How to Open a Guaranty Trust Bank(GTB) Domiciliary Account
In today’s article we are going to discuss on how to open a domiciliary account with Gtbank.
Why do you need a domiciliary account
Let me tell you this:
As a blogger after I got approved by Google AdSense and I began working and hustling and the AdSense clicks came and the earnings increased and then finally when it reached the threshold , I needed to cash out then the issues of domiciliary account came in.
Although I could receive the Adsense earning to my normal savings account but I would be battling with the bank exchange rates so I made up my mind to get a domiciliary account and that have been helpful to me.
- Firstly I receive the raw dollar which many Blogger don’t receive.
- Then I go to Aboki to do the exchange which is quite higher than the bank exchange rate.
So this was how I got my own domiciliary account.
When I got to the bank to first make inquiry I was given two forms for refree to be signed by Gtbank current account holders.
Other requirements include
Requirements For Opening A Domiciliary Account
- A recent Utility Bill eg. PHCN bills, Water Bill, light bills etc
- Means of Identification eg. National ID card, Voters card, Drivers license, International Passport
- Recent Passport photographs
With all those you’d be able to open your domiciliary account within an hour and you can now exchange the dollar with the black market price.
Thanks for reading this post on how to open a domiciliary account with Gtbank.