Do you need to know how to open a domiciliary account with Polaris bank? Polaris smart banking makes this process easy, transparent and accessible. This article outlines a step-by-step guideline, flashing light onto the benefits, procedures and everything you need to know about setting up your domiciliary account.
What is a Domiciliary Account?
A domiciliary account is a bank account that holds funds in foreign currencies. With the prevailing foreign exchange instability, several individuals and businesses resort to a domiciliary account to safeguard their finances. Polaris bank is one of the banking institutions that offer this service in Nigeria.
Why Open a Domiciliary Account with Polaris Bank?
Polaris bank domiciliary account comes with several perks. Ranging from easy international transactions to savings in foreign currencies, the advantages are diverse and beneficial. But the question is, why should you choose Polaris Bank?
Polaris smart banking brings service, reliability and convenience. This easily summarizes why one should consider opening a domiciliary account with Polaris Bank. Their service delivery ensures customer satisfaction whilst staying competitive in the banking sector.
You May Also Read: A Guide On How To Use Polari USSD Code For Transactions
How to Open Domiciliary Account with Polaris Bank?
Opening a domiciliary account with Polaris Bank is simple, new and existing customers can open an account with ease. Here are the steps to follow:
- Visit a Polaris Bank branch near you.
- Request to open a domiciliary account.
- Fill out the application form and submit the necessary requirements.
- Wait for your account to be activated.
What are the Requirements?
To open a domiciliary account, the following are the basic requirements:
- Valid identification (Driver’s license, International passport, National ID)
- Proof of address
- Two passport photographs
- Two references from current account holders (within Polaris Bank or other banks)
Conclusion
Opening a domiciliary account with Polaris Bank is as simple as ABC with Polaris smart banking. Always check exchange rates and charges before performing transactions. With Polaris Bank, you can be sure of a reliable, easy and convenient banking experience.