The controls of a corporate account, without the corporate wait
Multi-user accounts with roles and approval limits, transaction rules you set yourself, payroll in one run, POS terminals and a virtual terminal that confirm customer payments as they land, and an API when you outgrow the app.
Built for the business that has outgrown one signatory
When the founder is no longer the only person who pays people, the account has to keep up.
Roles and approval limits
Add staff as initiators, approvers or viewers. Set single-transaction and daily caps per role, and require one or two approvals above a threshold.
Transaction rules
Block weekend payments, restrict transfers to business hours, or allow them only from the locations you register. Rules apply to every user.
Payroll and bulk payments
Upload a schedule once, approve once, and pay everyone in a single run with one reference. Failed items retry without re-approving the batch.
POS terminals
Accept Verve, Mastercard and Visa in-store. Settlement into your Viscount account, every terminal on one dashboard, and a new terminal requested in the app.
Virtual terminal
Customers pay by transfer to your virtual account, and the payment appears on your phone or on the web the moment it lands, with the payer's name and amount, so a cashier can confirm it and hand over the goods.
Developer API
Virtual accounts for collections, transfers, and webhooks for every credit, so your own software knows who paid before your accountant does.
Records your auditors accept
Stamped statements, an audit trail of who initiated and who approved every payment, and exports your accountant can load directly.
A relationship manager
A named person who knows your business, opens the account with you, and is the first call when something needs a human rather than a form.
Decide who can move money, how much, and when
The account enforces your policy so you don't have to. Every rule is set by an approver in the app or on internet banking, applies to everyone, and is recorded in the audit trail.
- Caps that holdA single-transaction cap, a daily cap, and a threshold above which a second approver is required.
- Time windowsBlock weekends, or allow payments only during the hours your finance team is at work.
- Allowed locationsRegister your office and branches. Payments initiated from anywhere else are held for an approver.
- Emergency overrideA genuine out-of-hours payment can be released by two approvers, with the reason recorded.
Take card payments in-store, settled into the same account
A Viscount POS terminal accepts Verve, Mastercard and Visa, chip and contactless. Takings settle into your business account, and every terminal, cashier and transaction is visible on one dashboard.
- All major schemesVerve, Mastercard and Visa, including contactless tap. Receipts by SMS or print.
- Same-day settlementCard takings land in your Viscount account the same day, itemised by terminal.
- One dashboard for every terminalSee takings by branch, terminal and cashier, spot a quiet till, and reconcile without a spreadsheet.
- Request and track in the appOrder a terminal for a new branch from the app and track delivery. Swap a faulty one the same way.
Confirm a transfer the moment it lands, on any phone or browser
Most Nigerian customers would rather pay by transfer than by card. The virtual terminal makes that as fast as a POS: the customer pays to your virtual account, the credit appears on the cashier's phone or the web dashboard the instant it settles, and the cashier confirms it against the sale. No hardware, no waiting for an alert, no showing a screenshot.
- Real-time, with the payer's nameEach credit shows the amount, the sender's name and bank and the time, as soon as the transfer settles. A sound and a banner mark every new payment.
- A login for every cashier, a view for every managerCashiers see and confirm payments; they cannot move money. Managers and approvers see every till, every branch and every confirmation on the web dashboard.
- One virtual account per till or branchGive each till its own account number and reconciliation does itself: every credit is already tagged to where it was taken.
- End-of-day, doneA daily summary per till and per branch, confirmed against unconfirmed, exportable for your accountant. Unconfirmed credits are flagged so nothing slips through.
- Settles into your account, like everything elseVirtual accounts sit under your business account. Money confirmed on the terminal is in your balance, under your rules and approvals, ready for payroll or a supplier.
Pay everyone on the 25th, in one run
Upload a schedule, or reuse last month's. An initiator prepares it, an approver signs it off, and every person on the list is paid with a single reference on your statement.
- Upload or reuseCSV or spreadsheet upload, or copy last month's run and edit the changes.
- Name-checked before it runsEvery account number is verified against the account name before approval, so a typo never pays the wrong person.
- Failed items retry on their ownIf a receiving bank is down, that item retries without the whole batch going back for approval.
From a registered business name to a limited company
Documents differ by the type of business. Our business team confirms exactly what applies to you, through the support portal, before you start.
| What you need | Business name (sole proprietor) | Limited company | Notes |
|---|---|---|---|
| CAC registration | Certificate of registration | Certificate of incorporation and status report | We verify against the CAC register |
| Signatories | BVN and ID of the proprietor | BVN and ID of every director and signatory | Each signatory completes the same KYC as a personal account |
| Board resolution | Not required | Naming the signatories and mandate | Template provided in the app |
| Proof of address | Utility bill or tenancy agreement | Utility bill or tenancy agreement | Not older than three months |
| Tax identification | TIN | TIN | Required by the CBN for all business accounts |
| Typical time to open | Same working day | One to two working days | Once documents are complete |
Additional documents may be requested for regulated sectors, NGOs, cooperatives and businesses with foreign directors. The full list is in the Business Banking help centre.
When the app isn't enough, there's the API
Businesses that collect from many customers or disburse from their own software can integrate directly. Virtual accounts per customer, transfers, and a webhook for every credit.
- Virtual accounts that reconcile themselves
- Transfers with idempotency keys, so a retry never pays twice
- Signed webhooks and a sandbox that behaves like production
// Create a virtual account for a customer POST /v1/virtual-accounts { "customer_ref": "INV-2026-0912", "display_name": "Lumen Advisory Ltd", "notify_url": "https://lumen.example/webhooks/viscount" } // Response { "account_number": "05112687712", "bank_name": "Viscount Microfinance Bank", "status": "active" }
Three steps, and a person on the other end
Business accounts are opened with a relationship manager, not a form that goes nowhere. Questions along the way go through the support portal, answered within minutes.
Tell us about the business
Type of business, expected volumes, how many users you need, and whether you want POS terminals or a virtual terminal for your tills. Ten minutes in the app.
Upload the documents
CAC documents, signatory IDs and proof of address, uploaded from your phone. We tell you the same day if anything is missing.
Set your controls and go
Your NUBAN is live. Add users, set caps and rules, order POS terminals, switch on the virtual terminal for your tills, and run your first payroll.
About business banking at Viscount
How many users can I add?+
What is the difference between the POS and the virtual terminal?+
Can a cashier using the virtual terminal move money?+
Which cards does the POS accept?+
Can I run payroll for staff who bank elsewhere?+
What if a payment needs to go out at the weekend and the rule blocks it?+
Can the business get credit?+
Give your business a bank account that keeps up
Roles, approvals, payroll, POS, a virtual terminal for transfer payments and an API, on one account with a relationship manager who knows your name.
