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Nairaland Forum / Nairaland / General / Business / Nigerian Bank With The Best Domiciliary Account System? (73536 Views)
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Re: Nigerian Bank With The Best Domiciliary Account System? by donodion(m): 1:31pm On Nov 25, 2013 |
GT Bank beat First Bank Hands down. |
Re: Nigerian Bank With The Best Domiciliary Account System? by jayAjoku(m): 1:33pm On Nov 25, 2013 |
[color=#990000][/color]please use [b]please use [/b]please use Diamond Bank they are reliable nd fast |
Re: Nigerian Bank With The Best Domiciliary Account System? by bolaino(m): 1:35pm On Nov 25, 2013 |
Lins01: Which Bank charges lesser fees in Wire Transfer?I agree with you sir, GT bank gives good and quality services, but their charges are too high. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Okaka27(m): 1:42pm On Nov 25, 2013 |
Wetn concern me wit bank? wen forest dey across the road were i go bury my dough... |
Re: Nigerian Bank With The Best Domiciliary Account System? by blank(f): 1:57pm On Nov 25, 2013 |
Standard Chartered and Ecobank. |
Re: Nigerian Bank With The Best Domiciliary Account System? by enkaylplc: 2:03pm On Nov 25, 2013 |
Use Fidelity Bank, they are fast and their charges are reasonable. |
Re: Nigerian Bank With The Best Domiciliary Account System? by eluquenson(m): 2:27pm On Nov 25, 2013 |
Hmm! see comment |
Re: Nigerian Bank With The Best Domiciliary Account System? by lacidi: 2:29pm On Nov 25, 2013 |
I will recommend First Bank. With 1st bank you can transfer money from Nigeria to abroad via your Dom account instantly without having any interface with the bank staff. The online portal enables you to send the money and it will hit the recieving account abroad in less than 24 hours, depending on the time zone. I have a problem with GT Bank online transfer system because it is not instant and requires manual intervention. Even for local transfers, GT bank takes 24 hours while other banks have instant real time online transfer system. 2 Likes |
Re: Nigerian Bank With The Best Domiciliary Account System? by aieromon(m): 2:35pm On Nov 25, 2013 |
arbitrage: Actually, I paid the money into his reactivated domiciliary account which had a cash balance of $36. UBA said he had to top up the account to $100 before any wire transfer could be initiated. After that,it was the stress of buying dollars and depositing it in the account. I didn't try to check other branches after the branch where I had an account couldn't offer me any solution other than opening a domiciliary account. If not for the emergency, I would have waited for the GTB accounting opening process to be completed. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Afam4eva(m): 2:41pm On Nov 25, 2013 |
Lins01: Which Bank charges lesser fees in Wire Transfer?It depends on how much you're sending. UBA charges something similar. |
Re: Nigerian Bank With The Best Domiciliary Account System? by cjayy(m): 3:02pm On Nov 25, 2013 |
GTB all d way. 1 Like |
Re: Nigerian Bank With The Best Domiciliary Account System? by Nuke: 3:14pm On Nov 25, 2013 |
You should try Diamond and GT bank. Diamond is faster and both have online banking portal that allows you transfer funds. Diamond gets to America same day. Diamond fees are cheaper based on the type of accounts i'm operating. Gt might also get there same day or next day. Last I checked GT charges flat telex rate and also charges a percentage on amount to be transferred. |
Re: Nigerian Bank With The Best Domiciliary Account System? by emalekuo(m): 3:19pm On Nov 25, 2013 |
arbitrage: it usually cost me about $95 to transfer $9500 through UBA and they seem to be the cheapest and it takes less than 24 hrs from when the transfer is done, so just tell them to scan it immediately cos all transfer slip are scanned to. their head quaters for processing, the last I did was $2700 and was charged $60 but. the maximum single transfer adviced which is $9500 is still under $100 in transfer fee. open a DOM. account with $100 and fund the account with the dollar you intend sending and also the charges. note minimum balance is the $100. |
Re: Nigerian Bank With The Best Domiciliary Account System? by aieromon(m): 3:19pm On Nov 25, 2013 |
Nuke: You should try Diamond and GT bank. Diamond is faster and both have online banking portal that allows you transfer funds. Diamond gets to America same day. Diamond fees are cheaper based on the type of accounts i'm operating. Gt might also get there same day or next day. Last I checked GT charges flat telex rate and also charges a percentage on amount to be transferred. What type of account? Diamond Bank is my first choice but their online banking portal comes a distant second to that of GTB. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Nobody: 3:21pm On Nov 25, 2013 |
interesting! Wow! pls I have been confused about dimiciliary account. I heard it when I was in university trying to pay my exam fee.pls explain to me |
Re: Nigerian Bank With The Best Domiciliary Account System? by afeeshassan: 3:24pm On Nov 25, 2013 |
Fidelity bank is the best. It give you opportunity to transfer close to 100,000 dollar in a day. When it come to FX transaction give it to Fidelity Bank. 1 Like |
Re: Nigerian Bank With The Best Domiciliary Account System? by nnekaregy(f): 3:52pm On Nov 25, 2013 |
Fidelity bank,they deliver within 48 hours,lower transfer charges and the option of paying your charge through your naira account. |
Re: Nigerian Bank With The Best Domiciliary Account System? by OreTosin: 3:53pm On Nov 25, 2013 |
Try Stanbic Ibtc. You can make transfer online. Gtb is also good but could be slow at times. Not there fault, have a lot of customers to attend to. But I have used both and they are okay. There charges are almost the same too. |
Re: Nigerian Bank With The Best Domiciliary Account System? by ccaramel(f): 3:55pm On Nov 25, 2013 |
I have been using zenith bank with no issues. Always 24hrs to receive the funds in Canada or the US! |
Re: Nigerian Bank With The Best Domiciliary Account System? by Eyop: 4:35pm On Nov 25, 2013 |
What makes Fidelity bank better than Zenith and GTB |
Re: Nigerian Bank With The Best Domiciliary Account System? by tomakint: 4:47pm On Nov 25, 2013 |
texaco1: Hello ,please I will like to know which of the nigerian banks has the best domiciliary account services in nigeria.Ore mi ma gora e, na GTB |
Re: Nigerian Bank With The Best Domiciliary Account System? by texaco1: 4:48pm On Nov 25, 2013 |
Eyop: What makes Fidelity bank better than Zenith and GTBgood question |
Re: Nigerian Bank With The Best Domiciliary Account System? by Nobody: 4:50pm On Nov 25, 2013 |
pls what is the meaning of domiciliary account. u guys sounds detailed of this topic but no one wanna educate thousands of us that do not. |
Re: Nigerian Bank With The Best Domiciliary Account System? by texaco1: 4:53pm On Nov 25, 2013 |
kenonze: pls what is the meaning of domiciliary account. u guys sounds detailed of this topic but no one wanna educate thousands of us that do not.a domiciliary account is a type of account that is used to do foreign transactions . it can be used to receive money from abroad or used to send money to other countries . this is a feature which is not available to other account types . are you ok now ? |
Re: Nigerian Bank With The Best Domiciliary Account System? by Eyop: 4:58pm On Nov 25, 2013 |
texaco1: You just gave him the Nairaland version but he would have save you the stress and make use of Google. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Chlbenze: 5:00pm On Nov 25, 2013 |
am so happy, seing expereince people contributing. between fidelity and ecobank which of them is better for dom. Acct |
Re: Nigerian Bank With The Best Domiciliary Account System? by Eyop: 5:02pm On Nov 25, 2013 |
Chlbenze: am so happy, seing expereince people contributing. between fidelity and ecobank which of them is better for dom. Acct To me none . Go to banks that have a name in foreign exchange transactions. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Chlbenze: 5:06pm On Nov 25, 2013 |
Eyop:which of the banks, cos my main objective of a dom. Acct is just to receive funds |
Re: Nigerian Bank With The Best Domiciliary Account System? by Eyop: 5:13pm On Nov 25, 2013 |
Chlbenze: which of the banks, cos my main objective of a dom. Acct is just to receive funds My brother go to GTB because the masses cannot be wrong. Every bank has its own flaws but that doesn't mean it should be condemned out rightly. GTB has been in this Foreign Exchange stuff for a long time now and most people i know keep praising them but apart from GTB you can also choose First Bank,Zenith and Stanbic IBTC. These are all banks with a name and will do everything to maintain standard. Forget about Fidelis Bank oh |
Re: Nigerian Bank With The Best Domiciliary Account System? by texaco1: 5:14pm On Nov 25, 2013 |
Chlbenze: which of the banks, cos my main objective of a dom. Acct is just to receive fundstry access bank |
Re: Nigerian Bank With The Best Domiciliary Account System? by sdavirus: 5:37pm On Nov 25, 2013 |
I've been using Skye bank since 2009. All these charges you guys are calling are sooo high. Its a naira account that you can also make dollar deposits in. Minimum amount transferable is $100, and I usually get a receipt for transfer within 48 hours. Charges are $10 + 1% of the amount you are transferring. So for $100, its just $11 for bank fees. Whatever convenience Gtbank or Access gives, I've not seen a better deal than Skye bank.....not so sure if the account plan is still on offer, u would have to check. |
Re: Nigerian Bank With The Best Domiciliary Account System? by Nobody: 5:44pm On Nov 25, 2013 |
Fidelity bank is the best and cheapest in terms of domicillary transactions. You can verify for yourself. |
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