How to open a GTBank domiciliary account

How to open a GTBank domiciliary account, this way you can spend more than the $20 monthly limit on international transactions with your Naira card. An international debit card issued in partnership with MasterCard Worldwide and directly linked to your MasterCard account. It is denominated in US Dollars, but can also be used to settle purchases in other currencies On POS and Online transactions. How to make transactions with your domiciliary account in Nigeria

Make foreign currency transactions conveniently from the comfort of your home, office, or anywhere in the world with your GTBank Domiciliary Account. Available in US Dollars, Pounds, or euros, you can fund your account via traveler’s cheques, foreign currency cheque lodgments, and cash inflows and deposits. You can also make withdrawals in Dollars from your domiciliary account in any GTBank branch.  GTB USSD code to transfer and check account balance

How much does it cost to open a GTB domiciliary account? Opening a GTB domiciliary account is free, however, the GTBank Debit MasterCard can be issued with a minimum of 1,000 Naira with an annual maintenance fee of $10.

How does the GTB domiciliary account work? The Guaranty Trust Bank Domiciliary Account allows customers to maintain accounts in foreign currencies. These accounts can be funded through traveler’s cheques, lodgement of foreign currency cheques, cash inflows, and cash deposits. Customers can withdraw cash or make transfers or payments to suppliers offshore.

Can I fund my domiciliary account with Naira? A domiciliary account, commonly called a “dom account,” is a type of account that doesn’t accept Naira (Nigerian currency). It does, however, accept foreign currencies such as euros, dollars, pounds, etc. The domiciliary account works like any other savings account. How to activate GTBank transfer code

What do I need to open a domiciliary account with GTB?

  1. Filled and signed Domiciliary Account opening form.
  2. A copy of identification document (Driver’s License, International passport, National I.D Card, or any other acceptable by the bank).
  3. One passport photograph.
  4. Two (2) completed reference forms.
  5. Utility bill issued within the last 3 months.

How to apply and get GTB Dollar Debit MasterCard

  1. Completed (USD) Domiciliary account form
  2. An issuance fee of N1,000 (or it’s equivalent in dollars).
  3. Annual Maintenance fee of $10 (or it’s equivalent in dollars).

Transaction Limits on the GTB Dollar Debit MasterCard

Transaction Limit
ATM Withdrawal1,000 USD daily (or equivalent in the local currency of transaction)*
POS / OnlineNo limit
Annual Spend LimitNo limit
A fee of $3.50 applies for every ATM withdrawal. 

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