How To Receive Payment From Relatives/Customers In Abroad Securely
Good day and you are greatly welcomed once again.
I’m here to share with you how you can receive payment from Relatives/Customers in Abroad securely & With ease while in Nigeria.
You will agree with me that the well-known method is through the use of Western Union, Moneygram,wire transfer which are mostly through third parties and you will agree with me that most of these methods are not secure as you must have been hearing stories of people outsmart by fraudulent people as they must have gotten the details sent to them to present in bank as evidence and cash the money before the rightly owner of the cash gets there and may sometimes be expensive due to charges here and there while cash is coming over but make sure that you read this post to the end to see my findings on how to secure your cash and reduce costs/charges.
But the good news from my finding is to use DOMICILIARY account[an account that you operate in foreign currencies such as dollars,pounds,euros,Yen etc] which you can open with some banks as all you need to do is to make enquiries about this from the customer care section of your financial institution/bank by telling asking them to give you some more information about their domiciliary account service.
If you are in Nigeria,type “domiciliary account in Nigeria” into google and you will see several outcomes but for the reason of this post and the bank that I operate my account with,I will give an illustrative below based on these two and it goes thus:
Below is a detail that I sent to a friend of mine in USA who currently is to help me to withdraw a huge cash of my PayPal cash using his own USA bank account while he sent it to my own GTB Domiciliary account which I then cash out here in Nigeria:
“For transfer of USD into Domiciliary account through CITIBANK London using Guaranty Trust Bank[GTB];
Correspondent bank=> CITIBANK,LONDON
Swift code=> CITIGB2L
Sort code => 185008
For credit of =>Guaranty Trust Bank Plc,Lagos.Nigeria
Swift code =>GTBINGLA
IBAN number=> GB67 CITI 1850 0805 5116 15
For final credit of (your name associated with your GTB account) e.g ADESIDA OLUSEGUN A.
Beneficiary A/C No => (your account number with your GTB account) e.g 0035948390
Any other detail =>(sender’s details such as name,email,address and lots more but it is optional but sender’s name is neccessary)”
You too can do this by opening a domiciliary account with your bank or financial institution saving you costs and making you and your cash more secure.
To your success
Presegs Adesida
Feel free to drop your question here as comment or reach me on 08091833866.
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tnx for ds, pls where did u get d sort code and d IBAN number from?
You are welcomed!I got it from GTBank Customer Care Desk
My uncle wants to send me money from the USA but he told the last time he sent some money to me online on the computer via western union cost much charges…so he asked if he could send money online directly into my savings account like the last time can be sent too but using MONEYGRAM
Please reply asap
Reply you on what please?
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
He should be able to that via Skye Bank as they have a platform for that! !!
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
can someone abroad send money to my GTB savings account directly and which i can withdraw with my ATM.
Sorry!
That is not possible except the person sends it to your Domiciliary account with GTBank and you do FXsales
via their platform to your savings account.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Pls is the IBAN still relevant till date.
am expecting money into my domiciliary at gtb frm Jordan so I need the iban number. pls help
Pls does diamond bank also have a domiciliary account.
They surely have.Just speak with any of their customer care personnel.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Thanks Presegs for this valuable info. I will like to know how long it takes on the average to receive funds into your USD Domiciliary account from a foreign country (like the US or UK). Thanks
You are highly welcome.It depends on the country the money is coming from but it do take 1 to 2 weeks.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Hello,
So, how exactly can I use my domiciliary account in Nigeria to send money to a friend in Nigeria? Instead of using Western Union, how do I use my domiciliary account to send the money to someone in Nigeria? What steps are involved? The intended recipient does not have a domiciliary account, but he has a local savings account in Nigeria.
Thanks.
First of all, sincere apology for my late response.
Were you able to get the money across to him/her?
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Thank you Mr Adesida for this valuable info. Pls can i receive money from Qatar with my GTB,ACCESS acct and cash it directly?
You are highly welcome.
Yes but with domiciliary account! !!
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Even though there is some restrictions in Nigeria for PayPal. Do you think it is a good idea to get a USA PayPal from Auction Essistance to bypass some of this?
I won’t advise you go for that but you can visit http://www.naijappsecrets.com for more details on this.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
I need a domiciliary account bw myself and my wife in America. What do I require to open it for family upkeep.
Apology for late response! Are you in Nigeria or United States of America.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
What details do I need to send to my brother in USA in other to send money into my Skye bank domiciliary account?
You will need to give him your bank account number, IBAN number, bank address and some other few details. Just ask him for the details he needs to be able to initiate the transfer to your domiciliary account. Once you get that, go to your bank to give you the details which you can then send to him.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
Gtbank dom account is free to open. If you already have a savings or current account with GTB then it’s easier for you.
Thanks for your response but he has with SKYE bank but from your suggestion, that of GTBank will be better and faster.
Presegs Adesida[ADMIN] recently posted…Forex Trading;Is It Good Or Not?
This could be the best before now. Managing domiciliary account in Nigeria now is just too expensive.
There is other sure way to receive money in Nigeria without stress or fear or charges.
You might be right but the charges have been reduced! !!
Presegs Adesida[ADMIN] recently posted…What You Need To Know About PayPal
then send money to my Gtbank from USA but I did not see alert what did I do now, should I go bank and complain? please I need your reply
Kindly contact the sender first to be sure the money was not returned to his/her account
as a result of failure.
Presegs Adesida[ADMIN] recently posted…What You Need To Know About PayPal