Do you have issues accessing money sent to you from abroad? Do you run an online business or digital skill that warrants you collect your payment directly from your customers abroad?
With the rampancy of online businesses and freelance jobs all around, the need for getting a means of payment, especially from abroad becomes pertinent.
Opening a domiciliary account makes this easy. The ease of opening varies with different banks. However, for this content, we would be focusing on “How to open a GTBank domiciliary account?”
What is a Domiciliary Account?
A domiciliary account is a special account that enables easy transactions in foreign currencies. With a domiciliary account, you need not worry about the local unstable currencies. You can easily receive foreign currencies and also make international transactions. You can also withdraw the foreign currency direct from your bank. GTBank and other banks in Nigeria have a dedicated counter for the purpose.
As a customer or potential customer, once your domiciliary account number is given to you, it can be sent to whoever the sender is to receive a deposit. Also note that if you open a dollar account or pounds account, the monetary transactions should be in dollars or pounds respectively.
How To Open A GTBank Domiciliary Account?
GTbank has provided customers with an easier means of receiving and making international transactions.
Foreign currency accounts such as US Dollars, Euro, or Pounds can easily be opened with easy withdrawals from any of the GTBank branches near you. Similarly, your domiciliary account can be funded through cash inflows and deposits.
Requirements needed to open a GTbank domiciliary account
As a Guaranty Trust Bank customer or a potential customer, before you can open a domiciliary account, certain details and documents are required.
1. A Dom account opening form which is well filled and signed
2. A copy of any of the following identification documents – National identity card, International passport, Driver’s License, or any other acceptable means of identification.
3. A Clear passport photograph
4. Two properly completed reference forms
5. Utility bills (Electricity bills or any other bills) issued within the last three months. This is mainly to check the proof of your last home address.
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