Categories: News

How to open an online Domiciliary Account in Access Bank

Meaning of Domiciliary Account or Dollar Account

A dollar account officially known as a domiciliary account is a bank account you open in Nigeria (Africa) that enables you to receive and withdraw foreign currencies. With a dollar account in Nigeria banks today you can receive money from different currencies from abroad but is not operated in Nigeria (Africa) currency, with this account you can operate with the three global currencies and you can receive money from either United States dollars, or British Pounds, or Euros.

How to Open Domiciliary Account in Access Bank Online-This is a complete guide on how to open a domiciliary account online with Access Bank and the benefits and advantages attached to it.

Access bank allows its customers to receive and send money from different countries around the globe with the aid of a domiciliary account, You can receive money from the US currency to Access bank still in the USA currency.

 Types of Domiciliary Account

  • Domiciliary Savings account, and
  • Domiciliary Current account.

NOTE; You can open anyone that suits your purpose

About Domiciliary savings Account

This is a foreign currency account that gives customers the option to save in any of the three global currencies (US Dollars, Euros, and GB Pounds) while earning interest.

Features of Domiciliary Savings Account in Access Bank

  • Opening balance and daily balance of [$, £,€] 500 for Classic
  • Opening balance daily balance of [$, £,€] 10,000 for Dom Plus
  • The interest rate of 0.1% and 0.2%% p.a. but paid monthly (Classic and Plus respectively)
  • Different variants of Debit Card based on the customer’s preference
  • Access to alternate channels e.g. internet and mobile banking etc.
  • Non-chequing account
  • All other transactions are charged in line with the Banker’s tariff.
  • $10 issuance of debit card
  • Free debit card for Dom Plus

The benefit of Domiciliary savings account in Access Bank

  • Convenient & flexible account opening requirements
  • Remote access to your bank account using our channel platforms
  • Monitoring of account activities from the comfort of home/office via internet, telephone & mobile banking
  • Provides account information updates via SMS/Email alerts
  • No monthly maintenance charge on the account

About Domicilary Current Account in Access Bank

This is a foreign currency account that gives customers the option to a bank in any of the three global currencies (US Dollars, Euros, and GB Pounds).

Features of Domiciliary current account in Access Bank

  • Opening balance of $100, £100 & €100
  • No minimum balance required
  • No account maintenance fee
  • Cash handling charge (COT equivalent) of 0.5% on withdrawals
  • Interest rate 0.01% p.a. (above 100,000 $,£,€)
  • No restriction on the number of withdrawals
  • Different variants of Debit Card based on the customer’s preference
  • Access to alternate channels e.g. Internet and Mobile banking
  • Availability of chequebook
  • Allows direct debit instructions
  • Third-party transactions allowed
  • All other transactions are charged at banks approved rate

Requirement for Opening a Domiciliary Account Online

Even if you decide to walk into any of the banks to open a domiciliary account in any of the banks in Nigeria, the same requirement would be required of you for the process below is a general requirement.

  • Government Approved means of identification; driver’s license, National Identity Card, voter’s card, or International Passport.
  • 2 recent passport photographs/
  • Bank Verification Number (BVN)
  • CIU Form
  • Current Utility Bill
  • Visit the Access bank website
  • Scroll down to ‘Account Opening Form’, and click on it.
  • Three forms will be displayed, that is ‘Account Opening Form, Signature Form, and Reference Form’. Click on each of them, they will be downloaded automatically to your phone or PC.
  • Ensure to fill out all the forms you have downloaded.
  • Once you have filled them out, email the forms to customerservice@Accessbankng.com.

See also-How to Open an online Kuda Bank Account

Spark Gist

Recent Posts

University of Africa  Toru-Orua Recruitment 2024/2025 – uat.edu.ng/recruit

University of Africa, Toru-Orua Recruitment 2024/2025 - Recruitment for Academic and Non-Academic Staff Positions at the University of Africa, Toru-Orua.…

1 week ago

Arise Youth Employment Portal 2024 – Apply for Akwa Ibom State Government Recruitment

Akwa Ibom State Government Recruitment for Arise Youth Application Form Portal 2024 – Akwa Ibom State this is to inform…

2 weeks ago

careers.firs.gov.ng Recruitment Portal 2024/2025 is open – Apply now

FIRS Recruitment Application Form 2024/2025 Open - This is to inform the general public that the Federal Inland Revenue Service…

2 weeks ago

Federal Inland Revenue Service Recruitment 2024 | firs.gov.ng/careers

Federal Inland Revenue Service Recruitment Portal 2024 is open. This page contains step by step guide on how to apply…

2 weeks ago

UAE Work Visa for 5 Years Temporary Work: Eligibility, Required Documents & How to Apply

UAE Work Visa Apply now - The Service of Labor issues a Brief Work Allowance in Dubai to the individual…

2 weeks ago

Luxembourg Labor Jobs with Visa Sponsorship 2024/2025 (€14.86 Per Hour) – Apply Now

Luxembourg Labor Jobs with Visa Sponsorship - Luxembourg is renowned for its high quality of life, security, and dynamic economy.…

2 weeks ago