Polaris domiciliary account is a domiciliary account for Corporates that offers the convenience of carrying out transactions in foreign currency (USD, GBP and EUR).


  • Multinationals
  • Professional firms
  • Global corporations
  • Etc.

  • Minimum opening balance of $100, £50, €50
  • Minimum operating balance of $10, £5, €5
  • Issuance of foreign currency draft on the account
  • Lodgement of foreign currency cheques
  • Direct International funds transfer (Inflow & Outflow)
  • Access to e-channel platforms

Account Opening DocumentationLimited Liability CompaniesRegistered Business Names
1 passport photographs of each signatory
Bank Verification Number (BVN) of Signatories
Valid means of identification of signatories (Int'l passport, Driver’s license, National ID, Voters card)
Proof of Address (PHCN, Water bill, Waste disposal bill, tenement, etc.)
Premises visitation Report
Two suitable references
Certified True Copy of Certificate of Incorporation/Registration of Business Name
Certified True Copy of Memorandum and Article of Association.-
Certified True Copy of form C07/CAC7 (particulars of Directors) and C02/CAC2 (Allotment of stares).-
Copy of Forms for application for Registration of Business Name-
Legal Search report
Residence permit issued by the immigration Authorities (Expatriates)
Evidence of Registration with Special Control Unit on Money Laundering (SCUML) for all Designated Nonfinancial Businesses and Professionals (DNFBP)- Where applicable
Tax Identification Number (TIN)-
Board resolution to open account-

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