Payouts

Send money to any bank, in seconds

Transfer to any Nigerian bank account from one dashboard. Single transfers or batch of hundreds, approval workflows built in, every transfer settled and recorded in real time.

  • Settles in seconds
  • Batch of hundreds
  • Approval workflows

Free to open · No monthly fee · Pay per transfer

Money out

Today

Sent today

₦4,235,500

142 transfers

Vendor Supply Co.

₦450,000

Done

Staff Payroll

₦1,200,000

Sent

Ikeja Electric

₦85,500

Done

Office Rent

₦2,500,000

Done

₦450,000 to Vendor Supply Co., settled in 2 sec

Why it matters

Sending money should not be a process

A bank portal for each account, manual entry from a list, no approval unless you build one, and a spreadsheet to track who was paid. That is the usual way. Niimbu replaces all four with one screen.

Settles in seconds, not hours

Every transfer goes through NIP, the same rail your bank uses. The money arrives in the recipient's account while you are still on the screen. There is no batch window, no cut-off time and no manual release.

One or one hundred, same process

A single transfer to a vendor and a batch of two hundred salary payments follow the same path. Upload a CSV or enter them one by one. The approval rules, the audit trail and the speed are identical.

Every transfer leaves a record

Who was paid, from which account, under whose approval, at what time. The detail is attached to the transfer itself, not sitting in a separate spreadsheet someone has to find later.

How it works

From recipient to settled, in four steps

01

Choose the recipients

Pick from your saved recipients or add a new one. Their bank, account number and name are verified before the first naira moves.

02

Enter the amounts

A single transfer or a batch from a CSV. Each line can carry a reference, a budget category and a note, so the recipient and your books both know what it was for.

03

Approve if needed

Payments below your threshold go through instantly. Those above it route to the approver or approvers you set, in the order you set.

04

Settled and recorded

The transfer settles via NIP in seconds, posts to your ledger against the right budget, and appears in the recipient's history on both sides.

Batch transfers

A CSV, a few clicks and two hundred people are paid

Payroll runs, vendor settlements and supplier payments often arrive as a spreadsheet of names and numbers. Uploading it should not require a developer or a three-day turnaround.

  • Upload a CSV or paste from a spreadsheet
  • Validation catches errors before any money moves
  • Each transfer carries its own reference and category

Batch payout

142 recipients

Batch total

COMPLETE

₦4,235,500

Vendor Supply Co.

VND-001

₦450,000

Done

Staff Payroll

SAL-024

₦1,200,000

Sent

Ikeja Electric

UTL-008

₦85,500

Done

Office Rent

REN-001

₦2,500,000

Scheduled

Uploaded from CSV · All transfers settled via NIP

Approval workflows

Every payment qualifies before it goes out

Set a threshold. Payments below it go through instantly. Those above it route to the people you designate, in the order you set. Nobody can override the rule, not even an admin.

  • Single or multi-step approval chains
  • Thresholds by amount, by category or by recipient
  • Full audit trail of who approved and when
See spend controls

Money out

Today

Sent today

₦4,235,500

142 transfers

Vendor Supply Co.

₦450,000

Done

Staff Payroll

₦1,200,000

Sent

Ikeja Electric

₦85,500

Done

Office Rent

₦2,500,000

Done

₦450,000 to Vendor Supply Co., settled in 2 sec

The difference

What changes when payouts live in the system

The usual way

  • Logging into a bank portal for each transfer
  • Manually entering account numbers from a list
  • No approval workflow unless you build one yourself
  • Transfers identified by reading bank narrations
  • A separate spreadsheet to track who was paid and when

With Niimbu

  • One dashboard for every bank and every transfer
  • Recipient names verified before the money moves
  • Built-in approval chains, thresholds and audit trail
  • Each transfer carries its own reference and category
  • Transfer history with status, approver and timestamp
Everything included

The payout details that real businesses need

No add-on modules and no higher tier to unlock the basics. These are part of payouts from the first day you open an account.

Single transfers

Send money to one recipient in seconds, with the recipient's name verified before you confirm.

Batch payouts

Upload a CSV of hundreds of transfers, validate them in preview and send in one click.

Scheduled transfers

Set a date for a payment to go out automatically, for rent, retainers or recurring vendor settlements.

Recipient verification

Account numbers are validated against the bank's records before the first transfer, so money never goes to the wrong account.

Budget categorisation

Each transfer carries a category that flows into your books, so the ledger updates without a manual entry.

Real-time status

Sent, processing, settled. The status updates as the transfer moves through NIP, so you always know where the money is.

Multi-bank support

Fund transfers from any of the bank accounts connected to your Niimbu account.

Transfer references

Each transfer carries a unique reference the recipient can match on their statement.

Full audit trail

Who initiated, who approved, when it settled. Every detail attached to the transfer itself.

The idea behind it

Money leaving should be as easy to see as money arriving.

Most businesses can say what came in today. Far fewer can say what went out, to whom, approved by whom. Paying from one place makes that answer a screen rather than an investigation.

Pricing

Pay per transfer, not per seat

There is no charge for sending, approving or recording, however many transfers you make. The fee applies when money moves, and adding staff never changes the price.

  • No monthly platform fee
  • Volume rates as transfer count grows
  • No charge for extra users
See pricing
Questions

Frequently asked questions

If your question is not here, the Help Centre goes deeper, or you can talk to someone on the team.

How quickly do transfers settle?

Most transfers settle in under three seconds through NIP, the same real-time rail your bank uses. The recipient sees the money in their account almost immediately after you confirm.

Can I send money to any bank in Nigeria?

Yes. Payouts work to every commercial bank and most microfinance banks in Nigeria. The recipient's account number is validated against the bank's records before the transfer is sent, so money never goes to a wrong account.

How do batch payouts work?

Upload a CSV with recipient account numbers, bank codes and amounts. Niimbu validates every line in preview, flagging errors before any money moves. Once you approve, the batch sends in one click and each transfer settles individually.

Can I set up approval workflows?

Yes. You set a threshold. Payments below it go through instantly. Payments above it route to the approver or approvers you designate. The payment does not move until every required approval is in place, and the full approval chain is recorded on the transfer.

What does a payout cost?

There is no monthly platform fee and no charge for opening an account. You pay a small fee per transfer, with lower rates as volume grows. Adding staff members does not change the price.

Can I schedule transfers for a future date?

Yes. Any transfer can be scheduled to go out on a specific date. Scheduled transfers follow the same approval rules and settle on the date you set, without anyone needing to remember to click send.

Does every transfer show up in my books?

Yes. Each transfer posts against the budget category, the recipient and the staff member it belongs to, and flows through to bookkeeping without a manual entry. The transfer history is searchable and filterable by date, recipient, category and status.

Keep exploring

The rest of Pay

Paying out works best when every channel shares one balance, one approval flow and one audit trail. Each of these feeds the same account and spend record.

See the full picture

The simpler way to scale your business!

Start free and see it working today, or talk to us about pricing for teams and higher volumes.