How To Open A Domiciliary Account With First Bank

A Domiciliary Account With First Bank allows you save foreign currencies such as the US Dollars, the Great Britain Pounds Sterling or the Euro; while your money is valued at the prevailing exchange rate, having your savings in these currencies makes doing business internationally a lot easier, especially if you operate an international business venture.

First bank Domiciliary accounts enable individuals and businesses to receive and make payments in foreign currency. These accounts facilitate your international transactions and can be accessed through cash deposits, traveler’s cheques or foreign currency cheque deposits.

Why Choose this Account?

It allows no limit to the number of withdrawals in a month
Guaranteed foreign currency deposit

Who Can Apply?

Domiciliary Account

Individuals and Corporate organisations can operate this account.

What Documents do you Need?

Duly completed Account Opening Form
Duly completed specimen signature card
Two (2) recent passport photographs
Address verification document: Utility Bill
Valid means of identification e.g. International passport, Drivers license or National ID card
Resident permit

Need a foreign currency account? Our domiciliary accounts give you the opportunity to conveniently carry out foreign transactions wherever you may be. With access to our debit cards, internet banking, and mobile banking application, your transfers, payments, standing orders etc. can be done without you walking into our banking halls.

FEATURES & BENEFITS OF OPENING A DOMICILIARY ACCOUNT WITH FIRST BANK

Zero opening balance
Internet Banking
Debit Card (USD)
Mobile banking
Email/SMS Alerts
Standing orders
USD, GBP & EUR

REQUIREMENTS TO OPEN A FIRST BANK DOMICILIARY ACCOUNT

Account opening form (existing account holders with full
documentation only require a written letter or completion
of account opening form without the provision of any other
documentation).
One passport photograph of authorized signatories
Valid ID (Drivers License, International Passport, National Identity Card or Voters Identity Card)
Public Utility Receipt dated within the last three months
(PHCNbill, water rate bill, tenement rate, rent receipt, telephone bill etc.)
Visitation Report (Residence)

With access to First bank debit cards, internet banking and mobile banking application, your transfers, payments, standing orders etc. can be done without you walking into the banking hall.