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How To Open a Domiciliary Account with Zenith Bank in 2020
How to Open Domiciliary Account with Zenith Bank – Guide to Open a Domiciliary Account with Zenith Bank in 2020
Zenith Bank Domiciliary Account: Learn how to open a domiciliary zenith bank account today with this information below
How to Open a Domiciliary Account with Zenith Bank
Zenith Bank domiciliary account is a type of current account that gives the full permission for you to that allows you to finance your account with foreign currencies like pounds, euros, or dollars.
It also gives you the allowance to perform international transactions on the account.
Zenith Bank Domiciliary account can be used to send money to another country, as well as receive foreign cash from another state.
With a Zenith Bank domiciliary account, you are going to open the statement at the zenith bank branch close to where you reside.
After the application for the domiciliary account, wait for a maximum of 24hrs, and the account number would be sent to your phone number or email.
These are just the basics steps to follow on opening a zenith bank domiciliary account.
Types of Zenith Bank Domiciliary Accounts
Zenith Bank holds unto Two Distinct Types of Domiciliary account, and they are;
- Ordinary Domiciliary Account
- Cash Domiciliary Account
Both types of domiciliary accounts permit you to perform all foreign transactions whenever you want to.
Now let us have a quick but detailed look on the two types and classes of the domiciliary accounts, and all you need to know about them.
Zenith Bank Domiciliary Account Opening.
1. Ordinary Domiciliary Account
This Type of Domiciliary account gives the owner permission to carry out all foreign business transactions when or where he/she may be comfortable. Guaranteed access to internet banking, transfers, payments, debit cards, standing orders and mobile banking app. All these can be carried out without walking into the banking offices.
Ordinary domiciliary accounts have captured the following features and benefits:
Advantages of Opening an Ordinary Zenith Bank Domiciliary Account
- Internet Banking: all transactions carried out on the Zenith Bank ordinary domiciliary account can be performed online. Introduction of EASE in operations.
- Debit Card (USD): The Zenith Bank regular domiciliary account comes alongside with its debit card, which can conveniently help you make payments online.
- Mobile banking: Another Smooth feature and benefit of the zenith bank ordinary domiciliary account is the introduction of mobile banking. Transactions can be easily made at your home and also checking the account balance. All can be done once one has installed the zenith bank mobile app.
- Email/SMS Alertz: This is an excellent feature which gives full permission for users to get SMS and email alerts of all transactions made on the ordinary domiciliary account.
- Standing orders: a domiciliary zenith bank account users can give the bank instruction to select an amount of money and pay to another person’s account at regular intervals.
- USD, GBP & EUR – the Zenith Bank Ordinary Domiciliary Account is open and fully available to USD (U.S. Dollar), GBP (British Pounds), and EUR (Euro).
Criterias on Opening an Ordinary Zenith Bank Domiciliary Account
Below are the given requirements and criteria to open a zenith bank ordinary domiciliary account;
- An account opening form ( all existing account owners with complete documentation only need a written letter or account opening completion form without any need for another documentation).
- A single passport photograph of approved signatories.
- Original I.D. (Driving License, International Passport, National Identity Card or Voter’s I.D Card)
- A Public Utility Receipt that was given within the last three months ( Water Bill, Rent receipt or PHCN bill).
- A visitation Report or Residence Report
The Accessible Channels of an Ordinary Zenith Bank Domiciliary Account
- Zenith Bank Internet-Banking
- Zenith-Direct – the 24/7 hrs telephone banking channel.
- Zenith-Mobile Banking Application – 24/7 added to your smartphone
- Zenith-Bank ATM national – Free withdrawal of cash.
- Get 100% access to your account using the debit card issued to you at participating merchant stores for the payment of services and products all around Nigeria alongside the world.
2. Cash Domiciliary Account
The cash domiciliary zenith bank account gives a full function for you to make foreign transactions all around the world.
Holding features like debit cards, mobile banking app, payments and internet banking all performed with ZERO need for you to go to any zenith bank hall.
Cash domiciliary accounts have captured the following features and benefits:
Merits of Opening a Cash Zenith Bank Domiciliary Account
- Zero opening balance: When opening a cash zenith bank domiciliary account, you do not need to have any amount of cash or money at hand to help open or run the bank account using zenith bank. Kindly head up to the closest branch next to your house and talk to the customer care section and ask for your ordinary domiciliary account form, fill it correctly and submit. P.S. – You can also download the form online, fill, and present at the zenith bank office.
- Internet Banking: all transactions carried out on the Zenith Bank ordinary domiciliary account can be performed online. Introduction of EASE in operations.
- Debit Card (USD): The Zenith Bank regular domiciliary account comes alongside with its debit card, which can conveniently help you make payments online.
- Mobile banking: Another Smooth feature and benefit of the zenith bank ordinary domiciliary account is the introduction of mobile banking. Transactions can be easily made at your home and also checking the account balance. All can be done once one has installed the zenith bank mobile app.
- Email/SMS Alertz: This is an excellent feature that gives full permission for users to get SMS and email alerts of all transactions made on the ordinary domiciliary account.
- Standing orders: a domiciliary zenith bank account users can give the bank instruction to select an amount of money and pay to another person’s account at regular intervals.
- USD: the cash Domiciliary zenith bank Account is available and open only to U.S. Dollars.
- No transfers allowed: No transfers are permitted, cash in and cash out only.
Conditions on Opening an Ordinary Zenith Bank Domiciliary Account
Below are the given requirements and conditions to open a zenith bank cash domiciliary account;
- An account opening form ( all existing account owners with complete documentation only need a written letter or account opening completion form without any need for another documentation).
- A single passport photograph of approved signatories.
- Original I.D. (Driving License, International Passport, National Identity Card or Voter’s I.D Card)
- A Public Utility Receipt that was given within the last three months ( Water Bill, Rent receipt or PHCN bill).
- A visitation Report or Residence Report
The Open Channels of a Cash Zenith Bank Domiciliary Account
- EaZy-money
- Zenith Bank Internet-Banking
- Zenith-Direct – the 24/7 hrs telephone banking channel.
- Zenith-Mobile Banking Application – 24/7 added to your smartphone
- Zenith-Bank ATM national – Free withdrawal of cash.
- Get 100% access to your account using the debit card issued to you at participating merchant stores for the payment of services and products all around Nigeria alongside the world.
Bank charges applied to Zenith Bank Domiciliary Accounts
- Withdrawal of cash from funds transfers or cash inflow might attract a 1% charge.
- Withdrawals made from an originally deposited payment might attract a 0.5% charge.
Zenith Bank Domiciliary Account.
Steps on How to Open a Zenith Bank Domiciliary Account
- Go-to the nearest Zenith Bank Plc Bank Branch in your residence.
- Walk in the bank, head on to the customer care unit.
- Check out the requirements above and go with them.
- You would be given a domiciliary account form to fill.
- Please fill the form accurately and submit it back to the bank and wait for 24 hrs to get a response.
Get the Zenith Bank Online Domiciliary Account Form Below
Download Zenith Bank Domiciliary Form
Conclusion: How to Open a Zenith Bank Domiciliary Account
We have all seen how helpful this account can be for people in the business that deal internationally.
And you will strictly have to use the form attached above and follow the due process and procedures strictly to get your zenith bank domiciliary account opened fast and freely.
This account might just be a replacement of PayPal, as it gives similar benefits.
Need a foreign currency account? Use the Zenith bank domiciliary account today.
Thanks for your time to read this article.
NOTE: Opening of Zenith Domiciliary account is similar to opening a current bank account. This implies that the purpose of the zenith domiciliary account is for business transactions using foreign cash or money, and not for saving foreign money of any such.
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How to Open a Zenith Bank Domiciliary Account.
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