Last Updated on July 1, 2024 by admin
Do you want to learn how to open a Unity bank Domiciliary Account or you want to know how to receive foreign currencies to your domiciliary accounts when your relatives or customers intend to send you either Dollar, Pound and Euro.
It’s more lucrative to receive foreign currencies via domiciliary account than receiving it in Naira due to high discrepancies in exchange rate between the official window market and Bureau De Change here in Nigeria
In this post we shall take a look at how to open a Unity bank dom account, requirements and how to receive foreign currencies to your domiciliary accounts.So get a cup of tea and relax while i walk you through on how to get it done with easy steps and guidelines.
What is Domiciliary Account
A Domiciliary Account is a foreign currency account that can be funded through foreign/local remittance and cash deposit.The account allows account holders to receive foreign currencies and also transfer . This type of account is suitable for individuals that want a foreign currency account.
What are the Features and Benefits of Unity bank Domiciliary account?
Unity bank Domiciliary account has the following features and benefits as adumbrated below.
1. Opening balance $100 (€, £) or its equivalent in € & £
2. Direct remittances
3. Interest payment on deposit
4. Foreign and home remittances
5. Commission per transfer of 1% of transaction amount.
6. Telex charge flat fee of $38
7. Withdrawals in foreign denominated currencies
How to Open Unity bank Domiciliary account
To Open Unity bank Domiciliary account you need to visit any branch closest to you to complete your account registration process
1. fill your account form
2. Get 3 references from your friends or family that have a current account . But can be omitted if you have a current account with unity bank
3. submit other documents as required by the bank , such as identification card , electricity bills , BVN .Etc
4. Deposit $100 (€, £) or its equivalent in € & £ as part of requirements
5. Once done your account number will be sent to you via email or phone that’s attached to your application during the registration process.
How to receive foreign into your Unity bank Domiciliary account here in Nigeria
To receive Forex transfer to your Unity bank account , customers must have an operational Dom account . Unitybank Plc also receives domiciliary inflow on behalf of our customers into their domiciliary accounts.
The following Unitybank Plc correspondent bank details must be quoted by the sender for you to receive the inflow promptly:
FOR U.S DOLLARS (USD) ONLY
BANK NAME: ODDO BHF BANK
SWIFT CODE : BHFBDEFF
ACCOUNT NAME : UNITY BANK PLC
SWIFT CODE : ICITNGLA
ACCOUNT NUMBER : 0100715433
INTERMEDIARY BANK: THE BANK OF NEW YORK MELLON
SWIFT CODE: IRVTUS3N
FOR POUNDS STERLING(GBP) ONLY
BANK NAME: ODDO BANK BHF
SWIFT CODE: BHFBDEFF500
ACCOUNT NAME: UNITY BANK PLC
SWIFT CODE: ICITNGLA
ACCOUNT NUMBER: DE88 5002 0200 0200 7154 33
INTERMEDIARY BANK: HSBC PLC LONDON
SWIFT CODE: MIDLGB22
FOR EUROS ONLY
BANK NAME: ODDO BANK BHF
SWIFT CODE: BHFBDEFF
ACCOUNT NAME: UNITY BANK PLC
SWIFT CODE: ICITNGLA
ACCOUNT NUMBER: 0000715433
Please Note that the beneficiary’s account number in Unity Bank Plc must be quoted alongside the details to enable unity bank apply funds.
