Domiciliary Account - Frequently Asked Questions

Individuals of all classes and Corporates
The minimum opening balance for the account is $100, $100 and $100.
This is a foreign currency current account i.e. Pounds, Euros, Dollars, Yen, etc.
The minimum daily balance is zero
There is a 0.5% cash handling charge on withdrawals.
The following documents are required to open an Domiciliary account:
  • Means of address verification
  • 2 references
  • 2 Passport photographs
  • Valid ID of each signatory
  • Residence Permit (Foreigners)
  • Forms CO7 and CO2 as applicable for companies
  • Certificate of Incorporation / Business Registration for companies
  • Memorandum and Article of Association as applicable for companies
  • Board resolution as applicable
  • Search report as applicable
 
Yes, they can.
Domiciliary account opening documentation should be submitted through the following means:
  • Prospective customers can visit any Access Bank Branch to submit the account opening packages
  • Scanned copies to be sent via email to sandip@accessbankplc.com
Yes, using our electronic banking platform: Internet banking with the aid of the secure Token device, the Domiciliary Account customer can transfer money to:
  • Beneficiaries who have Access Bank accounts.
  • Beneficiaries who have accounts with other Banks.

Yes, local cheques and dividend warrants can be lodged into the customer�s Domiciliary account through any of the Bank�s branches in Nigeria.
Yes, a Domiciliary customer can transfer a fixed amount of money regularly to beneficiaries in Nigeria by setting up a standing order instruction (Direct debit) on Internet banking to the following:
  • Beneficiaries with Access Bank account
  • Beneficiaries with accounts in other banks in Nigeria