HOW TO OPEN A DORMICILLIARY ACCOUNT IN NIGERIA

HOW TO OPEN A DORMICILLIARY ACCOUNT
How To Open Domiciliary Account In Nigeria
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What is Domiciliary (dom) Account ?
Domiciliary Account is a special account in foreign currency especially in US dollars opened in a local bank that allows you to make international bulk payment in form of bank wire transfer for goods or services online. Dom account comes handy when dealing in Mega transactions which your MasterCard or VisaCard might not handle.


However, charges emanating from wire transfer in Dom account can be very high. This also varies from bank to bank.
Dom account is funded and operated ONLY in dollars and is convertible to other foreign currencies. Love to engage in business with a company in China, USA etc ?, then Dom account is for you.

Types of Dom Account
Current Dom account and Savings Dom account are the basic two types of Dom account being operated upon by some Nigeria Banks. Current Dom account is operated like a normal current account, however, you are issued cheque booklet denominated in dollars. The minimum balance is usually $100 in most Nigerian banks. No cheque booklet is issued for Savings Dom account.

What are the requirements for opening a Domiciliary Account?
Requirements for opening a Dom account varies from bank to bank, but the basic things you must have are highlighted below:


1. 2 referees whom have operated Current account for at least 6 months with the bank or any other bank. Usually it is better and faster to get referees from the same bank so that confirmation will take place as early as possible.
2. Utility Bills like PHCN bill etc
3. National ID card, International Passport, Driver's License for proper identification.
4. About $100 for minimum balance. You might be charged extra fee for MasterCard or VisaCard.

I think you can get MasterCard from Intercontinental Bank without opening a domiciliary account but always try and make more enquiries from your bank. You can talk with the Customer care agents of your bank and they will brief you more about their bank's current policies with regards to Domiciliary accounts.

Which Banks Operate Domiciliary Account In Nigeria?
Examples of popular banks operating this kind of Account in Nigeria are Guaranty Trust Bank (GTB), Intercontinental Bank Plc, Zenith Bank Plc, Equitorial Trust Bank, First City Monument Bank (FCMB). The list is by no means complete, nor does the order of the banks indicate any preference or affiliation. You should carefully make enquiries from those banks, compare fees, rates and then go for the one that suits you most.

If you have anything to say about this or you have questions to ask, feel free to use the comment form below this post.

In my future posts, I will share with you how you can use your MasterCard to buy anything on the internet and how you can withdraw money from your Mastercard/VisaCard at ATM locations. How To Open Domiciliary Account In Nigeria
Share
What is Domiciliary (dom) Account ?
Domiciliary Account is a special account in foreign currency especially in US dollars opened in a local bank that allows you to make international bulk payment in form of bank wire transfer for goods or services online. Dom account comes handy when dealing in Mega transactions which your MasterCard or VisaCard might not handle.


However, charges emanating from wire transfer in Dom account can be very high. This also varies from bank to bank.
Dom account is funded and operated ONLY in dollars and is convertible to other foreign currencies. Love to engage in business with a company in China, USA etc ?, then Dom account is for you.

Types of Dom Account
Current Dom account and Savings Dom account are the basic two types of Dom account being operated upon by some Nigeria Banks. Current Dom account is operated like a normal current account, however, you are issued cheque booklet denominated in dollars. The minimum balance is usually $100 in most Nigerian banks. No cheque booklet is issued for Savings Dom account.

What are the requirements for opening a Domiciliary Account?
Requirements for opening a Dom account varies from bank to bank, but the basic things you must have are highlighted below:


1. 2 referees whom have operated Current account for at least 6 months with the bank or any other bank. Usually it is better and faster to get referees from the same bank so that confirmation will take place as early as possible.
2. Utility Bills like PHCN bill etc
3. National ID card, International Passport, Driver's License for proper identification.
4. About $100 for minimum balance. You might be charged extra fee for MasterCard or VisaCard.

I think you can get MasterCard from Intercontinental Bank without opening a domiciliary account but always try and make more enquiries from your bank. You can talk with the Customer care agents of your bank and they will brief you more about their bank's current policies with regards to Domiciliary accounts.

Which Banks Operate Domiciliary Account In Nigeria?
Examples of popular banks operating this kind of Account in Nigeria are Guaranty Trust Bank (GTB), Intercontinental Bank Plc, Zenith Bank Plc, Equitorial Trust Bank, First City Monument Bank (FCMB). The list is by no means complete, nor does the order of the banks indicate any preference or affiliation. You should carefully make enquiries from those banks, compare fees, rates and then go for the one that suits you most.

If you have anything to say about this or you have questions to ask, feel free to use the comment form below this post.

In my future posts, I will share with you how you can use your MasterCard to buy anything on the internet and how you can withdraw money from your Mastercard/VisaCard at ATM locations. How To Open Domiciliary Account In Nigeria
Share
What is Domiciliary (dom) Account ?
Domiciliary Account is a special account in foreign currency especially in US dollars opened in a local bank that allows you to make international bulk payment in form of bank wire transfer for goods or services online. Dom account comes handy when dealing in Mega transactions which your MasterCard or VisaCard might not handle.


However, charges emanating from wire transfer in Dom account can be very high. This also varies from bank to bank.
Dom account is funded and operated ONLY in dollars and is convertible to other foreign currencies. Love to engage in business with a company in China, USA etc ?, then Dom account is for you.

Types of Dom Account
Current Dom account and Savings Dom account are the basic two types of Dom account being operated upon by some Nigeria Banks. Current Dom account is operated like a normal current account, however, you are issued cheque booklet denominated in dollars. The minimum balance is usually $100 in most Nigerian banks. No cheque booklet is issued for Savings Dom account.

What are the requirements for opening a Domiciliary Account?
Requirements for opening a Dom account varies from bank to bank, but the basic things you must have are highlighted below:


1. 2 referees whom have operated Current account for at least 6 months with the bank or any other bank. Usually it is better and faster to get referees from the same bank so that confirmation will take place as early as possible.
2. Utility Bills like PHCN bill etc
3. National ID card, International Passport, Driver's License for proper identification.
4. About $100 for minimum balance. You might be charged extra fee for MasterCard or VisaCard.

I think you can get MasterCard from Intercontinental Bank without opening a domiciliary account but always try and make more enquiries from your bank. You can talk with the Customer care agents of your bank and they will brief you more about their bank's current policies with regards to Domiciliary accounts.

Which Banks Operate Domiciliary Account In Nigeria?
Examples of popular banks operating this kind of Account in Nigeria are Guaranty Trust Bank (GTB), Intercontinental Bank Plc, Zenith Bank Plc, Equitorial Trust Bank, First City Monument Bank (FCMB). The list is by no means complete, nor does the order of the banks indicate any preference or affiliation. You should carefully make enquiries from those banks, compare fees, rates and then go for the one that suits you most.

If you have anything to say about this or you have questions to ask, feel free to use the comment form below this post.

In my future posts, I will share with you how you can use your MasterCard to buy anything on the internet and how you can withdraw money from your Mastercard/VisaCard at ATM locations.

OPEN A CLICK BANK ACCOUNT IN NIGERIA

How To Open A Click Bank Account Right In Nigeria
Let me show you how you can safely and securely open a click bank account right here in Nigeria without any troubles and then later on i will show you some ways you can apply to be making as much as $100-$250 everyday through your click bank account.
Firstly for you to open a click bank account you must have a foreign address.
I will assume that you don't have someone abroad that you can rely on to give you his address . The reason for a foreign address is because at the moment click bank does not accept Nigerians.
I want to introduce you to a service company called Graph Card which can help make your Click bank account opening a success.
What is Graphcard?
Graphcard is an online payment system that enables anyone anywhere in the world to pay online without having a credit card.
This company also offer a virtual address. By virtual address that means by using their service they will give you a specific and personalize U.S.A address.
I love this website a lot but unfortunately many Nigerians don't know about them. In fact with your virtual address you can also receive foreign checks without having a Domiciliary account. So the first thing is to open a graph card account and register with them as a Nigerian.
Their website is graphcard.com . Registration is FREE. You either choose a personal or reseller account.
Once you open your account you will see that graph card offers different services one of them is:

Virtual Office, that means by applying for that service you will be given a
virtual address and that is the address that you will require to open your click bank account!.
Graph card charges just $5 a month for a virtual address[less than N1, 000]. You will need to fund your graph card account first and when your account is funded, you can then generate your virtual address instantly.
For you to fund graph card your graph card account you will reach them on:
Once your account is funded in less than 10 seconds you will have your own virtual address created instantly and like i said, it will be just for you. This is what graph card addresses looks like:
LFR COMMUNICATIONS INC
PMB: 1212 , 8101 Sandy Spring Road
Suite 220, Laurel MD 20707
USA
All graph card address looks like that. The only way they will know it is yours is the PMB. The addresses are always the same it is just the PMB that is different.
Once you have obtained your virtual address you will then go back to http://www.graphcard.com and sign up.
To open a click bank account you would go to their website at www.graphcard.com and click on SIGN UP.
A BIG POINT TO NOTE:
When opening a click bank account you should note that click bank asks for payee name.
In the payee name box the name you put is: LFR COMMUNICATIONS INC. I will explain later why you should do that but for now just put in the above name as the payee name and then put the virtual address that graph card gave to you as the place you want your check to be sent to.
The second part of the form, you can put in your real name. But not at the payee
information.
Once you do this simple step, in less than 8 minutes you will be able to open your own click bank account right here in Nigeria without any problem.

How To Receive Your Click Bank Check In Nigeria
I already told you that you should put LFR COMMUNICATIONS INC where click bank asks for a payee name. The reason is because when you have opened your click bank account and you want to receive your check, click bank will send the check to the virtual address that you placed while opening an account with them.
The payee name is LFR COMMUNICATIONS INC, so graph card gets to receive the check and once your check gets to graph card all they do is to look at the PMB in the address box to confirm who exactly owns the check. Once graph card receive the check they look at the address and from the PMB they will automatically send the money into your graph card account. They convert your check money and then fund it into your graph account in less than 48hrs after the checks arrives to them!.

Once that is done then you can decide to withdraw your money whenever you choose. There are two ways through which you can convert your graph card money into real cash. One of them is through western union, you can decide to send the money in your graph card account through western union to yourself and in 72hrs you will be able to receive your money.
The second and best way is to have a GTBank account. With your GTBank account all you have to do is to send the money directly into your GTBank account and in 48hrs you will find your money in your account waiting for you!!!.
I don't need to decode it any further. The above simple explanation is what i have use and it works for me. Remember you don't need a Domiciliary account and you don't even need to wait for 21 days for the bank to clear your check. With the above method we just shared you can have your money in less than 5 days after click bank sends your check.
Note: You don't need to change your I.P address since you are dealing with clickbank. There is no law that says that someone in America cannot operate a click bank account in Nigeria.

UNDERSTANDING CLICKBANK
Clickbank is the largest seller of digital products in the world. Clickbank provides an easy way into affiliate marketing as registration is quick, easy and it’s for sellers free.
Affiliates use ClickBank because ClickBank makes the process of earning commissions completely transparent. Leveraging these affiliates can multiply your product sales.
Normally,
Here's what you need to do to become a Clickbank affiliate:
* Sign up for ClickBank (FREE)
* Agree to let ClickBank sell your products.
* Maintain a promotional web site that explains your product to potential customers.
* Maintain detailed technical support pages for your product at your web site.
In return ClickBank will:
* Sell your product.
* Provide customer service for your product.
* Enable their over 100,000 affiliates to drive traffic to your web site.
* Enable you to recruit new affiliates to promote your web site.
* Provide you and all affiliates with real-time sales reporting.
* Send you and all affiliates a paycheck twice each month.
But,
Unfortunately, We as Nigerians are being deprived of these great oppo
How To Own A Us Virtual Address For Your Online Business
E-business persons, both experts and newbies, must have a US address to conduct some of their online business successfully. In times past, I have to pay heavy to get one. But now, you can get one by yourself. You don’t need anybody, I repeat, anybody to get your US address.
I want to introduce you to a service company called GraphCard. They offer a virtual
address. By virtual address that means by using their service they will give you a specific and personalize U.S.A address.
I love this website a lot but unfortunately many Nigerians don't know about them. In fact, with your virtual address you can also receive foreign checks without having a Domiciliary account.
So the first thing is to open a graph card account and register with them as a Nigerian.
Their website is www.graphcard.com . Registration is FREE. You either choose a personal or
reseller account.
Once you open your account you will see that graphcard offers different services of which one of them is Virtual Office and that means by applying for that service, you will be given a virtual address and that is the address that you will require to open your clickbank account!.
Graph card charges just $5 a month for a virtual address less than N1,000]. You will need to fund your graph card account first and when your account is funded, you can then generate your virtual address instantly.
Once your account is funded in less than 10 seconds you will have your own virtual
address created instantly and like I said, it will be just for you.

This is what graph card addresses looks like:
LFR COMMUNICATIONS INC
No: 1212 , 8101 Sandy Spring Road
Suite 220, Laurel MD 20707
USA
All graph card address looks like that. The only way they will know it is yours is the No. The addresses are always the same it is just the No. that is different.
Once you have created your US Virtual address, then you are free to use it with sites like clickbank affiliate programs, online survey programs and so on. This sites send your paycheck to your graphcard virtual address and your graphcard would be funded according to the payment you received. But please note that, you have to use LFR Communications INC as your payee name so that Graphcard can cash your paycheck and fund you account accordingly.rtunities Clickbank provide. Due to curiosity and aggressive research, we have brought to your doorstep an easy step to get a Clickbank account right here in Nigeria.