How To Open A Domiciliary Account In Access Bank



What Is  Access Bank DOMICILIARY ACCOUNT?

The Domiciliary Current account is designed to enable you carry out local or international transactions from the comfort of your home, office or abroad. The account is funded in Pounds, Euro, Dollars and Yen.

The account can be opened by Individuals, Business Owners, Small and Medium scale enterprises, corporate organizations.

Types Of Access Bank Domiciliary Account

1. Domiciliary Savings Account

2. Domiciliary Current Account

 

Domiciliary Savings Account

Product Features Of Domiciliary  Savings Account

  • 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 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 cheque book
  • Allows direct debit instructions
  • Third party transactions allowed
  • All other transactions are charged at banks approved rate

Benefits Of Having Access Bank Domiciliary Savings Account

  1. Access to overdraft and loan facilities for qualified customers at very competitive rates.
  2. Remote access to your bank account
  3. Monitoring of account activities from the comfort of your home/office via internet, telephone and mobile banking.
  4. Third party withdrawals
  5. Convenient & flexible account opening requirements.
  6. Provides account information updates via SMS/Email alerts
  7. Access to cash anytime, anywhere with debit cards on ATMs
  8. Use of Mastercard, Visa and Verve debit cards on POS terminals

Domiciliary Current Account

Product Features

  • Opening balance and daily balance of [$, £,€] 500 for Classic
  • Opening balance daily balance of [$, £,€] 10,000 for Dom Plus
  • 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

Benefits Of Having Access Bank Domiciliary Current Account

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

Restrictions

  • No cheque deposits allowed

REQUIREMENTS FOR ACCOUNT OPENING

  • The requirements for Diaspora Savings, Diaspora Naira Current and Diaspora Domiciliary are the same, and includes:
  • Duly completed account opening form including signature mandate section.
  • 1 Passport Photograph
  • Proof of Identity: A notarized/sighted copy of any one (1) of the following Identification:
  •  Download SVGPerfect for when you want to use just one icon as a vector on the desktop or in your own icon workflow.
  •  A valid Nigerian passport
  •  A valid International/foreign passport – supported by proof of Nigerian origin (Birth certificate, expired/valid Nigerian passport or driver’s license, etc.)
  •  A valid Nigerian driver’s license
  • Proof of Residential Address: A notarized/sighted copy of any one (1) of the following:
  •  Duly filled Banker’s Confirmation
  •  Copy of utility bill issued within the last three months showing the same address as supplied.
  •  Bank/Credit statement issued within the last three months showing customer address
  • References (Diaspora Naira Current and Domiciliary accounts): Two acceptable references using either of the following options:
  • Option 1:
  •  An independent reference letter obtained from current bankers (foreign) and
  •  A signed reference form by an Attestor of Nigerian origin who maintains a current account with a Nigerian Bank.
  • Option 2:
  • Two signed reference forms by Attestors of Nigerian origin who maintain a current account with a Nigerian Bank.
  • Indemnity: Duly executed indemnity form (for Email, Fax and Scanned Documents)
  • For Joint accounts: A notarized copy of marriage certificate is also required along with all other necessary documents as stated above.
  • BVN of signatory(ies)
  • AML risk assessment
  • FATCA form (if customer is residing in the USA)

Leave a Reply

Your email address will not be published.