Frequently asked
Questions people are right to ask.
The questions a careful buyer asks, answered with what the system does.
10 questions.
Money across borders
Getting money in, and getting it back out.
The parts that depend on Nigerian banking rather than on us.
What is an NRBVN, and why do you need it?
A Non-Resident Bank Verification Number is the Nigerian banking system’s identity for someone living abroad. Your property account and your payouts need it to be in your name. Enrolment is done by a third party, so the onboarding saves your place while you wait.
NRBVN verification usually completes in three to ten working days. NRBVN enrolment is charged at $50 by the platform operator, not by us.
What is a CCI?
A Certificate of Capital Importation records money you bring into Nigeria. Every inflow you send us carries a CCI reference. It is what lets you take the proceeds back out later.
A Certificate of Capital Importation is issued by the receiving bank within two working days of the funds landing.
How do I get the money out of Nigeria legally?
Every inflow you send carries a Certificate of Capital Importation reference. Payouts convert at the bank’s rate on the day, with no markup, and the rate and the moment it was captured are printed on the transfer. Payouts are in USD, GBP and CAD, to the account you verified.
The people you already trust
Your brother, your agent, and where they fit.
We are not asking you to replace anybody. We are asking you to stop needing to take their word for it.
Can my family see the ledger?
Yes. A family viewer can read the ledger and change nothing. Keep your brother; give him read-only.
Why not just use my brother, or my agent?
Because you cannot audit him, and asking to is an insult. A ledger neither of us can edit ends the question. Keep your brother; give him read-only access to it.
When it goes wrong
The three questions a suspicious reader asks first.
A bad title, a dishonest manager, a company that folds.
What if you cheat me?
Every line has a receipt reference and every correction is a visible reversal. The ledger is hash-chained, so if a row is altered your statement will not generate. The bank account is your property’s; the money is never pooled with ours or anyone else’s.
And every night at 04:00 we reconcile the ledger against the bank’s statement and show you the result.
What if the title is bad?
Then we tell you, and you don’t buy it. Verification is a title search, a survey, a physical inspection and seller checks. We have said no to 29% of the properties we have checked: 6 of 21.
The verification fee is the same whether we approve or reject.
What happens if you go out of business?
The bank account is in your property’s name. The ledger and every document export in full, in formats an accountant can open. Nothing about your ownership depends on us existing.
What it costs
The price list, and the fee people argue about.
Read from the schedule that posts fees to your ledger.
What does it cost?
It is on the pricing page, in one table, with a worked example.
22% of gross short-let income, 12% of long-tenancy rent, 5% on acquisition, 8% build supervision. No charge on idle balances, no FX markup, no exit fee.
Do you charge for verification if you reject the property?
Yes, the same fee either way.
Still not answered
Ask it about an address.
Five short questions, saved as you answer.