after
clearing adsense check, what next, the next thing that would be on your mind is
how to withdraw your Google adsense money from your domiciliary account to savings or current account in Nigeria. a lot of newbies keep asking this question which i just can't keep explaining over and over.so if you are a beginner to blogging and you've received an alert that your
adsense check has been cleared , then this post will guide you on
how to withdraw Google adsense payment from domiciliary account to savings account
the procedure is not difficult only that you may have two option, depending on the bank you are banking with.
most banks in Nigeria do offer
credit cards for
domiciliary account holder which attracts a fee to apply for it while the second option involve withdrawing the amount you wish in dollars and then exchange it with friends or take it to
black market cause banks will not exchange it to naira for you
you may like to read
how to know if your google adsense has been cleared
withdraw cleared adsense payment in nigeria
CREDIT CARD OPTION
==> just walk into your bank and tell them you need a credit card for your domiciliary account, they will issue you either
master or
visa card.note that the amount to apply for it may deffer, depending on your bank.as at the time of writing this post, gtbank issues visa card for $50, the amount may change in the future.
==> when you have collected the card, you can then use it on their ATM machine to withdraw your money which will be in NAIRA equivalent.
NOTE: when using the card, the naira equivalent will be calculated according to the current exchange rate
BLACK MARKET OPTION
if you don't have the necessary requirement to process credit card for your domiciliary account, then you can use the black market option, here is how to do it
==> walk into any of your bank branch and tell them to give you a withdrawal slip for
foreign currency, don't know if all banks make use of this but gtbank have separate withdrawal slip for foreign currency.
==> fill in your, name, account number and the amount you wish to withdraw and give it to the cashier.tell the cashier to give you the highest denomination like $100 instead of smaller denomination to avoid the aboki cheating you.
==> take the dollars to the black market, but before taking it there, please write down the serial numbers of the dollars on paper (this will serve as proof of claiming your money when the aboki tries to play smart one on you cause they may take your dollars in and bring out fake one to outsmart you, so you need to shine your eye.they can only change the dollars and not the serial numbers)
==> depending on the exchange rate in black market, they may pay you less, if for instance, current
CBN EXCHANGE RATE is
#160 per $1 dollars, the aboki may buy it for
#150 but make sure you do negotiate with them.
==> when they pay you the naira equivalent, you can then take it to the bank and deposit it into your savings account or current account.that's all.ENJOY.
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Well explained.luv it
ReplyDeleteThe banks should device a means to exchange it right from the bank
ReplyDelete