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Top 10 Best Banks To Open Domiciliary Account In Nigeria

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best banks to open domiciliary account in Nigeria

Best Banks to Open Domiciliary Account in Nigeria, now note domiciliary accounts allows people to do international transactions swiftly.

This type of bank account is best for people who indulge in lots of transactions using foreign currencies like Pounds, Dollars, Euros, Yen, Dira, and other non-indigenous currencies.

With the domiciliary account being the most preferred by international business dealers, many are curious about which banks give the best options on this account.

Zenith Bank Plc

Zenith Bank Plc is the first on the 10 Best Banks to Open Domiciliary Account in Nigeria, also is the first commercial bank in Nigeria to manage two types of household accounts which is the ordinary domiciliary account and the Domiciliary Cash Account, Note you can only make the transfer with the Ordinary and not the Cash domiciliary account.

These accounts can be created with a zero balance, and you will receive a debit card for only USD. The currencies and services available on the accounts of Zenith Bank are:

GTBank Plc

10 Best Banks to Open Domiciliary Account in Nigeria, next on the list is the Guaranty Trust Bank. GTBank Domiciliary Account is also available in the most popular currencies.

Note managing this account, you will have 24/7 access to the available electronic channels and will be able to transfer cash to other national accounts in Nigeria. Withdrawal is also not a problem as you can withdraw from any GTBank branch across the country.

Fidelity Bank Account

Fidelity is also in the 10 Best Banks to Open Domiciliary Account, With fidelity bank accounts you can also make international transactions. To open an account with Fidelity Bank Nigeria here are the features of their domiciliary account:

First Bank

First Bank is one of the commercial banks in Nigeria, First Bank is also on the 10 Best Banks to Open Domiciliary Account in Nigeria With these phone bills, you can facilitate international transactions on the Internet.

The First Bank manages two types of Domiciliary Accounts: FirstDom Plus and Domiciliary Account, Both are designed for different kinds of customers FirstDom is intended for customers who have a balance of $ 5,000 or more, and Domiciliary Account in the First Bank allows you to hold currencies like USD, GBP, and Euro. Features are as follows:

Stanbic Ibtc Bank

A professional person who has a lot of international transactions, the Domiciliary Account in Stanbic IBTC bank might be what you need as it ranks in the 10 Best Banks to Open Domiciliary Account in Nigeria.

Also, you can receive and transfer foreign currencies other than the naira. At Stanbic IBTC Bank, you can open different accounts for different currencies, such as USD, GPB, and Euro. Here are some other features to look out for:

Access Bank

Access Bank ranks among the 10 best banks to open a domiciliary account in Nigeria the membership bank also offers the best Domiciliary Accounts in Nigeria.

Being one of the most popular and with many customers, Access Banks allows its customers to transfer and receive money in different currencies. The Domiciliary Accounts features:

Union Bank

Union Bank domiciliary accounts rank among the 10 best banks to open a domiciliary account in Nigeria. The currencies in the Union Bank Domiciliary Accounts are USD, GBP, FCY, and Euro, Union Bank offers a change in Domiciliary Account, according to the needs of the customers.

Types of Domiciliary Accounts and Features available at Union Bank Nigeria:

Polaris Bank

Polaris Bank’s initial account allows you to store and transfer luxury money in various currencies, such as USD, GBP, and EUR. It will enable you to pay bills, school fees, and other foreign currency transactions from your comfort zone.

The Polaris Bank ranks in the 10 Best Banks to Open Domiciliary Account in Nigeria and notes this type of account can be used as collateral for a naira loan.

FCMB Bank

First City Monument Bank is the second bank in the Best Banks to Open Domiciliary Account in Nigeria. To open a domiciliary Account the FCMB Domiciliary Account allows customers to keep an account in foreign currency.

The currencies and features available at the FCMB accounts are

Requirements To Open Domiciliary Account In Nigeria

Note: Best Banks to Open Domiciliary Account in Nigeria, account opening requirements in Nigeria differ in different banks. However, this are a few major requirements:

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