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Pursible

Features and how it works

Verify once, unlock more as you go

Pursible uses three verification tiers. Each tier asks for a little more about you and unlocks more of the app. You can see your current tier, and exactly what the next one needs, in the app at any time.

Verification tiers

  1. Tier 1

    Naira and stablecoins

    What you'll need

    • Your name, date of birth, email and home address
    • Your phone number, confirmed with a one-time code
    • Your BVN or your NIN, verified electronically
    • An automatic watchlist screening

    What it unlocks

    • Your own NGN account number to receive transfers
    • NGN withdrawals to your bank account
    • Stablecoin (USDC and USDT) deposits
    • Stablecoin conversions to naira at a rate locked before you confirm

  2. Tier 2

    Crypto withdrawals

    What you'll need

    • Everything in Tier 1
    • Both your BVN and your NIN, verified electronically
    • A government-issued photo ID that matches your BVN or NIN record
    • A live selfie that matches your ID record
    • Sanctions and politically exposed person screening, with no match

    What it unlocks

    • Everything in Tier 1
    • Crypto withdrawals to external wallets

  3. Tier 3

    Your USD account

    What you'll need

    • Everything in Tier 2
    • Proof of address less than 3 months old, renewed periodically
    • Your occupation, source of funds, what you will use the USD account for, and how much you expect to receive each month
    • An up-to-date anti-money-laundering screening, with no match
    • Approval from our USD account provider

    What it unlocks

    • Everything in Tier 2
    • A USD account

Each tier has its own transaction and balance limits. The current limits for your tier are shown in the app before you transact, and may change as required by our partners or the law. Some checks may need a manual review, which can take longer.

How it works

Receive, convert, withdraw

  1. Step 1: Receive

    Share your NGN account number. Transfers from any Nigerian bank arrive in your Pursible naira balance.

  2. Step 2: Convert

    Pick an amount. We show the rate and the exact amount you will get, and hold that rate for a short time while you confirm.

  3. Step 3: Withdraw

    Send naira to a bank account in your own name. Every withdrawal needs your transaction PIN.

Fees

Any fee is shown in the app before you confirm a transaction, together with the exact amount you will receive. Nothing is charged without being shown to you first. See our Terms of Use.

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