Domiciliary Account Opening!

Domiciliary Account Opening!

Domiciliary Account: 

Need a foreign currency account? Our domiciliary accounts give you the opportunity to conveniently carry out foreign transactions wherever you may be. With access to our debit cards, internet banking, and mobile banking application, your transfers, payments, standing orders etc. can be done without you walking into our banking halls.

What’s In It For You:

Transfer funds in foreign currency to other bank’s domiciliary accounts World Wide.

Cash withdrawals in foreign currency from any Green Finance branch.

24/7 Banking services via our various  e-channels.

Things to know before opening a domiciliary account:

A domiciliary account is a type of current account that allows you to fund it with foreign currencies such as dollars, pounds or euros and enables you to do foreign transactions on that account. You can use a domiciliary account to transfer money to another country or receive foreign currency from another country.

According to jotscroll.com, a domiciliary account is just like a current account that is used for the purpose of transacting business. It is not intended for saving of money, but rather it is supposed to help you carry out your business transactions using foreign currencies.

With a domiciliary account, you will open the account with your bank in the country where you live. Once the account is opened, you can then start using it. The account number will be sent to your email or your telephone number.

After getting the account number, you can then give it out to the person that will send money to you abroad with some additional details. If it is a dollar account, the money will be sent in dollars, this means that the person sending you the money must send it in dollars. Once you receive your alert, you can go to your bank and withdraw the dollars by filling your foreign currencies withdrawal slip. The dollars will be given to you and then you can proceed to change it to your local currency (which is naira in Nigeria) at the bureau de change.

The bureau de change is just an office that buys dollars from you and gives you naira in exchange or they can sell dollars to you and you give them naira in exchange. What they basically do is to change whatever currency you need whether from local currency to foreign or from foreign currency to local.

 

FEATURES & BENEFITS
• Zero opening balance
• Internet Banking
• Debit Card (USD)
• Mobile banking
• Email/SMS Alertz
• Standing orders
• USD
• Transfer limit of $50,000.00 allowed daily. (Cash in and cash out Available)

 

REQUIREMENTS
a).    Account opening form (existing account holders with full documentation only require a written letter or completion of account opening form without the provision of any other documentation).
b).    One passport photograph of authorized signatories.
c).    Valid ID (Driver’s License, International Passport, National Identity Card or Voter’s Identity Card).
d).    Public Utility Receipt dated within the last three months (Electricity bill, Water rate bill, Tenement rate, Rent receipt,     Telephone bill etc.)
e).    Visitation Report (Residence). If Available

 

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Green Finance Global Inc.
@Green Finance: We empower your Business to GROW and provide the needed support for a greater reach and meet your desired goal.

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