How to Open a Domiciliary Account at Keystone Bank: Steps and Rates

13 October 2026 - Naira Briefing

Keystone Bank rounds out the list of Nigerian banks offering domiciliary accounts, giving you another option to hold USD, GBP or EUR locally. Whether you receive from abroad or save in hard currency, the account avoids an immediate naira conversion — the steps follow our domiciliary account guide.

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Documents and steps

  • Valid ID, BVN and passport photos.
  • Proof of address and the account-opening form.
  • Business customers add incorporation documents.

The rate still decides

As with every bank, the dom account holds the currency but does not set the FX rate — the conversion does, and it can sit below market. See how banks price FX for the margin, and check the live USD rate before a large move. Compare named banks using our dom-account cluster.

Converting for a dom account? Message us — we settle naira-to-dollar both ways at a market-based rate.
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