How to Open Domiciliary Account in Nigeria Guidelines

block;width:300px;height:250px" data-ad-client="ca-pub-6421572098224086" data-ad-slot="3363741150">

How to Open Domiciliary Account in Nigeria Guidelines

Domiciliary Account in Nigeria… Do you wish to open a domiciliary account for foreign transactions, if yes follow this proven guide.

How to Open Domiciliary Account in Nigeria Guidelines

Afterward domiciliary account is one that enables you gain access to raw physical foreign currency e.g (Dollars, Euro, Pounds etc.). There are many reasons why you should own a domiciliary account.

search

  • latest How to open a domiciliary account in GTBANK
  • How to open a domiciliary account first bank
  • How to send money to a domiciliary account
  • Domiciliary account in Nigeria – how it works
  • How to open ECOBank domiciliary account
  • How to open a  zenith bank domiciliary account
  • Diamond bank domiciliary account
  • How to open a UBA domiciliary account
  • How to open Fidelity bank domiciliary account

Furthermore this guide will tutor you on how to get it done and set. Stay focus and read through.

How to Avoid Security Threats While Banking on Mobile Device

Meanwhile a Domiciliary Account lets you have accounts in currencies other than the Naira. You can pay into these accounts through cash deposits, traveler’s cheques or foreign currency cheque deposits.

How to Open Domiciliary Account in Nigeria

Furthermore opening a domiciliary account in Nigeria entails you to provide the bank with the documents stated below;

1. Proof of Nigerian address: Bills (such as electricity bills, phone bills, water and waste bills) from the last couple of months. Some banks accept three-month-old electric bills or recent month bill.

2. Personal details of signatory/directors: Name, contact address, and the contact phone number

3. Proof of identity: Banks need to see any of the following documents: Photocopies of these documents can be provided.

  1. Driver’s license – Nigeria or International
  2. Valid International passport
  3. National Identity Card
READ  Liberia Latest Election Info - George Weah Wins Liberia Presidential Election

4. General Business details: Business names, Nigerian address and contact numbers, principal trading activity and date your business started. The bank would have to see proof of business registration if it’s a Limited Company or Limited liability partnership. These include proofs such as:

  1. Copy of form CO7
  2. Board of director purpose (signed by 2 directors/1 director and company Secretary)
  3. One passport photograph of each signatory to the account
  4. Memo and Article of Association
  5. Copy of Certificate of Incorporation
  6. Printed copy of Tax Identification Number (TIN)
  7. Company seal

How to Withdraw Money from a Domiciliary Account

1. Writing a cheque: For Currency domiciliary accounts / Afterward Issuing a cheque to withdraw money from your account is quite easy. Simply indicate the total amount you would like to withdraw along with your usual signature. The cheque can be cashed in the bank’s front counter or Tuesday can pay into another domiciliary account. Note that you would be paid in a foreign currency (Dollar, Pounds, Euro, etc)

2. Submitting a detailed written application for withdrawal / Simply write an application for a withdrawal. Address it to your bank branch manager and you will be paid within 24 hours.

3. Wire transfer – Furthermore wire transfers can easily be done from bank to bank with either local or international and your money will be transferred within a week.

4. Using a withdrawal slip – Meanwhile this procedure is same as a withdrawal slip used today in many banks in Nigeria. You can locate one on the counter, fill it and wait to via paid from your foreign currency teller.

5. Using ATM card:  However in case your domiciliary account is linked with ATM cards like MasterCard or visa, it is possible to withdraw from the globally connected ATM in Nigeria in Naira or abroad in the country’s currency. Keep in mind; this kind of withdrawal normally comes with a fee.

Issues You May Encounter when Opening a Domiciliary Account

Afterward the following are situations that may disqualify you from opening a domiciliary account in Nigeria:

However if you don’t have official Id card.

Meanwhile no current account holders to stand for you.

Your date of birth in the existing account doesn’t match with the one in your Id card.

Your names are different.

The electricity bill wit you is more than three months.

Lastly your address doesn’t match.

Meanwhile we cherish your opinion and we look forward to it. Hence, If you have any question as regards Domiciliary Account Opening, kindly scroll down to the comment section and we will respond in no time.

Nevertheless i believe this article was informative, if yes, don’t hesitate to share this information with your friends on Facebook, Twitter, Whatsapp and Google plus””””””””””

READ  NPOWER REVIEW 2018/2019 | Npower Complaints 2018 | Npower 2018 Log In
Please follow and like us:

Related Post

2018 NABTEB GCE NOV-DEC REGISTRATION GUIDE & ... 2018 NABTEB GCE NOV-DEC REGISTRATION GUIDE & HOW TO APPLY 2018 2018 NABTEB GCE NOV-DEC REGISTRATION GUIDE & HOW TO APPLY 2018: nabteb registr...
Best 2017 Dishes Food For Christmas and New Year ... Best 2017 Dishes Food For Christmas and New Year 2018 Best 2017 Dishes Food For Christmas and New Year 2018: The best luxury Dishes food and drink ...
Apply for Master-Card Micro-finance Programs See G... Apply for Master-Card Micro-finance Programs See Guidelines Latest Update about MasterCard Foundation Microfinance Scholars Program 2018 - As a matter...
Liberian Presidential Candidates – See Who W... Liberian Presidential Candidates - See Who Won Liberia Presidential Election Liberia Latest Election Info - George Weah Wins Liberia Presidential E...
LATEST NEWS JAMB MOCK EXAMS RELEASED LEARNED STEPS... LATEST NEWS JAMB MOCK EXAMS RELEASED LEARNED STEPS TO JAMB RESULT CHECKERS LATEST NEWS JAMB MOCK EXAMS RELEASED LEARNED STEPS TO JAMB RESULT CHECKERS ...
HOW TO APPLY FOR Nigeria Communication Satellite R... HOW TO APPLY FOR Nigeria Communication Satellite Recruitment 2018 2019 HOW TO APPLY FOR Nigeria Communication Satellite Recruitment 2018 2019: (Online...
UNIABUJA all batches admission list | Abuja 2nd Ba... UNIABUJA all batches admission list | Abuja 2nd Batch Admission List 2018 UNIABUJA all batches admission list | Abuja 2nd Batch Admission List 2018  -...
BEST TOP TOYS 2017- GRAB FOR YOUR CHILDREN TODAY BEST TOP TOYS 2017- GRAB FOR YOUR CHILDREN TODAY BEST TOP TOYS 2017- GRAB FOR YOUR CHILDREN TODAY: Mentioned: the 5 must-have toys for kids Chr...
BEST THANKSGIVING EVER AS DONALD TRUMP GIVES BEST THANKSGIVING EVER AS DONALD TRUMP GIVES BEST THANKSGIVING EVER AS DONALD TRUMP GIVES: Happy American Thanksgiving 2017 As donlad Trum...
How to Book an Uber or Ola Cab Without the App lat... How to Book an Uber or Ola Cab Without the App latest HIGHLIGHTS Ola supports booking via the Web from PCs The Uber mobile website c...
The Best Cheap Smartphones in Nigeria The Best Cheap Smartphones in Nigeria   Why would you (or anyone, in fact) want to “throw away” money in such an economy? So, you’ve got the...
BLACK FRIDAY NIGERIA 2018 BLACK FRIDAY NIGERIA 2018 JUMIA BLACK FRIDAY 2018 SALES KONGA YAKATA 2018 - UP TO 92% OFF - HURRY ! Black Friday 2018 Afterward enjoy 2 w...
2018 BEST MARCH SMS WISHES | HAPPY NEW MONTH TEXT ... 2018 BEST MARCH SMS WISHES | HAPPY NEW MONTH TEXT MESSAGES OF THE MONTH OF MARCH Latest 2018 BEST MARCH SMS WISHES | HAPPY NEW MONTH TEXT MESSAGES OF ...
BREAKING: WAEC Timetable For May-June 2018-2019 BREAKING: WAEC Timetable For May-June 2018-2019 As a matter of fact Original WAEC 2017 Timetable for May/June Examinations Here Original Version,ne...
Just In Amazon Prime Video Acquires Exclusive Stre... Just In Amazon Prime Video Acquires Exclusive Streaming : Just In Amazon Prime Video Acquires Exclusive StreamingAmazon Prime Video Acquires Exclusiv...
UPDATED: ACCEPTANCE FEE FOR LASU | 2018 LASU FEE P... UPDATED: ACCEPTANCE FEE FOR LASU | 2018 LASU FEE PROCEDURES & BANK UPDATED: ACCEPTANCE FEE FOR LASU | 2018 LASU FEE PROCEDURES & BANK ... ...

Add a Comment

Your email address will not be published.