How To Convert Dollar To Naira on Access Bank App (Online) + Open Domiciliary Dollar Account



If you want to open an Access bank domiciliary account or want to know how you can convert dollars to naira on the Access bank app (convert fx access bank) without going to the bank, then in this tutorial guide. we walk you through the step-by-step and all you need to know about Access Bank Dollar Account.

Here is an overview of what you will know about;

Access bank domiciliary account transfer
Access bank domiciliary account transfer charges
How to buy dollars from Access Bank
Access bank international transfer charges
Access bank international transfer details
Access bank domiciliary account transfer
Access bank international transfer limit
access bank domiciliary account transfer limit
Access bank dollar account requirements

How To Open Dollar Account in Access Bank (Requirement, Minimum Deposit and Transfer Limit)

To open an Access Bank domiciliary account in Nigeria, you can follow these steps:

  1. Visit a Local Access Bank Branch: Locate a nearby Access Bank branch in your area. You can check their official website or use Google Maps to find the nearest branch to your location.
  2. Gather Required Documents: Make sure you have the necessary documents and identification. These typically include:
  • Valid means of identification (e.g., international passport, driver’s license, national identity card).
  • Proof of address (utility bill, bank statement, or other official documents).
  • Passport-sized photographs.
  • Two Referral (Garantors) with Current Account.
  • A completed account opening form. You can obtain this form at the bank or sometimes download it from the bank’s website.
  1. Visit the Bank: Go to the Access Bank branch with your documents. do confirm the specific requirements for opening a domiciliary account, as these may vary over time but you will also need referrals that have corporate accounts either with them or other banks that will serve as guarantors..
  2. Request a Domiciliary Account Opening: Speak to the Access Bank Customer care person and let them know that you want to open a domiciliary account. They will guide you through the process.
  3. Fill Out the Application Form: Complete the account opening form provided by the bank. Be sure to fill in all the required information correctly.
  4. Submit Your Documents: Provide the bank with your identification, proof of address, passport-sized photos, and the completed application form.
  5. Initial Deposit: Most banks require an initial deposit to activate the domiciliary account. Ask the bank about the minimum deposit required. it must be the currency of the account you want to open like a dollar or euro in cash to deposit, Access Bank’s minimum deposit is $100 but if you can communicate well with your account officer, you can pay what you have.
  6. Signature Mandate: You may need to provide a signature mandate, which is your official signature for the account.
  7. Wait for Account Activation: After you’ve submitted all the required documents and the initial deposit, the bank will review your application. Once approved, they will activate your domiciliary account and you get your dollar account number.
  8. Receive Account Details: You will receive your account details, including your account number and other relevant information via SMS.
  9. Access Your Account: You can now start using your Access Bank domiciliary account for foreign currency transactions. You can deposit and withdraw foreign currency, make international transfers, and hold foreign currency in this account with the mobile app (AccessMore App).

Remember that bank requirements may vary, so it’s a good practice to contact your Access Bank branch or visit their official website to confirm the most up-to-date account opening procedures and requirements.

However, If you already have a Naira account with Access Bank and want to open a dollar account. contact your account officer.

Now you have a Domiciliary Account with Access Bank, how to convert dollars to naira, do international transfers, limit and charges.

Can I change dollar to naira in Access Bank?

Here is the new step to convert dollar to naira on Access Bank app online (using Convert FX feature)

How To Convert Dollar To Naira on Access Bank App Online (Convert FX)

The current FX (foreign exchange) rate on Access bank for dollar to naira today as at of the time this video was made is 750 per dollar.

Here is a detailed video guide on how to convert Dollar to naira on access bank online.

  • Login To Access More App.
  • Navigate to the Access Transfer.
  • Swipe to “Convert FX” feature (it is a new feature in the app).
  • Check the dollar to naira rate today, if you are ok with it.
  • Enter the amount of dollar you wish to convert to naira.
  • Click on summit.
  • Immediately, you get debit from your dollar account and get credited to your naira account on the Access bank app.

The process is streamless and easy but the rate is far different from Dollar to naira rate today at black market.

Dollar To Naira Black Market Rate Today is 930 while Access Bank Dollar to Naira is 750.

930 – 750 = 180.

So, the difference is 180 naira difference.

Looking for a convient way to buy and sell your dollar, you can send to another Dollar Access bank Account from the app maybe to Aboki FX or any Exchanger you are sure of.

How To Send Dollar From Access Bank to Access Bank

  • Login to the Access Bank App.
  • Tap on the “Foreign Currency” menu.
  • Check if your domiciliary account is visible and the account number is the one you want to use.
  • Enter the amount you want to transfer.
  • You can decide who pay for the International Transfer, if you want receiver to pay for the charges. check on the “Beneficiary Pays the Fee”.
  • Enter Purpose of Transfer.
  • Other form field is optional.
  • Enter your email to receive a receipt for the transaction.
  • Then, Send.

If you have an issue sending funds to the other person, kindly visit the Access Bank Branch close to you and or use the Foreign Currency Transfer Form To deposit in the other receiver’s account.

Hope this guide helps you know about access bank domiciliary account transfer, access bank domiciliary account transfer charges, how to buy dollars from access bank, access bank international transfer charges, access bank international transfer details, access bank domiciliary account transfer, access bank international transfer limit, access bank domiciliary account transfer limit, access bank dollar account requirements.


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