Forex Traders Who Intend To Open A Domiciliary Bank Account Please Beware!

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Date: July 26, 2008, 08:56 PM
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Nairaland Forum  |  General Discussion  |  Career (Moderator: debosky)  |  Forex Traders Who Intend To Open A Domiciliary Bank Account Please Beware!
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Author Topic: Forex Traders Who Intend To Open A Domiciliary Bank Account Please Beware!  (Read 142 views)
goldhive (m)
Forex Traders Who Intend To Open A Domiciliary Bank Account Please Beware!
« on: March 20, 2008, 05:01 PM »

I have observed that many nigerians who open a domiciliary account in fidelity bank find it difficult to withdraw their money from their forex broker. This is because the bank cannot provide its swift code (probably it doesn't have) Rather, they only give you the swift code of their correspondence bank (CITIUS33) which is not sufficient for most forex brokers who insist on your bank's main swift code (every standard bank ought to have its swift code) the worst part is that some of the bankers do not really understand international fund transfer details and cannot help you. Please i strongly suggest you look for a better bank with its own swift code. Personally i recommend GT bank.
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