What Is a Domiciliary Account and How Does It Work? (2026 New)

With more Nigerians working remotely, studying abroad, importing goods, exporting products, and receiving payments from overseas, owning a domiciliary account has become increasingly valuable. A Nigeria Dollar account allows individuals and businesses to receive, hold, and transfer foreign currencies without converting them immediately into Naira. Whether you are a freelancer, entrepreneur, student, or business owner,