Last Updated on May 29, 2023 by admin
The Unity Bank Domiciliary Account is a foreign currency account that can be funded with US. dollars, British pounds and euro through foreign/local remittance and cash deposit
This type of account is designed for Individuals that want a foreign currency account. The Opening balance for unity bank dom account is $100 (€, £) or its equivalent in € & £ also you can only make foreign deposit and Withdrawals on this account .
This type of account is suitable for blogger, content creator and international business man and woman who intend to Receive foreign transfer and make foreign Payment from Nigeria to another country
Product Features and Benefits
1. Opening balance $100 (€, £) or its equivalent in € & £
2.Direct remittances
3. Interest payment on deposit
4. Foreign and home remittances
5. Commission per transfer of 1% of transaction amount.
5. Telex charge flat fee of $38
6.Withdrawals in foreign denominated currencies
Related: List of All Glo USSD Codes: Transfer, Data, and More
Types of Unity bank Domiciliary Accounts?
There are basically two types of Unity bank domiciliary accounts. They are:
- Savings Domiciliary Account
- Current Domiciliary Account
Unity bank Savings Domiciliary Account
This domiciliary account type is a foreign currency account that enables a person to save funds in foreign currencies and withdraw them through a bank teller.
These account holders can equally issue cheques to third parties.
Unity bank Current Domiciliary Account
On the other hand, a current domiciliary account is similar to a current account and is typically used by enterprises or business people.
Related: How to Register Wema Bank USSD Code
How to Open Unity bank Domiciliary Account
Any individual or business can open unity bank domiciliary account as long as they have the requirements listed below;
1, A completed account opening form given by the bank
2. Recent passport photographs
3. Proof of address such as a utility bill
4. Referee letters
5. A minimum opening balance (varies from bank to bank)
6. A government-issued ID
How to transfer money from Unity bank Domiciliary account
You can easily transferring foreign currencies from your Unity domiciliary accounts to the beneficiary abroad all you need is to follow the steps below:
1. Customers must written request for Domiciliary transfer stating details of beneficiary
2. Account must be adequately funded to accommodate both the principal and charges
How to receive money on your Unity bank Domiciliary account
Your account number in Unity Bank Plc must be quoted alongside the details to enable the bank apply funds.
FOR U.S DOLLARS (USD) ONLY
BANK NAME: ODDO BHF BANK
SWIFT CODE : BHFBDEFF
ACCOUNT NAME : UNITY BANK PLC
SWIFT CODE : ICITNGLA
ACCOUNT NUMBER : 0100715433
INTERMEDIARY BANK: THE BANK OF NEW YORK MELLON
SWIFT CODE: IRVTUS3N
FOR POUNDS STERLING(GBP) ONLY
BANK NAME: ODDO BANK BHF
SWIFT CODE: BHFBDEFF500
ACCOUNT NAME: UNITY BANK PLC
SWIFT CODE: ICITNGLA
ACCOUNT NUMBER: DE88 5002 0200 0200 7154 33
INTERMEDIARY BANK: HSBC PLC LONDON
SWIFT CODE: MIDLGB22
FOR EUROS ONLY
BANK NAME: ODDO BANK BHF
SWIFT CODE: BHFBDEFF
ACCOUNT NAME: UNITY BANK PLC
SWIFT CODE: ICITNGLA
ACCOUNT NUMBER: 0000715433