Grey.co Foreign Bank Account Provider

Are high bank fees eating into your international payments? A Grey.co foreign bank account makes it easy to receive money from clients worldwide at lower costs and with no registration fees. With Grey.co, freelancers, remote workers, and businesses can send and receive payments seamlessly without hidden charges.

This guide explains how to set up your Grey.co foreign bank account, manage global transactions, and take advantage of Grey.co’s key features to simplify international banking. Let’s get started!

What Is a Grey.co Foreign Bank Account?

If you often work with international clients, a Grey.co foreign bank account can make getting paid a lot easier. Formerly known as Aboki Africa, Grey.co is a fintech platform co-founded by Idorenyin Obong and Femi Aghedo, built to help Africans receive money in foreign currencies without the usual hassle.

With your Grey.co foreign bank account, you’ll get an international account number that lets you receive and send payments across borders seamlessly. You can also convert your foreign earnings to your local currency at competitive rates — all from one simple, secure dashboard. It’s fast, convenient, and made for freelancers, remote workers, and entrepreneurs like you.

Features Of the Grey.co Foreign Bank Account

If you open a grey.co foreign bank account, you’ll unlock a suite of robust features designed for global payments and smooth cross-border banking. Here’s what you’ll get:

• Fully digital signup with no account-opening or maintenance fees — you can get started in minutes.
• A real international bank account number (IBAN or similar) in USD, EUR, or GBP so you can receive payments just like a local in those currencies.
• Instant currency conversion and withdrawal: you can receive funds in a foreign currency and convert them to your local currency when you’re ready, at competitive rates and with transparency.
• Really fast and low-cost global transfers: you can send USD to over 170 countries directly from your account.
• Virtual debit-card support for online shopping, subscriptions, and spending globally.
• Multi-currency balances and growing currency support (USD, EUR, GBP, NGN + others) so you can manage funds across regions.
• Real-time transaction notifications, invoice generation, account statements and anti-fraud protections built in.

How to Get Started With a Grey.co Foreign Bank Account

Looking to use a Grey.co foreign bank account for your international transactions? Here’s a quick guide on how to open your account for free and start receiving payments globally. Follow these simple steps to set up your account and get started.

• Download the Grey app on Google Play Store or App Store.

• Click on “Create your free account.”

Select your “Country” and click “Continue.”

Fill in your “Basic Information” and click “Continue.”

“Create a password” and click “Next.”

Enter the “OTP” sent to your email account to verify your email.

You have successfully created a Grey Account.

 Make sure to complete your “KYC” verification to be able to make transactions.

How to Send Money With A Grey Account

You can send money with your Grey bank account in two ways. Either through your Grey tag or a new recipient.

• Log in to your Grey account.

• Click on the “Balance” you want to send from.
• Click on “Send.”
• Choose either to send with “GreyTag” or “New recipient.”
• If you are sending to a “New recipient”, switch to the recipient’s currency
• Input the “Amount and Banking information.”
• Make sure to specify if you’re sending to an individual or a corporate account in the “Recipient type.”
• Click on “Continue.”
• “Verify” and “Confirm” your transaction.

If your recipient uses Grey.co, you can make use of your GreyTag to send money.

How To Withdraw Payments From Grey Foreign Account.

There are two ways in which you can withdraw from your Grey foreign bank account.

1. You can decide to convert your foreign currencies to your local currency before withdrawing it to your local bank for a fee.
2. You can directly transfer your foreign funds to your local account from your USD account or any foreign account (GBP and EUR). When doing this, a flat fee of 0.5% would be charged

What Users are Saying About Grey.co Foreign Bank Account

I looked through user feedback on Google Play Store and Trustpilot to see what customers are saying about the Grey.co foreign bank account.

Review 1 – Smooth Transactions and Great Rates

“Receiving and sending money across borders is made easy with Grey. I’m especially happy with their fair exchange rates and quick transfers.”
— Trustpilot User, October 2025

Highlight: Fast transactions and good conversion rates make Grey ideal for freelancers and international payments.

Review 2 – Simple and Reliable

“Grey is reliable and trusted. My first withdrawal was instant, and the process was very straightforward.”
— Google Play Store Reviewer, 2025

Highlight: Instant withdrawals and ease of use stand out as key benefits for everyday users.

Review 3 – Great App but Slightly High Charges

“The app is great for business. Payments to my local bank are fast, but I wish the transfer fees were a bit lower.”
— Trustpilot User, 2025

Highlight: Users love the speed and functionality, though some mention slightly higher fees.

Overall, reviews show that the Grey.co foreign bank account delivers on speed, reliability, and ease of use—though users would appreciate even lower transaction fees.

Conclusion

The Grey.co foreign bank account offers a simple and efficient way to send and receive international payments. With its user-friendly interface, multi-currency support, and competitive exchange rates, it’s a solid choice for anyone managing cross-border transactions.

While Grey.co performs well in speed and convenience, some users say its customer support needs improvement. Even so, the platform’s ability to let you open multiple virtual foreign accounts and receive payments in USD, EUR, or GBP makes it especially valuable for freelancers, remote workers, and business owners.

If you’re looking for a reliable way to manage global payments, the Grey.co foreign bank account offers everything you need for seamless international transactions.

Frequently Asked Questions