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Who Use First Bank Savings Account For Google Adsense Payment / Please Can I Use My Normal Savings Account To Receive Adsense Payment / HELP! Can I Receive My Adsense Payment To Gtbank Savings Account (2) (3) (4)

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Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by CuriousX: 2:23pm On Sep 27, 2017
Good Day Fam

Please i will like to know if there is any Nigerian bank whose savings account can receive Google Adsense payment. If yes i will like to know if there are any disadvantages of using a savings account instead os a dorm account. looking forward to your replies. Thank you

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by FitnessDoctor: 3:10pm On Sep 27, 2017
CuriousX:
Good Day Fam

Please i will like to know if there is any Nigerian bank whose savings account can receive Google Adsense payment. If yes i will like to know if there are any disadvantages of using a savings account instead os a dorm account. looking forward to your replies. Thank you
The only disadvantage is that when exchange rate is 370 and you use a savings account you can be paid either 270 - 300 when the dollars is converted by the bank itself.

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 3:36pm On Sep 27, 2017
FitnessDoctor:
The only disadvantage is that when exchange rate is 370 and you use a savings account you can be paid either 270 - 300 when the dollars is converted by the bank itself.
Huh??
But bro, if you use a dorm acct, you'll be paid exactly the rate of the dollar?

1 Like

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 3:46pm On Sep 27, 2017
froshb2k:

Huh??
But bro, if you use a dorm acct, you'll be paid exactly the rate of the dollar?
With a domiciliary account, you'll be given dollars in cash. And you can exchange that for Naira at current black market rates.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 4:08pm On Sep 27, 2017
webincomeplus:

With a domiciliary account, you'll be given dollars in cash. And you can exchange that for Naira at current black market rates.
Okay Bro, Now I Understand....
But bro, do all nigerian banks have dorm acct cos i would like to open one if am ready to host a blog...

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by FitnessDoctor: 4:16pm On Sep 27, 2017
froshb2k:

Huh??
But bro, if you use a dorm acct, you'll be paid exactly the rate of the dollar?
Yes that is why its called a dorm account, you will withdraw the money in dollars and change it in Hausa Quarters
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 4:20pm On Sep 27, 2017
froshb2k:

Okay Bro, Now I Understand....
But bro, do all nigerian banks have dorm acct cos i would like to open one if am ready to host a blog...
Yes, but GTB is best, based on my personal experience.

10 Likes

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 6:21pm On Sep 27, 2017
webincomeplus:
Yes, but GTB is best, based on my personal experience.
Okay bro! Thats the bank i want to open with.... Bro do you know about blogging?
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 9:50pm On Sep 27, 2017
froshb2k:
Okay bro! Thats the bank i want to open with.... Bro do you know about blogging?
Yes, I'm a blogger with many blogs.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 9:50pm On Sep 27, 2017
froshb2k:
Okay bro! Thats the bank i want to open with.... Bro do you know about blogging?
Yes, I'm a blogger with many blogs.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 9:50pm On Sep 27, 2017
froshb2k:
Okay bro! Thats the bank i want to open with.... Bro do you know about blogging?
Yes, I'm a blogger with many blogs.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by hollawaley2: 2:07am On Sep 28, 2017
CuriousX:
Good Day Fam

Please i will like to know if there is any Nigerian bank whose savings account can receive Google Adsense payment. If yes i will like to know if there are any disadvantages of using a savings account instead os a dorm account. looking forward to your replies. Thank you
I usually receive my Adsense earnings thru my union bank savings account and they pay me the real dollar rate. I don't know what the other poster is talking about

5 Likes

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by CuriousX: 4:34am On Sep 28, 2017
hollawaley2:

I usually receive my Adsense earnings thru my union bank savings account and they pay me the real dollar rate. I don't know what the other poster is talking about

This is good news,Please what rate did they use for you the last time you received payment? Is it possible for them to give you the dollars to go change by yourself? Thanks
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by hollawaley2: 5:45am On Sep 28, 2017
CuriousX:


This is good news,Please what rate did they use for you the last time you received payment? Is it possible for them to give you the dollars to go change by yourself? Thanks
, last time it was 143$ and was around 43k i even calculated it online, no deductions or shiit. once you choose wire transfer on adsense as means of payment, and you put a savings bank acct, they'll wire you the money and bank would change it to naira to enter your bank account

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by Finstar: 6:20am On Sep 28, 2017
hollawaley2:

I usually receive my Adsense earnings thru my union bank savings account and they pay me the real dollar rate. I don't know what the other poster is talking about

Sam here.. Although the bank usually charge a little fee
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 6:30am On Sep 28, 2017
hollawaley2:

, last time it was 143$ and was around 43k i even calculated it online, no deductions or shiit. once you choose wire transfer on adsense as means of payment, and you put a savings bank acct, they'll wire you the money and bank would change it to naira to enter your bank account
Getting N43,000 for $143 means the bank exchanged for you at N300/$. That's what banks do if you use your local savings account (they change at the official exchange rate which is around N305/$).

But if you were to use a domiciliary account, you'd have been able to withdraw your dollars in cash. And you'd have gotten N51,000 instead (based on black market rate of N360/$).

For those earning few hundreds of dollars from Adsense, you might be fine with losing about N60 from every Naira, but by the time you start earning over a thousand dollars (like I do), it won't make sense to you again. And that's because if you have $1,000 for example, a local account will get you N305,000 or slightly less, but a domiciliary account will ultimately get you N360,000. N55,000 is a huge difference!

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 6:37am On Sep 28, 2017
webincomeplus:

Getting N43,000 for $143 means the bank exchanged for you at N300/$. That's what banks do if you use your local savings account (they change at the official exchange rate which is around N305/$).

But if you were to use a domiciliary account, you'd have been able to withdraw your dollars in cash. And you'd have gotten N51,000 instead (based on black market rate of N360/$).

For those earning few hundreds of dollars from Adsense, you might be fine with losing about N60 from every Naira, but by the time you start earning over a thousand dollars (like I do), it won't make sense to you again. And that's because if you have $1,000 for example, a local account will get you N305,000 or slightly less, but a domiciliary account will ultimately get you N360,000. N55,000 is a huge difference!
So bro, your point is that a domicilliary account is better to receive adsense payments.

2 Likes

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by gidimasters(m): 6:43am On Sep 28, 2017
froshb2k:

So bro, your point is that a domicilliary account is better to receive adsense payments.
That's the bottomline

1 Like

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by damosade(m): 6:50am On Sep 28, 2017
Try first bank Dom acct. Still the best so far

1 Like

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 6:53am On Sep 28, 2017
froshb2k:

So bro, your point is that a domicilliary account is better to receive adsense payments.
Yes. But to create one you'll need 2 refrees with current accounts of at least 6 months old (preferably same bank), a valid ID (int'l passport, driver's license, or national ID), and $100 initial deposit (for GTB). You can withdraw the initial deposit later, though.

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by ajimotoke(m): 6:55am On Sep 28, 2017
webincomeplus:
Yes, I'm a blogger with many blogs.
how do link my bank to AdSense to receive payment? thanks
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by j4sure(m): 6:58am On Sep 28, 2017
alright now

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 6:59am On Sep 28, 2017
webincomeplus:

Yes. But to create one you'll need 2 refrees with current accounts of at least 6 months old (preferably same bank), a valid ID (int'l passport, driver's license, or national ID), and $100 initial deposit (for GTB). You can withdraw the initial deposit later, though.
Can your $100 initial deposit be in naira if you don't have dollar to deposit?
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 6:59am On Sep 28, 2017
damosade:
Try first bank Dom acct. Still the best so far
They've been acting stupid lately. In the past three months, it's been taking them about 3 days to credit my account after Adsense pays. This month, they held my funds for 4 business days.

My other Adsense pays into my GTB domiciliary account, and it has never gone past 1 business day before GTB credits my account.

My experience with Access wasn't cool, too. You have to call those ones on phone before they credit your account. The same applies to First bank at times. But I've never had to call GTB before they do the needful.

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Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 7:01am On Sep 28, 2017
froshb2k:

Can your $100 initial deposit be in naira if you don't have dollar to deposit?
No, they won't accept that. You have to buy $100 from those mallams. You can only deposit in dollars.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 7:04am On Sep 28, 2017
webincomeplus:

No, they won't accept that. You have to buy $100 from those mallams. You can only deposit in dollars.
Which mallams have you been talking about?
You mean the exchange markets?
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by webincomeplus(m): 7:05am On Sep 28, 2017
froshb2k:
Which mallams have you been talking about? You mean the exchange markets?
I mean BDC operators na.

5 Likes 1 Share

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by santopelele(m): 7:06am On Sep 28, 2017
webincomeplus:
Yes, I'm a blogger with many blogs.
guy, I needs more info from you about this blogging stuffs
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by layus296: 7:09am On Sep 28, 2017
Pls I need a blog with ad sense how do I go about it

1 Like

Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 7:13am On Sep 28, 2017
layus296:
Pls I need a blog with ad sense how do I go about it
To Make It Easy For You!
Create a free blog at blogger.com and design your blog...
Buy a custom domain for your blog...
Then if you can't have patience for adsense to approve you(upto 3 months) then i suggest you buy an adsense account.
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by froshb2k: 7:14am On Sep 28, 2017
webincomeplus:
I mean BDC operators na.
I've not heard of such name before..
Re: Adsense: Which Nigeria Bank Savings Account Can I Use To Receive Payment by Emeka71(m): 7:16am On Sep 28, 2017
webincomeplus:

With a domiciliary account, you'll be given dollars in cash. And you can exchange that for Naira at current black market rates.
Then that means the inter-bank exchange rate is better because if you approach the markets I can bet you that those mallam would cheat you they could exchange for you at N200 I have experienced transaction with those mallam they exchanged dollar for N200 for me when the dollar cost N385 at that time. shocked
webincomeplus:

With a domiciliary account, you'll be given dollars in cash. And you can exchange that for Naira at current black market rates.
Then that means the inter-bank exchange rate is better because if you approach the markets I can bet you that those mallam would cheat you they could exchange for you at N200 I have experienced transaction with those mallam they exchanged dollar for N200 for me when the dollar cost N385 at that time.

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