How To Open A Domiciliary Account With A Bank

How To Open A Domiciliary Account With A Bank

How To Open A Domiciliary Account With A Bank

There are occasions while you want to make and obtain fee in foreign currency from out of the country however you don’t have the account or card to make such transaction.

This information specializes in the way to open a Domiciliary account and lets you transact in numerous currencies akin to US Dollars, Pounds Sterling or Euro because the ruling alternate charge that can assist you to find the inflows, money card, traveler’s exams a sea of transactions.


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The requirement to open a domiciliary account are under:

  1. Proof of identification: Valid global passport, Driver’s license, and nationwide identity card.

  1. Proof of Nigerian cope with: the financial institution may also desire a evidence of both energy corporate expenses, waste invoice or water company expenses from the remaining couple of three months outdated.

  2. A finished signed and crammed shape from the financial institution.

  3. Reference letter: if the individual to reference you has an account in that very same financial institution you wish to have to open a domiciliary account, you don’t want any other reference letter but when now not 2 reference letter is needed from you.

  4. Passport dimension (2)

  5. A $100 as deposit.

Charges also are implemented in the usage of domiciliary account like

Cash withdrawal from any preliminary deposit money will draw in zero.five% fee and money withdrawal from a money influx or budget switch credit score draws 1% fee.



Updated: November 18, 2018 — 4:58 pm

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