When talking about domiciliary account in Nigeria, its simply opening an account with foreign currency.
First Bank Domiciliary account allows you save in US Dollars, Pounds Sterling or Euro; while your money is valued at the prevailing exchange rate. It
makes doing business internationally a lot easier.
Note that having such account is the best for anyone who make international transaction like receiving or sending money outside or within the country or continent.
Also Read: Receive Money Abroad To Your Naira Bank In Nigeria.
==> WHY YOU SHOULD USE FIRST BANK DOMICILIARY ACCOUNT.
1. It allows no limit to number of
withdrawals in a month.
2. Guaranteed foreign currency
deposit.
3. Receives In Foreign currency without hindrance or delay.
4. Fast, Reliable, and quick transactions.
Also Read: first bank Nigeria swift code.
==> WHO CAN APPLY FOR FIRST BANK DOMICILIARY ACCOUNT?.
Individuals and cooperation organizations can operate it.
==> DOCUMENTS REQUIRED.
. 2 recent passport photograph
. international passport, national ID card, Voters card. etc
. Address Verification Document, utility bill. Etc.
Source: First Bank Official Website.
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