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Receiving USD deposits 💵

All you need to know about USD deposits

Written by Tosin

How can I receive USD into my Cleva account?

You can fund your USD account using four options:

ACH Transfer

  • Swift and affordable.

  • Commonly used by platforms like PayPal, Upwork, and Payoneer.

  • Usually takes 1–3 business days.

Wire Transfer

  • Faster than ACH.

  • Only supported by U.S. banks.

  • Within 1- 2 business days.

FedNow

  • Faster than ACH and Wire transfer

  • Only supported by U.S. banks

  • Within seconds or minutes

Stable Coins

  • Faster than ACH and wire transfers (funds arrive instantly)

  • 1 USD = 1 USDT (value is always pegged to the U.S. dollar)

  • Supported networks:

    • USDT (TRON – TRC20)

    • USDT (Ethereum – ERC20)

    • USDC (Solana)

⚠️ Please note: SWIFT Transfers (from non-U.S. banks) are not currently supported.

For more details on deposit fees, visit our pricing page at: Cleva Pricing Page

Try out our calculator. See what the fee would be depending on the amount and type of deposit received.

FedNow transfers are not impacted by weekends or public holidays 🗓️✨

How do I convert from Naira to USD?

  • Launch the Cleva app

  • Tap ‘’Add Funds’’

  • Select ‘’from conversion’’

  • Enter the amount you want to convert

  • Tap “Continue” and follow the prompts to complete the process

How do I view my account details?

  • Launch your Cleva app.

  • Tap “Add Funds.”

  • Your USD account details will appear (for ACH, FedNow, or Wire Transfers).

Please see the pictures below for more clarity! 👇

What’s my daily deposit limit?

  • Your limit depends on the type of deposit you receive. To check your current limit:

    • Log in to the Cleva app

    • Tap “Settings”

    • Tap "Transaction Limits"

    • Your account limits will be displayed​

⚠️What countries are restricted for deposits?

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