A domiciliary account is an account maintained in foreign currencies other than Naira. The account can be opened immediately at any of our branches in the following currencies:
- US Dollars
- British Pounds
- Sterling Euro
The minimum opening balance for the Access Bank Domiciliary Account is Five hundred US Dollars (US $500) or its equivalent in Euro or Pounds Sterling, you can also earn interest on balances above $10,000 (Ten Thousand Dollars) or its equivalent.
The following transactions can be carried out on your domiciliary account:
- Telegraphic funds transfer – 3rd Party & Own
- Withdrawal of foreign currency cash and travelers cheques
- Deposit of foreign currency cash and travelers cheques
- Clearing of foreign currency cheques
- Foreign currency draft issuance
- Letters of credit
- Transfer of funds into your domiciliary account through any of our correspondent banks