- $2.4B
- Median time to settle
- 41s
- Currency corridors
- 38
Finance teams who stopped waiting on wires
Supplier payments7 days early same day
We used to pre-fund our Nairobi warehouse a week early to cover SWIFT delays. Now we pay the morning the stock arrives, and the rate on the invoice is the rate we pay.
Payroll runA weekend one upload
Payroll for 140 people across Lagos, Accra and Nairobi is one upload on the 25th. It used to be two banks, three spreadsheets and a lost weekend.
FX cost on imports3.6% 0.4%
Our UK customers pay into a sort code and our suppliers in Tema get cedis an hour later. Nobody on the team has to think about currency any more.
Month-end close4 days 1 day
Every payment lands in Xero with the rate and invoice attached. Our auditors stopped asking for bank letters to prove what we paid and when.
Your money is safeguarded, never lent out
Customer funds sit in segregated accounts at regulated banks in each currency's home market, separate from Montra's own money.
How we protect your money- Safeguarded fundsHeld 1:1 in segregated accounts
- Every payment screenedSanctions and fraud checks in under a second
- Two-person approvalsSet limits by amount, currency or recipient
- Passkeys and encryptionEncrypted in transit and at rest
How can a payment settle in seconds?
We hold pre-funded balances with licensed partners in each market, so a payment from Lagos to Nairobi is two local transfers on instant rails rather than one slow international wire through correspondent banks.
What do you need to verify my business?
Your company registration, proof of address, and ID for each director and anyone owning 25% or more. Most businesses are approved within one working day.
Where is my money held?
Customer funds are kept separate from Montra's own money, in safeguarded accounts at regulated banks in each currency's home market. We never lend them out.
Which countries can I pay into?
Nigeria, Ghana, Kenya, South Africa, Uganda, Tanzania, Rwanda, Côte d'Ivoire, Senegal, Egypt, the UK, the eurozone, the US and the UAE, across 38 currency pairs.
What does a conversion cost?
You pay the mid-market rate plus a single fee shown before you send: 0.6% on Starter, 0.4% on Growth and volume pricing on Enterprise. There's no charge to receive money.
How does a 24-hour rate lock work?
Lock today's rate on any pair and use it for payments over the next 24 hours, up to the amount you locked. If you don't use it, the lock simply expires with no charge.
Can I require two people to approve payments?
Yes. Set approval rules by amount, currency or recipient, and nothing above your limit leaves without a second sign-off from someone you choose.
Does Montra work with my accounting software?
Montra syncs with Xero, QuickBooks, Sage and Zoho Books. Each payment posts with the invoice, the rate used and any fees or FX gains, ready to reconcile.
What happens if a payment is returned?
The money comes back to the balance it was sent from, in the original currency, at the rate you paid. You'll see the reason the recipient's bank gave.
Are there monthly fees?
Starter is free. Growth is $149 a month, or $124 a month billed yearly, and adds rate locks, bulk payouts, approvals and accounting sync.