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Should I Open A Domiciliary Account? Why? - Business (7) - Nairaland

Nairaland Forum / Nairaland / General / Business / Should I Open A Domiciliary Account? Why? (37307 Views)

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Re: Should I Open A Domiciliary Account? Why? by Truth234(m): 10:20am On Sep 21, 2021
gremp:


Does FCMB require referrals like other banks.

NO
Re: Should I Open A Domiciliary Account? Why? by gremp(m): 10:25am On Sep 21, 2021
Truth234:


NO

Okay thanks.
Re: Should I Open A Domiciliary Account? Why? by iyke1989(m): 11:03pm On Sep 22, 2021
emmnprince:


Na wetin I do be that! Access bank are doing me well.
what benefits do you enjoy and how much you take open am?
Re: Should I Open A Domiciliary Account? Why? by yetunsbay(m): 3:01am On Sep 23, 2021
Is there any charges on over the counter withdrawal by banks ?

Does maintaining a minimum balance applies ?
Re: Should I Open A Domiciliary Account? Why? by och12(m): 1:35pm On Nov 10, 2022
Very valid point, but have you considered a risk of Binance being hacked or experiencing any other forms of operational/business issues that may erode your investment.

smeag0l:
No, Naira will not go extent. CBN will simply pass a new law converting all the monies in the domiciliary accounts to naira at the official exchange rate. OP, please I beg you, do download a binance wallet now and keep your money there to avoid stories that touch. With your domiciliary account in a Nigerian bank, you're really no different from someone who owns a naira savings account. You're just one regulation away from having your money lose immense value.
Re: Should I Open A Domiciliary Account? Why? by smeag0l(m): 6:24pm On Nov 10, 2022
You can open an overseas current account if you have the mens to travel there
och12:
Very valid point, but have you considered a risk of Binance being hacked or experiencing any other forms of operational/business issues that may erode your investment.

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