NewStats: 3,265,314 , 8,186,353 topics. Date: Saturday, 14 June 2025 at 11:50 AM 486e1q

arbitrage:

I believe if any of those questions you asked were to be yes, you would have asked us why is everyone crying about getting dollars as difficult in Nigeria and why is everybody not doing what you just asked? The fact that so many threads and posts here are lamenting how difficult it is to get dollar should be an indication to you that none of what you asked is possible or correct, or else everyone would be doing it and no one will be here complaining.
If you open domiciliary , you must go and source for your dollar, euro or pounds sterling from black market or transfer from outside Nigeria or others to fund it.

Thanks for the thorough explanation. Savings acc to dorm. hmmmm. for where. God help Nigeria.

Hello,

Please i have a question. i want to pay tuition fee in russia, the school sent me details to pay in usd. Please how can i make the payment as to they don't accept western union transactions.

aleshsenior2000:
Thanks for the thorough explanation. Savings acc to dorm. hmmmm. for where. God help Nigeria.

I didn't get your question right please?

Professor554:
Hello,

Please i have a question. i want to pay tuition fee in russia, the school sent me details to pay in usd. Please how can i make the payment as to they don't accept western union transactions.

You may have to get dollars from parallel market and deposit into your dom or someone else's domiciliary so that transfer can be done to the school . Alternatively, you can find out if the school has a website for online payment using you card. Then get dollar card like GTBank dollar card since it has no limit and make your payment on their website.

arbitrage:

I didn't get your question right please?

pls I have a non Nigeria Neteller ,can I send from it to a Nigeria Neteller or other countries own

arbitrage:

I didn't get your question right please?

I was referring to the solution you stated above.

onatisi:
pls I have a non Nigeria Neteller ,can I send from it to a Nigeria Neteller or other countries own

Yes please, you can. But, you may want to know that b4 you can access the non Nigeria Neteller in Nigeria, it has to be & kindly change the country of residence. Otherwise, it will be block.

fados4sure:

Yes please, you can. But, you may want to know that b4 you can access the non Nigeria Neteller in Nigeria, it has to be & kindly change the country of residence. Otherwise, it will be block.

what if I don't live in nigeria

onatisi:
what if I don't live in nigeria

If you don't live in Nigeria & want to transfer to a Nigeria Neteller. You got no problem so long d two are not the same name.

arbitrage:


You may have to get dollars from parallel market and deposit into your dom or someone else's domiciliary so that transfer can be done to the school . Alternatively, you can find out if the school has a website for online payment using you card. Then get dollar card like GTBank dollar card since it has no limit and make your payment on their website.

My father has a dormicilliary with Gtbank that he can use to pay for me but the issue is which is better because the man that attended to me in Gtbank said they can as well make the payment from my normal savings with Gtbank. Which would be cheaper? Buying dollar from bureau de change to pay with the dormicilliary or paying with normal there by they being the ones to sell the dollars for me. Please i need your advice

Regards

Professor554:


My father has a dormicilliary with Gtbank that he can use to pay for me but the issue is which is better because the man that attended to me in Gtbank said they can as well make the payment from my normal savings with Gtbank. Which would be cheaper? Buying dollar from bureau de change to pay with the dormicilliary or paying with normal there by they being the ones to sell the dollars for me. Please i need your advice

Regards

I think GTBank outrageous rate is close to parallel market rate. So it's like the same except that you won't need carrying cash around for exchange if you choose GTBank option.

arbitrage:


I think GTBank outrageous rate is close to parallel market rate. So it's like the same except that you won't need carrying cash around for exchange if you choose GTBank option.

Thanks a lot. That means it is better I use the normal bank transaction as it is risky moving with huge sums of money. I also heard other banks sells dollars at lower rate but the issue is opening a dorm takes weeks and getting guarantors is another thing

arbitrage:

I think GTBank outrageous rate is close to parallel market rate. So it's like the same except that you won't need carrying cash around for exchange if you choose GTBank option.

Subject of mail is : Swiftz from NL

arbitrage:


You mixed it up. It's Payza that funds Nigerian dom in Euro not Neteller. Yes, I have successfully funded GTBank dom last year from Payza.

Hi arbitrage, pls I just read this thread. I want to fund my gtb Dom acct through neteller with abt usd1000 but would like to know how much will be charged by neteller and if gtb will charge me for receiving the fund from Payza.

olumideola:


Hi arbitrage, pls I just read this thread. I want to fund my gtb Dom acct through neteller with abt usd1000 but would like to know how much will be charged by neteller and if gtb will charge me for receiving the fund from Payza.

If you attempt it, the website will show you how much you will be charged but know that GTBank will charge you for receiving.

arbitrage:


If you attempt it, the website will show you how much you will be charged but know that GTBank will charge you for receiving.

Thanks for the explanation. Double post

arbitrage:


If you attempt it, the website will show you how much you will be charged but know that GTBank will charge you for receiving.

Thanks for the explanation. For receiving into Gtbank dorm , there's charges. What about for withdrawal. Any attach charges.

aleshsenior2000:
Thanks for the explanation. For receiving into Gtbank dorm , there's charges. What about for withdrawal. Any attach charges.

Yes, there is charge for withdrawal by GTBank.

arbitrage:

Yes, there is charge for withdrawal by GTBank.

Thnks, pls what and how do they derive to their withdrawal charge.

aleshsenior2000:
Thnks, pls what and how do they derive to their withdrawal charge.

I think about 1% of the amount you are withdrawing.

arbitrage:
I think about 1% of the amount you are withdrawing.

Thanks

How About Payza?
Have you tried them

bedfordng:
it may interest you to know that nigerians cannot withdraw in USD via neteller. According to them, they don't have USD withdrawal, you can only withdraw other currencies. That is the message i got from them when i tried withdrawal to my dom . I had to sell it to those who need to get naira

Raypawer:
How About Payza?
Have you tried them

I have withdrawn from my Payza to my GTBank domiciliary .

was the money at payza in naira?

arbitrage:

I have withdrawn from my Payza to my GTBank domiciliary .

hello arbi......I have netteller .....and I have euro domicillary with zenith..
is it possible I transfer from netteller which usd to my euro domicillary .....
plus I would like to know how to do that.

Strahovski1:
If you are looking to fund domiciliary ,

Transfer PayPal fund to me I'll send usd to your bank.

If I hear say I send you my hard earned money in this Buhari economy.

arbitrage:


I have withdrawn from my Payza to my GTBank domiciliary .

Sup bro, please what is the update at the moment? Which one is working if I want to fund the payment system (Neteller, Payza or any other one) with my Naira debit and transfer to my USD dorm.

Please help. Blessings.

Raypawer:
was the money at payza in naira?

I'm not sure Payza has Naira offering. I doubt it but mine is in USD and Payza sends to Nigeria only in Euro. So I had to open GTBank Euro dom to receive it because GTBank returned the first withdrawal that came as Euro to my USD dom and insisted that I should open EUR .

hardniola:
hello arbi......I have netteller .....and I have euro domicillary with zenith..
is it possible I transfer from netteller which usd to my euro domicillary .....
plus I would like to know how to do that.

You may try it first as I wouldn't know if Zenith Bank will behave like GTBank, which insisted that I cannot receive Euro into USD dom unlike Union Bank that has received Pounds Sterling into my USD before.

solid3:


Sup bro, please what is the update at the moment? Which one is working if I want to fund the payment system (Neteller, Payza or any other one) with my Naira debit and transfer to my USD dorm.

Please help. Blessings.

All is working as long as your bank has not restricted or limited Web/POS transaction limit to zero ($0) USD per day.

arbitrage:

All is working as long as your bank has not restricted or limited Web/POS transaction limit to zero ($0) USD per day.

Thanks bro, how can I reach u apart from here?