1
Create Account
Open your Raiz Business profile in minutes with standard regulatory compliance.
ACV Detail
Pay ACV Auctions. Before the deadline passes.
Settle your ACV purchase in USD, straight from your Raiz wallet. Fast, secure, and hassle-free.
9,300+
Businesses Served
98%
On-Time Delivery
Licensed
Customs Broker
Copart
& IAAI Partner
The Challenges
Avoid ACV Bidding Traps
01
Online dealer auctions move fast
ACV timelines are tight. Late settlements impact dealer ratings and put your next buys at risk.
02
Bank processing cannot keep up
Bank wires take 2–3 days, while ACV often requires 24–48 hour settlement after you win.
03
Delays put your purchase at risk
Missed deadlines risk order cancellation and forfeiture of deposits you already paid.
Process
Four Steps to Seamless Import
2
Add ACV Auctions as Beneficiary
Save ACV Auctions as an approved beneficiary with your dealer account details.
3
Fund & Convert
Deposit Naira securely, monitor real-time quotes, and convert instantly to USD.
4
Pay & Confirm
Authorize same-day payment and receive a verified digital receipt for your ACV invoice.
Comparison
Built for dealers who buy on tight timelines.
| Dimension | Banks & Manual Agents | Raiz Finance |
|---|---|---|
| Settlement Speed | 3 – 5 business days | Same-day (within 2 hours) |
| Deadline Risk | High; late fees common | Zero; automatic on-time guarantee |
| Platform Coverage | Limited; wires rejected often | All major US / UK / UAE auctions |
| Documentation | Messy; manual SWIFT copies | Clean digital receipts mapped instantly |
| Reference Matching | Manual match; prone to errors | Auto-linked Buyer & Lot numbers |
| Rate Transparency | Hidden fees; inflated FX margins | Real-time mid-market rates |
Critical ACV Auctions Payment Reference Tip
Include your Dealer Account Number and VIN in the checkout reference field. Missing these identifiers can delay matching and trigger auction house late fees.
More Platforms
Pay other US auction platforms
FAQ
Frequently Asked Questions
How fast does Raiz settle payments with ACV Auctions?
Most ACV Auctions settlements clear the same day — typically within 2 hours of authorization — so your account is funded before auction payment deadlines.
Can I pay with Nigerian Naira?
Yes. Deposit NGN from your Nigerian bank, convert to USD in-app at a transparent mid-market rate, and settle ACV Auctions invoices in dollars without hunting for informal FX.
What happens if a payment is rejected by the auction?
If ACV Auctions rejects a payment (for example, a mismatched Dealer Account Number or VIN), our team helps you correct the reference and resubmit. Unspent USD can stay in your balance for the next invoice or convert back to Naira.
Are there any hidden international wire fees?
No. You see the FX rate and fee before you confirm. There are no informal agent markups or surprise correspondent-bank deductions on the path we use to settle ACV Auctions.
Ready To Import
Start Paying ACV
Settle your ACV wholesale vehicle invoices within minutes. Retain your dealer rating without FX stress.