How to Open a Naira Account Remotely from the US, UK, or Canada – Step-by-Step Guide
In an increasingly connected world, many Nigerians living abroad – whether in the United States, the United Kingdom, or Canada – find themselves needing to manage finances back home.
Perhaps you’re sending remittances to family, investing in Nigerian property, or simply maintaining a financial foothold in your country of origin.
Opening a Naira-denominated bank account remotely can make all this much easier, allowing you to handle transactions in Nigeria’s local currency without the hassle of constant currency conversions or high fees.
But what exactly is a Naira account? It’s essentially a savings or current account held in Nigerian Naira (NGN), the official currency of Nigeria.
Unlike domiciliary accounts, which are designed for foreign currencies like USD, GBP, or EUR, a Naira account is ideal for everyday local transactions, bill payments, and savings within Nigeria.
For diaspora Nigerians, many banks now offer specialised “diaspora” or “non-resident” accounts that can be opened entirely online or via email, without needing to visit a branch in person.
This guide is your comprehensive resource for doing just that.
We’ll cover why you might want one, the general requirements (including key documents), and detailed step-by-step instructions for several major Nigerian banks and fintech options, such as GTBank, Zenith Bank, First Bank of Nigeria, UBA, Access Bank, Fidelity Bank, Ecobank, and fintechs like Opay and Kuda.
We’ll also include checklists for each, tips to avoid common pitfalls, and answers to frequently asked questions.
By the end, you’ll have all the tools to get started confidently.
Why bother with a Naira account from abroad? For starters, it simplifies remittances – you can receive funds directly in Naira and avoid exchange rate losses.
It also enables seamless investments in Nigerian stocks, real estate, or businesses. Plus, with Nigeria’s economy growing (projected GDP growth of around 3.3% in 2025 according to recent economic forecasts), having local banking access can be a smart move for long-term financial planning.
And let’s not forget the convenience: most of these accounts come with mobile apps, online banking, and debit cards that work internationally.
One important note: while the process has become more streamlined in 2025, thanks to digital advancements by the Central Bank of Nigeria (CBN), you’ll still need to comply with Know Your Customer (KYC) regulations.
This often involves obtaining a Bank Verification Number (BVN) if you don’t have one – more on that below.
Understanding the Basics: Naira Accounts vs. Other Options
Before diving in, let’s clarify the types of accounts available. A standard Naira savings account earns interest (typically 4-8% per annum, depending on the bank) and is great for low-risk saving.
A current account, on the other hand, allows cheque writing and higher transaction volumes but may incur maintenance fees if your balance dips low.
For diaspora users, banks often bundle these with domiciliary features, but we’re focusing on Naira-specific ones here.
If you’re dealing with foreign currencies, consider a domiciliary account instead – many banks let you open both remotely.
Fintech alternatives like Opay and Kuda offer digital-only Naira accounts with perks like zero fees and instant transfers, but their availability for remote opening from abroad is limited.
Services like Wise provide Naira account details for receiving funds, acting as a pseudo-account without full banking features.
General Requirements for Opening a Naira Account Remotely
No matter which bank you choose, certain prerequisites apply across the board.
Here’s a quick overview:
Key Documents You’ll Need
– Valid Identification: A Nigerian international passport is preferred, but alternatives include a driver’s licence, national ID card, or even a foreign passport if it proves Nigerian origin (e.g., via birth certificate).
– Proof of Address Abroad: Utility bill (not older than 3 months), bank statement, tenancy agreement, or foreign driver’s licence. This must be notarised or attested.
– Passport Photographs: Usually two recent ones with a white background.
– Bank Verification Number (BVN): Essential for all Nigerian bank accounts. If you don’t have one, enrol via the Non-Resident BVN (NRBVN) platform by NIBSS.
Visit enrolment centres abroad (e.g., in the US, UK, or Canada) or use the online portal with your ID and proof of residency.
– References: Many banks require two from existing Nigerian account holders (current or corporate accounts).
– Other Forms: Email indemnity, FATCA self-certification (especially for US residents), and proof of funds (e.g., payslip or employment letter).
Notarisation is crucial – get it done at a notary public, Nigerian embassy, or your foreign bank to verify documents.
Additional Prerequisites
– Be at least 18 years old (16 for some youth accounts).
– Have a valid email and phone number (international numbers are fine).
– No minimum opening balance for most diaspora accounts.
– Internet access for online forms and apps.
Now, let’s get into the specifics for each provider.
Step-by-Step Guides for Major Banks
We’ll start with traditional banks, which offer robust diaspora services, then move to fintechs.
1. First Bank of Nigeria
First Bank, one of Nigeria’s oldest and most reliable institutions, has a dedicated First diaspora package for non-residents.
It’s ideal for those in the US, UK, or Canada, with remote opening fully supported.
Step-by-Step Process
1. Download Forms: Visit the First Bank website and download the Individual Account Opening Form and Email Indemnity Form.
2. Gather Documents: Prepare your ID, proof of address, passport photos, and references (if opening a current account).
3. Notarise Documents: Get your ID and proof of address attested at a notary, Nigerian embassy, or similar.
4. Enrol for BVN if Needed: Use the NIBSS NRBVN platform or visit a centre abroad.
5. Scan and Email: Send all completed forms and docs to diasporabanking@firstbanknigeria.com.
6. Mail Originals: Post hard copies to the Diaspora Department in Lagos.
7. Account Activation: You’ll receive your account number via email within 5-7 business days.
Fund it via international transfer or third-party deposit.
8. Set Up Digital Access: Download the FirstMobile app and register for online banking.
Required Documents Checklist
– Completed account opening form
– Email indemnity form
– Two passport photos
– Valid ID (e.g., Nigerian passport)
– Notarised proof of address (utility bill or bank statement)
– Two Nigerian bank references (for current accounts)
– BVN
– FATCA forms (for US residents)
Pros: High interest rates (up to 7% on savings), international debit cards.
Cons: Requires physical mailing of docs, which can delay things. Expect 1-2 weeks for full setup.
2. United Bank for Africa (UBA)
UBA’s diaspora banking is user-friendly, with an online portal for instant account numbers.
It’s popular among Canadians and Americans due to its North American presence.
Step-by-Step Process
1. Access the Portal: Go to https://aop.ubagroup.com and select the diaspora option.
2. Fill Online Form: Complete all fields with your personal details.
3. Upload Documents: Scan and upload your ID, proof of address, and other required items.
4. Submit Application: Hit submit – you’ll get an account number immediately.
5. Verify BVN: Provide your BVN or enrol if needed.
6. Fund the Account: Transfer from your foreign bank using UBA’s SWIFT code or via partners like Western Union.
7. Activate Services: Download the UBA Mobile app and set up internet banking.
Required Documents Checklist
– Valid Nigerian passport or foreign ID with Nigerian origin proof
– Notarised utility bill or bank statement (last 2-6 months)
– Proof of funds (payslip or employment letter)
– BVN
– Passport photo (for additional services like cards)
Pros: Zero opening balance, competitive interest (7.425% on savings). Cons: Corporate accounts not available remotely. Setup time: 1-3 days.
3. Zenith Bank
Zenith offers a seamless online diaspora form, making it a top choice for UK-based Nigerians.
Step-by-Step Process
1. Visit the Diaspora Page: Head to Zenith’s website https://www.zenithbank.com/ and access the diaspora banking section.
2. Complete Online Form: Fill in biodata, upload docs, and select account type (e.g., Zenith Diaspora Savings).
3. Notarise and Upload: Ensure docs are attested before uploading.
4. BVN Enrolment: Link your BVN or apply via NRBVN.
5. Submit and Wait: Account opens within days; you’ll get confirmation via email.
6. Fund and Access: Use Zenith’s app for mobile banking.
Required Documents Checklist
– Account opening form
– Valid ID (passport or driver’s licence)
– Proof of address (utility bill)
– One passport photo
– BVN
– References for current accounts
Pros: Multiple savings options with good rates.
Cons: Limited details on exact timelines. Expect 3-5 days.
4. Guaranty Trust Bank (GTBank)
GTBank’s Non-Resident Nigerian (NRN) service is premium, with easy remote access for Canadians and others.
Step-by-Step Process
1. Download Forms: From GTBank’s site, https://www.gtbank.com/ get the NRN Account Opening Form, Self-Certification, and others.
2. Prepare Docs: Notarise ID and address proof.
3. Email Submission: Send scanned copies to their diaspora team.
4. BVN Integration: Provide or obtain NRBVN.
5. Activation: Account ready in 5-7 days; set up GTWorld app.
Required Documents Checklist
– Completed NRN form
– Valid national ID or passport
– Utility bill or bank statement
– BVN
– Data privacy consent
Pros: Strong mobile app.
Cons: May require banker’s confirmation.
5. Access Bank
Access Bank’s diaspora offerings include Naira savings with mortgage links.
Step-by-Step Process
1. Online Application: Use their portal to start. https://www.accessbankplc.com/
2. Upload Notarised Docs: Submit ID and address proof.
3. BVN Check: Ensure you have one.
4. Confirmation: Account opens remotely.
Required Documents Checklist
– International passport
– Proof of Nigerian origin
– Notarised utility bill
– BVN
Pros: Investment tools.
Cons: Less detail on pure remote process.
6. Fidelity Bank
Fidelity’s Diaspora Current Account Plus is great for business-minded diaspora.
Step-by-Step Process
1. Apply Online or Download Form: From their site.
2. Scan and Email: To diaspora@fidelitybank.ng.
3. Notarise Docs: As required.
4. BVN: Mandatory.
5. Setup: Quick activation.
Required Documents Checklist
– Account form
– Passport photo
– Notarised ID and address proof
– Two references
– BVN
Pros: Variety of accounts.
Cons: References needed.
7. Ecobank
Ecobank’s diaspora savings is pan-African, suitable for Canadians with ties elsewhere.
Step-by-Step Process
1. Download Forms: Account opening and mandate.
2. Gather and Notarise: Docs as listed.
3. Mail Originals: To their Lagos office.
4. Email Scans: For initial review.
5. BVN Enrolment.
Required Documents Checklist
– Forms (account, mandate, email indemnity)
– Two passport photos
– Notarised ID and address proof
– Proof of funds
– BVN
– FATCA for US
Pros: Wide network.
Cons: Physical mail required.
Fintech Options: Opay and Kuda
Fintechs are revolutionising banking, but remote opening from abroad is trickier.
Opay
Opay is a mobile money platform with instant Naira accounts, but it’s primarily for Nigeria residents.
From the US/UK/Canada, you can’t open directly – the app requires a Nigerian phone number and BVN enrolment in-country.
However, if you have a trusted contact in Nigeria, they can open on your behalf and link it.
Step-by-Step (Proxy Method)
1. Download App in Nigeria: Have someone install Opay.
2. Register with Your Details: Use your international number if possible.
3. Verify BVN: Must be done locally.
4. Fund Remotely: Via transfers.
Checklist
– Nigerian phone (proxy)
– BVN
– ID upload
Pros: Zero fees, cashback. Cons: Not truly remote.
Kuda
Kuda, the “money app for Africans,” has expanded to the UK in 2025, allowing UK residents to open accounts for sending to Nigeria.
For pure Naira accounts from US/Canada, it’s NG-focused, but you can get Naira details via their global app.
Step-by-Step
1. Download Kuda App: UK version for transfers; NG for full account (requires local verification).
2. Register Email/Phone: International OK.
3. Verify ID: Upload passport.
4. BVN: Needed for Naira features.
Checklist
– Email/phone
– ID
– BVN (for full access)
Pros: Free transfers.
Cons: Limited remote opening for non-UK.
Other fintechs like Moniepoint or Palmpay follow similar patterns – check for updates.
Comparison Table: Which Bank or Fintech is Best for You?
First Bank makes remote use easy through email. It offers up to 7% interest, charges low fees, and is best suited for savings.
UBA is very easy to use online. It gives 7.425% interest, has no account opening fees, and is ideal for sending and receiving money.
Zenith Bank is also easy to use. Its interest rates vary, fees are low, and it works well for investments.
GTBank is moderately easy to use. It offers competitive rates, but charges maintenance fees if your balance is low. It is best for premium users.
Access Bank is moderately convenient. It provides good interest rates, fees vary, and it is a solid choice for mortgages.
Fidelity Bank is easy to use. It offers high interest on the Vantage account, but requires references. It suits business users best.
Ecobank is moderately easy to use, often through mail. It offers standard rates, charges VAT on fees, and is useful for Pan-African users.
Opay is less easy to use compared to others. It has no interest, zero fees, and is great for quick transfers.
Kuda is moderately convenient, with a focus on UK users. It offers up to 10% interest on savings, charges no fees, and is best for digital-first users.
Tips and Challenges When Opening from Abroad
– BVN Hurdles: If no BVN, use NIBSS centres in your country – e.g., Nigerian embassies in Washington DC, London, or Ottawa.
– Notarisation Costs: Expect $20-50 per document in the US/UK/Canada.
– Currency Controls: CBN limits on Naira cards abroad ($3000/quarter), but you can transfer unlimited inwards.
– Security: Use VPNs for apps; enable two-factor authentication.
– Taxes: US residents, file FATCA; consult a tax advisor.
– Common Pitfalls: Incomplete forms delay processes – double-check. If rejected, it’s often due to unnotarised docs.
– Alternatives if Stuck: Use Wise or Revolut for Naira receipts without a full account.
FAQs
Can I open without a BVN? No, but you can enrol remotely.
How long does it take? 1-14 days, depending on the bank.
Are there fees? Mostly free to open, but maintenance or transfer fees apply.
Can non-Nigerians open one? Generally for Nigerians or those with ties; foreigners need residency.
What if I’m in Canada – any specifics?Same process; use local notaries.
Is it safe? Yes, CBN-regulated banks are insured up to ₦500,000.
Conclusion
Opening a Naira account remotely from the US, UK, or Canada is more accessible than ever in 2025, thanks to digital innovations.
Whether you choose a traditional giant like First Bank or a fintech like Kuda, the key is preparation – gather your documents, notarise them, and follow the steps meticulously.
This not only connects you to Nigeria’s financial ecosystem but also opens doors to investments and family support.
If you’re ready to start, pick a bank from above and visit their site today.
For personalised advice, consider consulting a financial advisor or the bank’s diaspora team. Safe banking!
Read also: https://financialliteracy.com.ng/best-ways-to-send-money-to-nigeria-from-the-us-2025/