How to Use Grey.co for International Payments and Dollar Withdrawals in Africa

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How to Use Grey.co for International Payments and Dollar Withdrawals in Africa | TrustShopping.store

How to Use Grey.co for International Payments and Dollar Withdrawals in Africa

Discover how to open virtual USD, GBP, and EUR accounts with Grey, receive funds from global clients, and withdraw easily to your local bank — by TrustShopping.store

Grey.co is revolutionizing how Africans handle international payments. With Grey, you can open foreign bank accounts in USD, GBP, or EUR — perfect for receiving payments from platforms like PayPal, Fiverr, Upwork, and Amazon. This guide walks you through the setup, usage, and withdrawal process step by step.

Why Choose Grey.co?

  • Instant virtual foreign accounts (USD, GBP, and EUR).
  • Fast currency conversion and local withdrawals.
  • Supports PayPal withdrawals in supported regions.
  • Simple, mobile-first experience.
  • Regulated and secure fintech platform in Africa.
Grey helps freelancers, businesses, and remote workers in Africa access global payments without traditional banking delays.

Step 1 — Create Your Grey Account

  1. Visit Grey.co or download the mobile app.
  2. Click “Create Account.”
  3. Enter your legal name, email, and strong password.
  4. Verify your email address to activate your account.
Tip: Use your legal name as it appears on your government-issued ID. This ensures your KYC verification goes smoothly later.

Step 2 — Complete KYC Verification

Before you can receive payments or withdraw funds, Grey requires verification for compliance and security:

  • Upload a valid ID (passport, national ID, or driver’s license).
  • Provide proof of address (utility bill or bank statement).
  • Take a clear selfie for identity verification.

Verification typically takes less than 24 hours once all documents are approved.

Step 3 — Generate Your Foreign Accounts

Once verified, you can create virtual accounts in multiple currencies:

  1. Login to your dashboard.
  2. Go to Accounts → Create Account.
  3. Select your desired currency (USD, GBP, or EUR).
  4. Your account number, bank name, and routing code will appear instantly.
For USD, Grey provides U.S.-based accounts suitable for PayPal, Wise, or Stripe deposits.

Step 4 — Receive International Payments

Share your virtual bank details with clients or platforms. Funds sent to your Grey account appear once the transaction clears — usually within 1–3 business days depending on the source.

Supported Platforms

  • PayPal (for verified users)
  • Fiverr and Upwork
  • Remote job payments
  • Affiliate networks
  • Amazon or eCommerce payouts

Step 5 — Convert and Withdraw

Grey makes it easy to convert your received foreign currency to Naira or any supported local currency:

  1. Go to your Dashboard → Convert section.
  2. Select source currency and destination currency.
  3. View exchange rate and confirm the transaction.
  4. Withdraw funds to your linked local bank account instantly.
Pro Tip: Grey offers some of the best real-time exchange rates compared to traditional banks or informal exchangers.

Step 6 — Link to PayPal or Other Fintech Platforms

If PayPal supports linking foreign accounts in your country, you can add your Grey virtual account in the Wallet → Link a Bank section of PayPal. Ensure the account name matches your PayPal name exactly to avoid rejection.

Alternatively, Grey can act as a bridge: receive from PayPal via connected services or exchangers and withdraw through your verified Grey account safely.

Fees & Exchange Rates

  • Account creation: Free.
  • Receiving payments: Free (sender may pay small fees).
  • Currency conversion: Based on daily FX rate — transparent in the app.
  • Withdrawal: Typically instant to Nigerian banks.
Grey combines speed, transparency, and security — ideal for remote workers and freelancers across Africa.

Safety and Security Tips

  • Enable two-factor authentication (2FA) in your Grey account.
  • Only share your account details with verified clients.
  • Keep screenshots and receipts of transactions for record keeping.

Final Thoughts

Grey has become one of the leading African fintechs for cross-border payments, bridging the gap between Africa and the global financial system. Whether you’re receiving from PayPal, Upwork, or any global platform, Grey makes it smooth and transparent.

For more tutorials on PayPal, Payoneer, and fintech growth tips, visit TrustShopping.store — your reliable source for verified financial guidance.

© TrustShopping.store — Financial Freedom for the Digital Age.
Visit TrustShopping.store for more global fintech guides.

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