A Virtual Account is a digital payment method through an account that is created virtually for each Alero.Africa customer. To make or receive payments, customers will be referred to their own Virtual Accounts. Like traditional accounts, a Virtual Account consists of a unique customer ID number.

A virtual account is a digital version of a traditional bank account. It allows you to store and manage money without having to physically open an account at a bank or other financial institution. With an Alero.Africa virtual account, you can send and receive payments, make purchases online, perform Currency Swap, and transfer funds securely with ease. You can also use it to store funds for later use . Virtual accounts are becoming increasingly popular as they offer convenience and flexibility that traditional banking accounts cannot provide.

Alero.Africa Virtual accounts provide individuals and businesses with a secure and cost-effective way to manage their finances. They are an ideal solution for people and companies that need to make regular  payments in foreign currencies. They allow customers to convert/swap funds in USD,GBP, EUR and Naira while keeping track of all transactions in one place.  Our virtual accounts can help businesses save money on the high cost of exchange by allowing them to source FX  from our marketplace directly from their accounts.

The Alero.Africa virtual accounts have the highest grade of bank security and encryption against hackers.  we also layered your profile with 2-factor authentications to secure your transactions. 

Depending on the transaction type a fee may apply, but we will always let you know

Our Virtual accounts can be used by small businesses, freelancers, online retailers, and even large corporations. They provide a convenient way for companies to manage their finances without having to worry about paperwork or long wait times. Virtual accounts also make it easier for companies to track expenses and payments in real time and in one place.

With Alero.Africa virtual accounts, users have the ability to access their funds from anywhere in the world, and they can also use their virtual accounts to make payments and transfer money.
There may be restrictions on Countries or business types that our partners allow us to serve. If you are a business, please check our exclusion list 

You can set up and manage an Alero.Africa virtual account in minutes.  All you need to do is provide basic information such as your name, address, and contact details. Once you have done that, you will be able to access all the features of your virtual account including making payments, transferring money, checking balances, and more.

You can set up and manage an Alero.Africa virtual account in minutes.  All you need to do is provide basic information such as your name, address, and contact details. Once you have done that, you will be able to access all the features of your virtual account including making payments, transferring money, checking balances, and more.