How to Open a Domiciliary Account at GTBank, Step by Step

A domiciliary (“dom”) account lets you hold and transact in dollars, pounds or euros — essential for anyone receiving foreign currency, paying abroad or saving in a stronger currency. Here is how to open one at GTBank, with the same logic applying at most Nigerian banks.

What you need

• A valid ID (international passport, driver’s licence or national ID) and your BVN.
• A recent utility bill or proof of address, and passport photos.
• An existing GTBank account helps, but you can open fresh.

The steps

• Apply through the GTBank app, internet banking, or a branch; pick the currency (USD/GBP/EUR).
• Complete the account-opening form and submit your documents and BVN.
• Fund the account with genuine foreign currency — a transfer in, or cash deposit where allowed.

Using it well

A dom account pairs naturally with a dollar card for online spending, and it is the cleanest way to receive money from abroad. When you convert the balance to naira, do it at the live USD to Naira rate rather than accepting a weak desk rate. For the full picture, see our domiciliary account guide.