1
Register on Raiz
Set up your commercial profile to access business liquidity.
Manheim Invoices
Pay Manheim. Before the deadline passes.
Convert Naira to USD and settle your Manheim wholesale vehicle invoices within minutes. Retain your dealer rating without the FX headache.
9,300+
Businesses Served
98%
On-Time Delivery
Licensed
Customs Broker
Copart
& IAAI Partner
The Challenges
Settle Wholesale Invoices Instantly
01
Fast settlement is mandatory
Manheim's strict payment guidelines require prompt settlement of wholesale units to prevent late-settlement fees.
02
Traditional wires are volatile
With standard bank transfers, you risk market price-locking windows, subjecting you to daily fluctuating conversion rates.
03
Dealer standing risk
Late payments risk the Dealer login profile, limiting access to major US-based wholesale dealer auctions.
Process
Easy Manheim Integration
2
Link Manheim ID
Provide your Manheim Dealer ID to auto-validate incoming invoices.
3
Convert in-App
Review the FX quote and convert local NGN to exact USD figures.
4
Instant Settlement
Raiz pays Manheim direct on the same day, keeping your account active.
Comparison
Engineered for Professional Importers
| Dimension | Banks & Manual Agents | Raiz Finance |
|---|---|---|
| Settlement Speed | 2 – 4 business days | Same-day (within 2 hours) |
| Deadline Risk | High; late fees ($30+) common | Zero; automatic on-time guarantee |
| Platform Coverage | Limited; wires rejected often | All major US / UK / UAE auctions |
| Documentation | Heavy; manual SWIFT copies | Clean digital receipts mapped instantly |
| Reference Matching | Manual match; prone to errors | Auto-linked Dealer ID & invoice numbers |
| Rate Transparency | Hidden fees; inflated FX margins | Real-time mid-market rates |
Critical Manheim Payment Reference Tip
Make sure to include your Manheim Dealer ID and the wholesale invoice number in the payment memo. Failure to include these in your Raiz portal checkout may delay settlement and trigger auction house late fees.
More Platforms
Pay other US auction platforms
FAQ
Frequently Asked Questions
How fast does Raiz settle payments with Manheim?
Most Manheim settlements clear the same day — typically within 2 hours of authorization — so your dealer account is funded before wholesale 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 Manheim wholesale invoices in dollars without hunting for informal FX.
What happens if a payment is rejected by the auction?
If Manheim rejects a payment (for example, a mismatched Dealer ID or invoice number), 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 Manheim.
Ready To Import
Never miss a Manheim payment deadline again.
Secure same-day dollar payments and maintain premium dealer status.