How to Get GTBank Dollar Master Card in Nigeria, Charges & Limitations

I looked at my Naira Master Card, and I began to imagine how use-less internationally it is right now because every attempt to make international transaction with it proves abortive. According to my bank Dynamic Currency Conversion that allows you to pay in Naira, has been temporarily restricted on all  cards.

Meaning the only thing you can use Naira Master Card for right now is to cash out from Nigeria ATM stand and shop in Nigeria. The card makes no sense to me anymore. This prompted me to take a step further getting a Dollar Master Card. 

GTB Dollar Master Card makes a lot of sense; it is what I now use for my international transactions, linked to my PayPal account without any currency restriction. If you do online business, genuine blogger or freelancer, you simply need this card.

Benefits of Getting a Dollar Master Card

>>Global Acceptance, it is accepted globally as means of payments of anything

>>It can be used to make multiple payments across POS terminals, ATMs etc

>>It is easy to use and access your current balance.

How to Get GTB Dollar Master Card?

Getting the card is as easy as ABC so long you have a DOM account with GTBank. If you don’t have a DOM account, see how you can open one for yourself here.

>>If you already have a DOM account, go to the nearest GTBank closest to you and pick the Dollar Master Card application form.

>> Ensure you have a minimum balance of $50 in your DOM account.

For Non Account Holders, please refer to the link above to see how you can open a DOM account for yourself.

My Dollar Master Card was ready for pick up after 8 working days, you’ll be notified once its ready either via email or sms, in my case I got an email to come and pick it up.

How to Activate GTB Dollar Master Card?

The moment you pick up your card, your pin will be given to you but do not change the pin YET. You’ll be required to call GTConnect on this number 1800 right inside the bank and you’ll be asked some sensitive questions like the below;

>>Date of Birth, Account Number, your last transaction, Mothers maiden name and some other sensitive questions to be sure you are the owner of the said account.

The Rep will tell you to wait for 15minute to change your pin. After 15min change your pin and after which you can start using your card anywhere in the world from Nigeria without any restriction.

GTB Dollar Master Card Charges;

·         Card Issuance Fee: $20

·         Annual Fee: $18

·         ATM Withdrawals: $3.50 per withdrawal

·         POS & Online transactions: Free

·         POS cash advance: $6.25 + 0.1% of transaction amount

GTBank Dollar Master Card Transaction Limitations

ATM Withdrawal: $1000 (or equivalent in the local currency of any transaction)
POS: No Limit
Web (Online): No Limit

I know other banks too issue Dollar Card like Zenith that issue  Web Surfer Card. But if you know any other Dollar Card better than this one, please use the comment to tell us about it.

How to Open a Domiciliary (Foreign) Account With GTBank, Zenith Bank & Firstbank in Nigeria

Now that we have more people into online business, the best time to talk about Domiciliary account opening is now. Because in one way or the other, you will always want to transact business that involves foreign currency.

I do receive foreign currency from my clients abroad, but not into my Naira account. If you have been receiving foreign currency into your Naira account, then you are being cheated because bank rate is not the same as black market rate.

What is Domiciliary Account?

Domiciliary account is a bank account in Nigeria that is operated in foreign currency. The account allows you save money in US Dollars, Pounds Sterling or Euro with your money valued at the prevailing exchange rate. This account is funded through bank deposits, traveller’s cheques, cash inflows and lodgement of foreign currency cheques.

Note that you cannot transfer money from a naira account to a dollar account. But you can easily transfer money from DOM account to another DOM account

So if you are a serious online business entrepreneur, and you don’t have a DOM account, then you should consider opening one for yourself. This is why I don’t too border about PayPal not receiving money because I use my DOM account to receive money from online stores abroad.

How to Open a Domiciliary Account in Nigeria

Many banks offers this services but I’m going to focus mainly on three (3) banks. GTB, Zenith and First bank.

How to Open a Domiciliary Account With GTBank Nigeria

Requirements

1. Identification Card: This simply means, valid Identity card like International passport, drivers lincense, National ID card.

2. 2 clear passport photos recently taken

3. 2 referee:  Two persons that would serve as referee and fill each of the two reference forms that will be issued to you are required. Both referees need to have a current account each preferably with GTbank to facilitate opening of the account.

4. Utility Bill: Photocopy of your Utility bill issued in not more than 3 Months

Once you have the above completely in place,

>>Visit any GTB branch closest to you and walk straight to their customer service department.

>>Request for Dom account opening process and you’ll be guided through on what to do.

Zenith Bank Domiciliary Account Opening

Requirements

1. Account Opening form duly completed & signed.

2. Two (2) specimen signature cards duly completed.

3. Two (2) recent clear passport size photographs with your name and signature written on the reverse side.
4. Residence permit (where applicable).
5. A valid form of I.D. (International Passport, Driver’s License or National I.D.)
6. A copy of a Public Utility Receipt (not older than 3 months)
7. Initial Deposit.
8. Two (02) References.

9. Make sure you have an active account with the bank operating in not less than 6months.

Once you have the above in place, walk in to any Zenith bank and request for Domiciliary account opening. You’ll be guided on what next to do.

First Bank Domiciliary Account Opening

Requirements

1. Minimum opening deposit of of $500, €500 or £300 (you can always withdraw some part of the money leaving a minimum of $100 or £50)

2. Valid means of Identification: e.g International passport, National ID or Drivers lincence.

3. Two (2) independent and satisfactory references (For Checking account only)

4. Two (2) recent passport photographs are required

5. Utility Bill, to verify your address

6. Resident permit (for non Nigerians)

Once you have all the above in place,

>>Visit any Firstbank of Nigeria closest to you
>>Head straight to their customer service desk and request that you want to open a domiciliary account with them.
>>You might be asked if you already have current or saving account with them before. If you don’t, they will open one (current or saving) alongside with the domiciliary account.
>>After that, you will be given a foreign currency account opening form, and specimen signature card to complete and sign.
>>You can decide to take all the forms home , fill them properly and return back with them to submit
>>After they must have gone through the forms and make necessary corrections, you will be asked to go home.
>>Within 48-72hours, you will receive an SMS indicating that your domiciliary account has been open with your account.
>>Go back to the bank and pay in the minimum deposit to activate the account.

It is as simple as that. Receiving money in dollars, Euro and Pounds is very important if you are a blogger, online entrepreneur, PR or a freelancer. 

Easiest way to open and verify paypal account in Nigeria

Nigeria was among the Countries blacklisted by PayPal, because of this, we were not Opportune to open a PayPal Account. When this was done, Nigerians developed other means of using of PayPal which was by hiding their IP address and changing it to USA.

But today, Nigerians can now open and verify Their PayPal account without hiding their Nigeria IP and can now use their PayPal without been banned. Though Nigerians are restricted to receiving funds on the account but it's better and still meaningful since Payment Of Goods And Services are still enabled.

Here are the required steps I took when I created & verified my personal PayPal account with my Naira Visa-Card:

Visit The PayPal's Official Website and click on The Sign-Up Button.
Under The Country Tab, Select Nigeria as your country.
Fill all the Empty Boxes With Your Correct Details. Note: Use a valid email When Registering.
Your Account Type should be chosen as Individual.
Read and accept their Terms and Condition and Click the Create Account button.
On The Next Page, You will be Prompted to enter your card details. {i.e Your Card Number, Expiry date, and the 3 digits number at the back of the card}.
Your Billing address Must Correspond With The address you used to open your bank account.
Click On The Continue Button to proceed to your account where you will be asked to Verify your email Address using the Verification link sent to your mail.
Sign-in to your email account, you will see a Message sent to you from PayPal, Click on the Message To Open The Content Then Click The Verification link to verify your email.
You will be Redirected to PayPal, where you will be Prompted to enter your password to Sign in to your PayPal account.
A new page will show telling you to verify your card Details.
PayPal will charge the card $1.95 to confirm that the card is yours. Note: The Deducted Money will Be Refunded within 24 hours.
You will receive a debit alert from your bank and you will see 4-digits code with the PayPal Tag Informing you about the $1.95 charge. Note: The Code Is In This Format PP*0000CODE, where 0000 is the 4-digits code.
Return to your PayPal again and click on Confirm my Card then enter the 4-digits code you received Then click The "Confirm Card"
You Will Get A Congratulation message If Your Account Has Been Verified. Note: Your PayPal Account status should be verified.
You can now start To make payments online Using Your Paypal Account.

Note: You Don't Need To Fund your PayPal account because whenever you use it to make payments, the card linked to your PayPal will be charged.
Now you can create your individual personal PayPal account without stress! Drop your comment for me to assist you, kindly Like & Share this post! Enjoy!!!...

How To Pay Bills, Transfer Funds, Buy Recharge Cards With Your GTBank Account

GTBank Introduces easy banking on your palm without going to the banking hall. This service is available to all the customers that have bank account with Guaranty Trust Bank.

With this simple steps, you can transfer money from one bank account to the other, you can pay bills like PHCN bills, School fees, Flight Tickets, Satellite TV and cable subscriptions, Hotel booking and lots more.

You can also and easily buy recharge cards from any network right from your phone with your GTBank account.

This comes handy when you are not chanced to visit the banks or PHCN office to pay your bills. This is the dividends of cashless policy and it is already spreading like whirl wind all over the world.

HOW TO DO IT
In case you want to transfer money, buy Airtime, or pay bills from your bank via your phone, just dial *737# and follow the steps on your phone.

Checkout How To Register And Update Your MTN SIM With Your BVN Details

SIM registration is one of the most annoying trends this days especially for Mtn users as you have to register and re-register again and again. Some people have done it two times and still, they get message and calls from MTN to go and update/revalidate their lines to ovoid disconnection. This has really been a thorn on the flesh for people who que up in line waiting to be registered.

To most urgly part of it is the sight of old men and women who will come and stand on line from morning to evening and sometimes, after the whole suffering, their SIM card won't still be registered by the people doing the registration. In some registration centers, people even fight each other in the course of dragging lines. But mtn is not going back on this SIM registration exercise especially after been fine of more than one trillion Naira in Nigeria and also another huge amount of money in Cameron.

So what is the way forward? What if you can't stand for a long time on the lone line? Is there any other alternative method to use in updating, registering and revalidating your SIM card even after being disconnected by MTN for failing to register? The answer is a big capital YES. Do you still remember the bank verification number (BVN) that took place in 2015? Now, if you did yours, you are lucky and it will safe you the stress of visiting mtn office for SIM registration. You can now use your BVN Details to verify your identity and register your SIM card. Even if it is already blocked, you can revalidate it now.

HOW DO I REVALIDATE OR REGISTER MY SIM CARD WITH MY BVN?
Just send a message YES to 799
This will tell MTN that you are giving them your consent to register your line with your BVN Details.

How to get or register for OTP code for any online transactions

OTP stands for One-Time Password. It is generated by the Safetoken Service and so, OTP is also referred to as safetoken.

 Safetoken/OTP and transaction limits are being put in place for your protection as part of the mandatory regulatory compliance by the CBN
To make online shopping even more secure,

How to link your BVN with your Account (all bank) without going to bank

To all those who have more than one bank accounts, even though you’ve already gotten your BVN verification Number and the deadline has passed, Banks  are already sending deactivation messages to emails of unverified bank holders.

If you’ve gotten your BVN number, you can easily link them with your other bank accounts despite the fact that it has exceeded

How to Recharge Your Smartphone From Your Bank Account (All banks)

Its festive season already and a lot of you are already on break even those that sells Airtime. The good news is that you’ll always want to give a shout out to your love one’s this season or help someone to recharge their mobile.

To make it easier for you to recharge, you can recharge directly from your bank account.

Enjoy free data with GTCrea8 data promo

This is to all who uses GtCrea8 account… GTB is not left in rewarding her customers this season. According to what GTB stated, Use your GTCrea8 naira MasterCard to make payments on POS terminals at least 3 times, and get 1GB