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Home Jobs/ Vacancy

Saroafrica International Limited Recruitment 2022(11 Positions)

February 16, 2023
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Studio 14 Limited Recruitment

Apply for Ongoing Saroafrica International Limited Recruitment 2022. See the 11 job positions, descriptions, eligibility, and how to apply. Saroafrica International Limited is seeking the services of both graduates and experienced job seekers to fill the vacant positions in their company.

Saroafrica is the proud holding company to three Subsidiaries: Saro Agro-allied, Saro AgroSciences & Saro Lifecare as such, Our business operations are in the Agro and Consumer Based Industries.

Table of Contents

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    • 1.) Market Place Manager
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    • 2.) Regional Digital Lead
    • 3.) Marketing Manager
    • 4.) Head of Business
    • 5.) Management Accountant
    • See Other Related Jobs:
    • 6.) Production Accountant
    • 7.) Head of Accounts
    • 8.) Audit, Risk and Compliance Governance Business Partner
    • 9.) Audit, Risk and Compliance Governance (ARCG) Business Partner
    • 10.) Business Accountant
    • 11.) Saroafrica Internship Programme
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We are recruiting to fill the following positions below:

1.) Market Place Manager

Location: Lagos

Duties / Responsibilities
Market Place Development and Efficient Running:

  • The MPM will conceptualize the Market place design, interaction within the Ecosystem and the different processes that guides its operation.
  • He/ She will work with the IT in creating the right marketplace that is user friendly and delivers on the marketplace objective

Vendor Management:

  • The MPM will sign and Onboard Vendors on the marketplace, draws up and ensure execution of SLA’s that delivers value to the Audience.
  • He/ She will organize periodic review of vendors to track performance, dismissal, commission, and general performance in line with the agreed KPIs

Driver of Corporate Culture:

  • The MM will be responsible for driving corporate culture through shared vision and team building activities. Thus, motivating her team to accomplish business goals and objectives of the department

Channel and Ecosystem Interaction:

  • The day to day running of the marketplace, Products displays, Pricing, Assortment, Response time to request and delivery of services in line with the SLA.
  • The MPM tracks sentiments around price, service quality, delivery and customer satisfaction in further sharpening our value proposition to the customers.
  • He/ She works cross functionally with the Marketing Manager and the Saro Digital Lead in ensuring competitiveness of offering and delivery to the customers

Growth Champion:

  • The MPM will market the markets place to TA’s to drive onboarding, recruitment and growth of customer share of business on the market place.
  • He/ She will design and implement promotional campaign aimed at recruitment, retention and grow customers interaction on the Market place.

Others:

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  • The MPM will perform other tasks as assigned by the Group Marketing Execs & SAI MD and SAI Board
  • He/ She will ensure Performance management in the department is done as and when due.
  • He/ She will be responsible for the Saro Brand management in the public Space
  • The MPM will be responsible for managing the day to day running of her agents and the marketplace

Education and Experience

  • Bachelor’s Degree
  • A minimum of 10 Years at Business Management Level
  • 2nd Class Upper from a relevant course of study, MBA will be an Advantage
  • Experience in Digital Market place will be an advantage
  • Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).
  • Age Requirement: 32-45 years

Application Closing Date
19th August, 2022.

2.) Regional Digital Lead

Location: Lagos

Duties / Responsibilities
Route to Market:

  • The RDL will develop the Road to Market as dictated by the Marketing Strategy that is efficient and built to deliver value to the target audience and Capture value in an efficient manner.
  • The RDL will break down the targets per region based on the opportunity to achieve the set objective

Leadership and Team Coordination:

  • The RDL will be responsible for setting call targets and call objectives for the Saro Digital Agents and their day-to-day coordination and daily review.
  • The RDL will be in direct contact with Subscribers and Clusters Leaders for engagement and timely resolution of issues.
  • The RDL Set goals for the Agents (Weekly, Monthly, Quarterly, and yearly Goals)

Channels Management:

  • The RDL will ensure that all platforms are working seamlessly and deliver the right experience to the farmers.
  • He/she will be responsible for farmers’ KYC and Categorization post-on-boarding.
  • He/ She will be responsible for the consistency of value proposition and delivery across the different channels to be uniform across the different channels.
  • The RDL will work in Sync with the Market Place manager on Input Purchase, delivery, Output pick up and general price management in driving competitiveness

Others:

  • The RDL will drive compliance in terms of customer onboarding, trading terms, credit compliance, input usage compliance and pricing compliance by having a risk framework in place to manage risk from credits to farm management that will ensure value is not lost
  • The RDL will be responsible for driving the customer growth/ subscription on the digital App by growing the share of customer business done on the App, Geographical expansion, and growth in the Customer base in line with the business objective
  • He/ She will perform other tasks as assigned by the Group Marketing Execs & SAI MD and SAI Board
  • He/ She will ensure Performance management in the department is done as and when due.
  • The RDL will be responsible for the Saro Brand management in the company
  • He/ She will be responsible for managing the day-to-day running of the department.

Education and Experience

  • Degree (2nd Class Upper) from a relevant course of study, MBA will be an Advantage
  • A minimum of 5 years in Sales Leadership or Trade Marketing Position
  • Experience in the Digital Market place will be an advantage
  • Good knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).
  • Age Requirement: 32 – 45 years.

Application Closing Date
19th August, 2022.

3.) Marketing Manager

Location: Lagos

Duties / Responsibilities
Strategy Formulation & Execution:

  • The MM will formulate the Marketing Strategy and its flawless execution in achieving the corporate objective in respect to Customer Recruitment, Connection, Growth and Retention Strategy.
  • He/ She will lead the crop Execs in ensuring that crop plan is aligned to the Marketing Strategy and the 4Ps are in line with the broad Strategy.

Leadership:

  • The MM will ensure the efficient running of the Marketing team and coordination of their daily activities. He will work cross functionally with the Market Place Manager and the Commercial Agents in the delivery of value to the Customers.
  • The MM will build capacity by mentoring the team under his or her leadership by enshrining the operation of the Marketing Manual and compliance to marketing communications.

Driver of Corporate Culture:

  • The MM will be responsible for driving corporate culture through shared vision and team building activities. Thus motivating her team to accomplish business goals and objectives of the department.

Portfolio Management:

  • The MM will be at the heart of the portfolio selection, development, and placement objectives across the different channels to deliver most impact for the different categories of farmers.
  • The MM identifies opportunity gap at the farmers level and leverage the technical team / vendors to bridge the gap.
  • He/ She will be responsible for New Products developments funnel to drive portfolio evolution that constantly delights the customer with a new story via in house and collaborative development.

Others:

  • The MM will be responsible for driving the customer growth/ subscription on the digital App via a clear promotional plan, go to market Strategy and Pricing.

Education and Experience

  • 2nd Class Upper from a relevant course of study, MBA will be an Advantage
  • A minimum of 7 Years in Brand Management or As Marketing Manager
  • Experience in Digital Market place will be an advantage
  • Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).
  • Age Requirement: 32 – 45 years.

Application Closing Date
19th August, 2022.

4.) Head of Business

Location: Lagos

Duties / Responsibilities
Strategy Formulation & Execution

  • He/ She will be responsible for formulating the Strategy of the Firm aligned with the Group Strategic direction, and full strategy execution consistent with the strategy implementation plan.
  • He/ She will ensure that all Unit Heads follow the Planning Framework in coming up with Sub-Plans & BIP that are also aligned with the company’s Strategy.
  • The HOB will coordinate the Unit Heads in ensuring 100% alignment of their daily activities to the BIP (strategy execution).
  • The HOB will be responsible for the financial health of the business and thus responsible for driving the organization towards the achievement of the goals set in the Financial Control Levers by championing the development of policies and strategies for effective financial management, ensuring transparency and accountability and judicious use of resources.

Leadership:

  • The HOB will be responsible for coordinating the daily activities of the business and provide leadership to direct reports and entire staff.
  • He/ She must be an embodiment of the 6 Core Values of the Company and a Champion and diligent Observer of all the Operational Guidelines.
  • He/ She will be responsible for the proper functioning of the governance framework of the company (executive management, senior management, and general management) and a seamless of succession planning for mission critical positions for a smooth running of the business.
  • He/ She is also responsible for the development of relevant structures (People, process and systems) to support the achievement of the company’s vision and goals.
  • He/ she will be responsible for interacting with external auditors on matters related to audits of the organization’s internal controls

Others:

  • The HOB will be responsible for driving corporate culture through shared vision and team building activities. Thus, motivating staff to accomplish business goals and objectives of the company.
  • The HOB will be responsible for ensuring that all processes and guidelines of the company are religiously adhered to and also responsible for continuously seeking out ways and means of improving on all the processes and guidelines related to all the Units of the Company at all times through process improvement plans he will be expected to prepare and execute yearly.
  • The HOB will be responsible for expanding the company’s footprint, oversee the formulation and implementation of effective Go to market strategies to achieve sustainable growth in customer base, market share, Efficiency of marketplace (based on Farmers Connection, Vendors Management and Efficient service delivery) Sales and profit.
  • He/ She will perform other tasks as assigned by the Group Managing Director & Board of Directors
  • He/ She will ensure performance management in the company is done as and when due.
  • The HOB will ensure proper and accurate reporting is done to the Board, Group Office, and other stakeholders.
  • He/ She will be responsible for the Saro Brand management in the company.

Education and Experience

  • 2nd Class Upper from a relevant course of study, MBA will be an Advantage
  • A minimum of 10 Years at Business Management Level
  • Experience in Digital marketplace will be an advantage
  • Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision & SharePoint will be an added advantage).
  • Age Requirement: 32-45 years

Application Closing Date
19th August, 2022.

5.) Management Accountant

Locations: Edo, Lagos & Oyo

Job Summary

  • Management Accountant (MA) is a strategic partner in running the business and plays a crucial role in providing central financial direction to the Business Accountant.
  • His/her primary duty is to support the Business Accountant with production of on time and accurate management reporting information.
  • He/she will also be required to work with the finance team to design, implement and manage best accounting practices across their areas of responsibility, including making and implementing agreed process changes and improvements.
  • He/she will be part of a team with a culture of high performance and will deploy his/her skills optimally to achieve strategic priorities.
  • He /She should be able to present reports competently and confidently to the Management team.
  • He /She must have clear focus, give attention to details and be a strategic thinker who is focused on execution

Duties / Responsibilities

  • Ensures that all foreign currency payments are made in accordance with contracted terms and budgeted exchange rates.
  • Develops tools and systems to provide critical financial and operational information to the Management Team and provides actionable recommendations on both strategy and operations.
  • He/she will ensure that financial discipline and prudence is applied for all transactions and will provide primary controls to ensure that the assets of the project are well secured.
  • Put the right mechanism in place to ensure Business Pays all obligations on due date, stays Cash-Flow Positive throughout the period in line with the financial indicators in the plan.
  • Responsible for the seamless and real-time running of the financial reporting processes to aid speed of service delivery to both internal and external parties.
  • Report the actual financial Performance and compare with the Control Levers.
  • Completion of monthly statutory rendition
  • Managing preparation and submission of the Group’s various VAT returns and declarations.
  • Work with other Strategic Business Unit Accountant to ensure prompt reconciliation of all intercompany accounts
  • Prepare the weekly wastage report
  • Production of supporting Balance Sheet and reconciliation for all Balance sheet Items.

Education and Experience

  • Minimum of a Second Class upper in Accounting, Economics, or Finance from a reputable university
  • Minimum of 5 years work experience.
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Applicant must have a Minimum of 5 years working experience in similar role as Management Accountant.
  • Age Requirement: 28 – 35yrs old.

Required Skills / Abilities:

  • Excellent verbal and written communication skills.
  • Excellent interpersonal and customer service skills.
  • Excellent organizational skills and attention to detail.
  • Good Analytical and innovative skills.
  • Must be self-motivated
  • Proficient with Microsoft Office Suite, Excel, PowerPoint or related software.
  • Excellent time management skills with a proven ability to meet deadlines.

Application Closing Date
18th July, 2022.

See Other Related Jobs:

6.) Production Accountant

Locations: Lagos & Oyo

Job Summary

  • Production Accountant (PA) is a strategic partner in running the business and plays a crucial role in providing central financial direction to the Business Accountant.
  • The Production Accountant primary purpose is to support the Business Accountant with production of timely and accurate Production and cost accounting information.
  • The successful candidate will also be required to work with the finance team to design, implement and manage best accounting practices across their areas of responsibility, including making and implementing agreed process changes and improvements.
  • He/she will be part of a team with a culture of high performance and will deploy his/her skills optimally to achieve strategic priorities.
  • He /She should be able to present reports competently and confidently to the Management team.
  • He /She must have clear focus, give attention to details and be a strategic thinker who is focused on execution.

Duties / Responsibilities

  • Ensure daily Production report and track, prepare, and analyze variance report for Management Team.
  • Perform comprehensive variance analysis and determined root-cause for each significant variance.
  • Perform audits of bills of materials to ensure product costs are accurate and accounted for properly.
  • Provide Weekly status of labor, overhead, productivity, usages, direct labor, and distribution cost.
  • Ensure bill of material and costing accurately reflect production operations
  • Ensure that financial discipline and prudence is applied for all transactions and will provide primary controls to ensure that the assets of the project are well secured.
  • Monitor the key performance indicators to assess, analyze and track manufacturing processes
  • Report the actual financial Performance and compare with the Control Levers
  • Assist the Business Accountant in the preparation of data required for forecasting, planning,and budgeting.
  • Provide weekly wastage Report.
  • Ensure inputs and outputs of inventory are analyzed accurately and timely.

Education and Experience

  • Minimum of a Second Class upper in Accounting, Economics, or Finance from a reputable university.
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Applicant must have a Minimum of 5 years working experience in similar role as Production Accountant.
  • Age Requirement: 28- 35 years old.

Required Skills / Abilities:

  • Excellent verbal and written communication skills.
  • Excellent interpersonal and customer service skills.
  • Excellent organizational skills and attention to detail.
  • Good Analytical and innovative skills.
  • Must be self–motivated
  • Proficient with Microsoft Office Suite, Excel, Power Point or related software.
  • Excellent time management skills with a proven ability to meet deadlines.

Application Closing Date
18th July, 2022.

Method of Application
Interested and qualified candidates should:
Click here to apply online

7.) Head of Accounts

Location: Lagos

Duties / Responsibilities
Leadership/Supervisory Role:

  • Supervise end-of-period processes and supports the analysis of the periodical business performance, budgets, and forecasts.
  • Leads the accounting department in the establishment of risk management procedures as well as the update of those procedures.
  • Motivates, develops, and creates a departmental culture and vision, taking full responsibility for the success or failure of the quarterly/annual audit process.
  • Responsible for building talent across the accounting department and supports continuous improvement initiatives across the finance department.

Documentation & Reporting:

  • Prepares reports in reflection of the revenue quarterly/annual processes.
  • Develops reports on all accounting related matters inclusive of taxation matters.
  • Pro-active advice and recommendations on the business’s financial approaches from an accounting and taxation perspective.
  • Completeness and accuracy of bank/cash reconciliations.
  • Review financial information and analysis from direct reports.
  • Presenting reports to senior executives, stakeholders, and board members.
  • Establish and implement financial reporting systems to comply with government regulations and legislation.
  • Managing financial transactions.
  • Create monthly and annual reports to identify results, trends, and financial forecasts.

Financial Analysis:

  • Ensures the accounting departments in the preparation of accounts and conducting quarterly/annual auditing and the final preparation of accounts
  • Ensures the accounting department in the preparation and monitoring the business’s annual budgets and liaises with external auditors to drive ad hoc projects that will improve process efficiency.
  • Ensures that there is a proactive engagement across the accounting department in implementing audit findings with a view of improving the business’s overall financial performance.

Statutory Compliance & Tax:

  • Tax planning and ensuring statutory tax compliances on Coy Tax, VAT, WHT and other relevant taxes.
  • Interface with the auditors, tax authorities, banks, and regulatory agencies
  • Preparing company tax.
  • Ensuring compliance with all other statutory and financial regulations e.g. IFRS
  • Coordinate the preparation of regulatory reporting.
  • Manage and comply with local, state, and federal government reporting requirements and tax filings.

Accounting & Auditing:

  • Ensuring proper accounting records are maintained aligned with Organizational Goals
  • Maintains professional development, remains abreast of relevant accounting issues and financial policy and standards.
  • Establishing a mechanism/checklist to ensure operations are under control and give requisite support to business heads.
  • Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
  • Debt management and collection
  • Collaborate with auditing services to ensure proper compliance with all regulations
  • Ensure that all financial transactions are properly recorded, filed, and reported
  • Coordinating audit processes.
  • Ensure quality control over financial transactions and financial reporting

Cost Control, Cash Flow Management & Administration:

  • Imports and logistics supervision
  • Receivables, Payables and Stocks control
  • Improving efficiencies and reducing costs across the business
  • Monitor and facilitate administration activities for the company
  • Ensure assessment and proper control on the admin expenditure for the company.

Education and Experience

  • Bachelor’s Degree in Accounting, Economics, Finance, or relevant field (Minimum of Second class upper).
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Applicant must have a Minimum of 7 years relevant experience in Financial Management and Controls.
  • Age Requirement: 30 – 38 years old.

Required Skills / Abilities:

  • Advanced Accounting Skills
  • Proficiency in accounting software.
  • Analytical Skills
  • Innovative Leadership
  • Time Management
  • Decision Making and Problem Solving
  • Communication and Inter–Personal Skills
  • Leadership; Coaching, Delegating and Developing People
  • Change Management Skills
  • Networks and Alliances
  • Strategic thinking

Application Closing Date
20th July, 2022.

8.) Audit, Risk and Compliance Governance Business Partner

Locations: Edo, Lagos and Oyo

Duties / Responsibilities
Audit:

  • Conduct environmental audits to ensure adherence to environmental standards.
  • Develop Internal Audit Strategic Plan for the SBU
  • Monitor and test corrective actions from prior audits
  • Provide support to the Company’s independent auditors
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.

Compliance:

  • Continuous monitoring of business activities to ensure compliance with company Policies, Processes, Guidelines and Governance framework
  • Interacting with external auditors on matters related to audits of the organization’s internal controls
  • Coordinate the preparation of regulatory reporting
  • Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated
  • Advise Management on the implementation or operation of compliance programs.

Risk Management:

  • Execute Internal audits, Compliance review & Risk management included in the annual ARCG plan
  • Assess product, compliance, or operational risks and develop risk management strategies
  • Develop, enhance, and apply procedures and approach to Internal audits, Compliance review & Risk management execution in the business and seek to identify new potential gaps in the business.
  • Effectively communicate findings, recommendations, resolutions & updates to Business Management & Board Committees in respect of Internal audits, Compliance review & Risk management issues.

Education and Experience

  • Minimum of a second Class upper in any course from a reputable university
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Minimum of 5 Years cumulative experience as an internal control personnel
  • Goods knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).
  • Age Requirement: 28 – 35yrs old

Required Skills/Abilities:

  • Innovative Leadership
  • Time Management
  • Decision Making and Problem Solving
  • Leadership; Coaching, Delegating and Developing People
  • Networks and Alliances
  • Managerial Leadership/Talent Management Skills
  • Interpersonal skills
  • Negotiation Skills.

Application Closing Date
18th July, 2022.

Method of Application
Interested and qualified candidates should:
Click here to apply online

9.) Audit, Risk and Compliance Governance (ARCG) Business Partner

Locations: Abuja (FCT) & Lagos

Duties / Responsibilities
Audit:

  • Conduct environmental audits to ensure adherence to environmental standards.
  • Develop Internal Audit Strategic Plan for the SBU
  • Monitor and test corrective actions from prior audits
  • Provide support to the Company’s independent auditors
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed.

Compliance:

  • Continuous monitoring of business activities to ensure compliance with company Policies, Processes, Guidelines and Governance framework
  • Interacting with external auditors on matters related to audits of the organization’s internal controls
  • Coordinate the preparation of regulatory reporting
  • Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated
  • Advise Management on the implementation or operation of compliance programs.

Risk Management:

  • Execute Internal audits, Compliance review & Risk management included in the annual ARCG plan
  • Assess product, compliance, or operational risks and develop risk management strategies
  • Develop, enhance, and apply procedures and approach to Internal audits, Compliance review & Risk management execution in the business and seek to identify new potential gaps in the business.
  • Effectively communicate findings, recommendations, resolutions & updates to Business Management & Board Committees in respect of Internal audits, Compliance review & Risk management issues.

Education and Experience

  • Minimum of a second Class upper in any course from a reputable university
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Minimum of 5 years cumulative experience as an internal control personnel
  • Good knowledge and use of Microsoft Office packages & ERP systems (Knowledge of Navision& SharePoint will be an added advantage).

Application Closing Date
31st August, 2022.

10.) Business Accountant

Location: Ekiti

Primary Responsibilities

  • As a strategic business partner with the Business Manager and Management, BA is responsible for the assessment of the company’s performance against both the annual budget (in line with the levers of control) and the company’s approved 5-year Plan.
  • Develops tools and systems to provide critical financial and operational information to the Business Manager and provides actionable recommendations on both strategy and operations.
  • Cost: create sense of value for money across board to enhance effective deployment of resources. Work together with all units to ensure SBU uses less to achieve more. Ensure the Naira differential objectives are met
  • Put the right mechanism in place to ensure SBU Pays all obligations on due date, stays Cash-Flow Positive throughout the period in line with the financial indicators in the plan
  • Responsible for the seamless and real-time running of the financial reporting processes to aid speed of service delivery to both internal and external parties
  • Report the actual financial Performance and compare with the Control Levers.
  • Oversee the finance and Accounts unit to ensure proper maintenance of all accounting systems and function
  • Oversee payroll budgeting, monthly payroll, and all related controls. Assist in the design, implementation, and timely calculations of wages, incentives, commissions, and bonuses and ensure adequate cash flow for payroll payments.
  • Provide financial analysis and support for HR regarding cost effective benefit plans, health insurance plans and other fringe benefits affecting SBU associates
  • Insurance Claim workflow should be strictly monitored, and each claim settled/closed within a month after the incident.

Education and Experience

  • Minimum of a Second Class Upper in Accounting, Economics, or Finance from a reputable university
  • Must be a Chartered Accountant (ACCA or ACA).
  • An MBA or equivalent postgraduate management degree will be an advantage
  • Applicant must have a Minimum of 5 years working experience in similar role as Management Accountant.

Application Closing Date
30th August, 2022.

11.) Saroafrica Internship Programme

Location: Nationwide

Eligibility

  • Minimum Second-Class Upper Degree (2:1) in any underlisted disciplines from a reputable University: Agriculture / Agric Extension, Biochemistry, Microbiology, Economics, Accountancy, Marketing, Computer Science, Agronomy, Engineering (Electrical Electronic, Mechanical Engineering, Production, Agric), Business Administration, Human Resources / Industrial relations.
  • You love to work in a Team
  • You value Diversity and aspire to work in a dynamic culture.

Application Closing Date
20th October, 2022.

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Here is How to receive cash from abroad via wire transfer in Nigeria through international bank wire transfer into DOM account. It is true that the majority of people would want to receive money from abroad via wire transfer which is one of the better and fastest ways so far. But it is also true that a good number of people still prefer sticking with wire transfer. And, it is because of these ones that we've decided to give out this very useful piece of information on how to receive money from abroad via wire transfer into your domiciliary account, without unnecessary palaver. However, for the purpose of awareness, it becomes important to state here that there are numerous banks in Nigeria that operate the domiciliary account. Among the banks are Gtbank, Diamond Bank, First Bank, Zenith Bank, UBA etc. In other to receive money in Nigeria through international bank wire transfer into DOM account, you need to have or open a domiciliary account in Nigeria. You can open a domiciliary with any of the above banks. As soon as you open a domiciliary account, your sender can send the money direct into your domiciliary account. All that is now required of you is to ensure that you send your correct bank account details to your sender. Learn: Very Easy Way Top Up Your Bank Account In Nigeria With One1Card Trending Now Receiving Money From Abroad Just as millions of people send money internationally every year, millions of people are also on the other end receiving that money from abroad. You could be receiving an international payment as a freelancer from an overseas client, from a loved one who is working abroad, receiving inheritance abroad, or for a myriad of other reasons – and the good news is that these days, send and receiving money from abroad is more accessible than ever. How can to receive money from Abroad via wire transfer into my domiciliary account? Give your details in accordance with the example below; Country - Nigeria Bank name- Gtbank Address- 102, Bisola Yayadu street. Ikoyi Beneficiary name- Your Name Bank identifier/SWIFT CODE- GTBINGLA Account number- Your DOM Account Number IBAN- GB67 CITI 1850 0805 5116 15 Certainly, you will always receive a deposit alert within 72 hours once the transfer is successful done. How to withdraw money from a domiciliary account in Nigeria? There is no difference between the process of withdrawing money from your domiciliary account and the way you withdraw money from your savings or current account. It is the same. The only difference there is lies in the foreign currency in which you’re being paid with. Learn: How to Send Money on Snapchat: A Quick and Easy Guide Tip on How to receive cash from abroad via wire transfer in Nigeria from Quickteller using Western Union How to receive money in Nigeria via Quickteller through western Union to your bank account • Register or create an account on Quickteller.com • "Log on to Quickteller.com" • Click the on the Send and Receive Money tile • Click the Western Union tile • Select your bank, either GTBank, StanbicIBTC or Wema bank Under "Choose currency" select "Naira" • Click "Receive money now" and the Western Union – Receive Money data page opens • Now carefully enter the following details: • The MTCN (Money Transfer Control Number) as provided by the sender • Sender's Country • Receiving account number i.e. your bank account number where you wish to receive the funds • Receiving account type i.e. either current or savings • Expected Amount in Naira as provided by the sender • Under Receiving Currency leave the name of the bank and Naira as default. • First Name (Receiving Account) which is your account first name as it appears at your bank • Surname (Receiving Account) which is your account surname as it appears at your bank • Mobile Number – your mobile number • Answer to test question as provided by the sender • Click "Continue" • Confirm the details provided Summary  Receiving an international money transfer has become more convenient than ever before, with short waiting times and a variety of different options from which to choose. You can now select how you want to receive money from a range of options, from bank transfer all the way to having cash delivered to your doorstep. The exact transfer time, method and cost of receiving money from abroad all depend on the money transfer provider chosen by the sender, along with the country and currency in which you will be receiving the funds. Most of the fees associated with an international money transfer are paid by the sender. However, as a recipient, you may have to pay a receiving fee and intermediary fee. The actual amount you receive in your account will depend on the exchange rate and the fees charged on both ends of the transaction. If the sender and recipient can mutually decide upon using the right money transfer provider, considerable money and time can be saved. You can check out our comparison tool to find out the best service for your money transfer needs and ensure as much money as possible arrives with you.

How to receive cash from abroad via wire transfer into your domiciliary account

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