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Multi-Currency Conversions on Prestmit

This article explains all you need to know about multi-currency conversions on Prestmit.

Updated over 2 weeks ago

Multicurrency conversion allows you to convert funds between Naira (NGN), Cedi (GHS) and USD wallets on your Prestmit account - all within the app, at competitive real-time rates, with no extra fees.

Supported Conversions

You can convert between all supported currencies, including:

  • Naira (NGN) ↔ Cedi (GHS)

  • Cedi (GHS) ↔ USD

  • USD ↔ Naira (NGN)

This means you have full flexibility to move funds across currencies as needed.

How It Works

  1. Navigate to your 'Wallets'

  2. Select the wallet you want to convert from

  3. Select 'Convert'

  4. Choose your target currency wallet

  5. Enter the amount you want to convert

  6. Input your transaction pin

  7. Review the rate and confirm the transaction

Your funds will be converted instantly and reflected in your selected wallet.

Why would I use this?

  • You received a payout in Naira but would prefer to hold it in USD or Cedes (or vice versa)

  • You want to move funds to Cedi for a local withdrawal in Ghana

  • Any other reason that may arise in the course of your transaction.

If you have any questions about conversions or exchange rates, our support team is available 24/7 to assist you.

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