Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,161,446 members, 7,846,857 topics. Date: Saturday, 01 June 2024 at 04:20 AM |
Nairaland Forum / Nairaland / General / Travel / Inquiry On Domiciliary ACCOUNT (192 Views)
Inquiry On Studying In Turkey. / Should I Get A Domiciliary Account Now? / Inquiry On First Time Travel To Europe (2) (3) (4)
Inquiry On Domiciliary ACCOUNT by icenti: 9:23pm On May 14 |
Please I’ve noticed people usually use third party apps like LemFi and eversend to send money from Nigeria to overseas. Is there a reason why they do not want to create a domiciliary account, fund it with USD and then spend from their card outside Nigeria or do a wire transfer to their foreign bank? Someone educate me. |
Re: Inquiry On Domiciliary ACCOUNT by Maria96: 11:22pm On May 14 |
icenti:https://nairametrics.com/2020/02/23/cbn-restricts-withdrawal-of-foreign-currency-deposits/?amp=1 under buhari/ emeifele. Dom accounts funded with cash could not be transferred. Transfer fees too are high using dom account. So many people just looked for alternatives. |
Re: Inquiry On Domiciliary ACCOUNT by icenti: 3:48pm On May 15 |
Maria96: Has this been reviewed or it’s still the same? |
Re: Inquiry On Domiciliary ACCOUNT by Maria96: 5:39pm On May 15 |
icenti:Reviewed but people have moved on. In some countries transfer from Nigeria is flagged or doesn’t go through. In summary Dom account is not worth it unless you are a businessman or earn from social media contents |
(1) (Reply)
Owner Of Parcel King Cries Out About His Business In Ireland / Only 200 Passengers Allowed On Incoming International Flights, NCAA Says / US Travel Bans Came Too Late For New York City, CDC Study Finds
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |