Last month, Bisi finished a design project for a client in Toronto and sent her invoice. The reply came back in minutes: “Great work. What are your USD account details?”
She didn’t have any. For about an hour she scrolled through options she half-remembered, a cousin abroad, a friend who “knows someone at a bank,” a form that asked for documents she didn’t have. None of it sounded quick, and her client wanted to pay that day.
If you’ve been in Bisi’s position, there’s a simpler route. With Divest, you can create a USD account from your phone in a few steps, with no bank visit and no need to be based abroad. This guide walks through every step of creating a USD account on Divest Private Banking, explains what you’ll need, and answers the questions people ask most. Ready to follow along? Download Divest first and keep it open.
What Is a USD Account on Divest?
A USD account on Divest is a dollar account inside your Divest app, with its own account details, that lets you receive US dollars from clients, employers, platforms, or family abroad. You can keep the dollars as they are, convert them to naira or another currency, or send them onward.
Divest Private Banking brings this into a smoother experience, and it sits alongside the rest of your Divest balances: USD, GBP, EUR, and NGN accounts in one place.
Key Terms to Know
- USD account: An account that holds US dollars, so you can receive and keep dollars without converting them first.
- Account details: The set of numbers and information a sender needs to pay you. On Divest, your details are dedicated to you, not pooled with other users.
- KYC (Know Your Customer): The identity verification step that financial apps are required to complete before they open accounts. It protects you and the platform.
- Multi-currency account: One app or account structure that holds more than one currency. On Divest, that means USD, GBP, EUR, and NGN.
- Wire transfer: A direct bank-to-bank payment, often used for larger or business payments from abroad.
- Conversion rate: The price at which one currency is swapped for another. Divest shows the rate before you confirm a conversion.
Why Create a USD Account on Divest?
Opening a dollar account the traditional way has usually meant being physically present at a bank, bringing paperwork, and waiting. Divest changes the shape of that process.
| Traditional route | Divest | |
| Where it happens | Bank branch or abroad | Your phone |
| Paperwork | Often heavy | KYC in the app |
| Need to be in the US | Often yes | No |
| Other currencies | Separate accounts | GBP, EUR and NGN in the same app |
| Converting to naira | Separate step, rate not always shown | Rate shown before you confirm |
| Your account details | Varies | Dedicated to you, not pooled |
Here is what that adds up to for freelancers, remote workers, business owners, and families:
- You collect payments yourself. No more borrowing someone else’s account, or giving up a cut of your own money.
- One app for several currencies. Receive in dollars, hold pounds or euros, and convert to naira when it suits you.
- A rate you see first. Divest uses transparent, rate-based pricing, with no separate fees buried in the transfer.
- Speed. Transfers move same-day or within minutes, not days.
- Reach. You can send to South Africa, Ghana, Kenya, and soon 20+ countries across the world.
What You’ll Need Before You Start
Having these ready makes the process quicker:
- A smartphone (Android or iOS)
- The Divest app, downloaded from here
- A Divest account you can log in to
- A valid ID for KYC, if you haven’t verified yet
- Your personal details to confirm or enter when asked
How to Create a USD Account on Divest Divest Private Banking
Follow these steps in the app. The whole process is designed to happen on your phone, in minutes.
Step 1: Open Divest
Launch the app and log in to your Divest account. If you don’t have the app yet, download Divest and sign up first.
Step 2: Navigate to USD Account
From the home screen, select the USD account option.
Step 3: Start Account Creation
Select the option to create your USD account.
Step 4: Complete Your KYC
If you haven’t completed KYC, follow the on-screen instructions to verify your identity. This step is required before your account can be created, and it only needs to be done once. Have your ID ready so it goes smoothly.
Step 5: Provide the Required Details
Enter or confirm any additional information the app asks for. Check each field carefully, since accurate details help avoid delays.
Step 6: Submit Your Application
Review everything you’ve entered, then submit your application to create your USD account.
Step 7: View Your Account Details
Once your account is successfully created, open it to see your USD account details.
Your USD account is ready. Keep your account details handy for when you’re ready to receive dollars.
What to Do After Your USD Account Is Created
Creating the account is the first step. Here’s how to use it well.
- Share Your Details With the Right People
Send your account details to clients, employers, or family when you’re ready to be paid. Double-check them before sharing, and only send them to people you trust.
- Receive Dollars From Different Sources
Divest users have received payments from freelance platforms such as Upwork and Payoneer, as well as direct wires from banks. If a client asks how to pay you, your Divest USD account details are what they need.
- Convert When It Makes Sense
You don’t have to convert right away. Hold your dollars if you want to, or convert to naira when you need to spend. The rate is shown before you confirm, so you know what you’ll get.
- Withdraw to Where You Need It
Once your money is converted, you can withdraw to local bank accounts and mobile money in Nigeria, Ghana, Kenya, and South Africa.
- Add Other Currencies
Your Divest account also supports GBP and EUR accounts, so if you earn in pounds or euros too, you can manage everything from the same app.
Who Benefits Most From a USD Account on Divest?
- Freelancers and remote workers paid by clients abroad
- Business owners who pay or get paid across borders
- Students receiving upkeep and fees from family overseas
- Families and the diaspora sending and receiving support
- IJGBs (I Just Got Back) spending at home from foreign savings, without losing money to bad exchange rates
- Anyone saving in dollars to protect against naira swings
Tips for a Smooth Setup
- Do your KYC early. Verifying before you need the account avoids delays when a payment is due.
- Use matching details. Make sure the name and details you enter match your ID.
- Keep your app updated. Updates improve the experience and fix issues.
- Share account details carefully. Only with people who are paying you.
- Test with a small amount first. If you’re nervous, send or receive a small amount to see how it works.
FAQs
What is a USD account on Divest?
It’s a dollar account inside your Divest app, with account details of its own, that lets you receive US dollars from anywhere and manage them from your phone.
Do I need to be in the US to open one?
No. You can create a USD account from your phone without being based in the US and without visiting a physical bank.
How long does it take to create a USD account?
The steps themselves are quick, and the process is designed to take minutes. If you still need to complete KYC, the time depends on your verification, so it’s best to do it early.
Do I need to complete KYC?
Yes. If you haven’t already, the app will guide you through it. KYC is required to comply with regulations and protect your funds.
What details will I need to provide?
You’ll be asked to enter or confirm information such as your personal details, along with your ID for KYC. The app tells you exactly what’s needed.
Where do I find my USD account details?
Once your account is created, open it in the app to view your USD account details.
Are my account details unique to me?
Yes. Divest provides dedicated account details, not pooled with other users.
Can I receive money from Upwork or Payoneer?
Divest users have received payments from platforms like Upwork and Payoneer, and the account also works for direct wires from banks.
Can I also get GBP and EUR accounts?
Yes. Divest supports USD, GBP, EUR, and NGN accounts in one place.
Can I convert my dollars to naira?
Yes. You can convert to naira, and the rate is shown before you confirm.
Where can I withdraw my money?
You can withdraw to local bank accounts and mobile money in Nigeria, Ghana, Kenya, and South Africa.
How fast are transfers and withdrawals?
Transfers move same-day or within minutes, not days. Exact timing can vary by method and country.
Can I send dollars to other countries?
Yes. You can send to 20+ countries, including South Africa, Ghana, Kenya, China, the UK, the US, and Europe.
What if my KYC isn’t approved?
Check that your ID and details are clear and match, then try again. If it still doesn’t go through, contact Divest support through the app or at [email protected].
Is the Divest app available on both Android and iPhone?
Yes. You can find it on Google Play and the App Store, or use the download link.
Create Your USD Account on Divest Today
Bisi opened her account that same afternoon, shared her details with her client, and was paid before the day ended. You don’t have to chase a cousin or a bank branch to do the same. Download Divest, follow the seven steps above, and have your USD account ready when your next payment comes in. You can also learn more at usedivest.com.
Divest lets you hold, send, and receive money across borders without ever stepping into a bank. Open a multi-currency account in Naira, Dollars, Pounds, or Euros, convert between them, and pay out to 20+ countries, all from your phone, at rates that beat what your bank quotes you.
Why Divest?
- No bank visit, no paperwork, the entire process happens on your smartphone
- Multi-currency account: hold and fund USD, GBP, EUR, and NGN in one place
- Send to South Africa, Ghana, Kenya,and soon 20+ countries, including
- Transfers move same-day or within minutes, not days
- Transparent, rate-based pricing, no separate fees buried in the transfer
- Dedicated account details, not pooled with other users
- 300k+ users and counting
Follow Divest on socials @usedivest for product updates, new features, and anything else worth knowing between posts like this one.