The Diaspora Banking Account is an account that enables Nigerians who reside and work outside the country to maintain and perform domestic and foreign transfers through their accounts with Sterling bank.

All Nigerians living outside Nigeria.

Diaspora accounts can be opened online by downloading the Switch by Sterling app from your AppStore or Google Play Store or via the web: https://www.switch-ng.com/

This is an App specially and strategically developed for Nigerians in Diaspora. Switch is a free, easy to use financial services application that gives you access to banking services, currency exchange and insurance products at better rates.

You can open a tier 3 savings account in Naira, USD, GBP and EUR. A tier 3 account is one  that has a valid ID and BVN attached to it, allow card transactions and operate with a  Zero minimum balance.

1. Duly completed account opening form.
2. Passport photograph (1 copy per signatory)
3. Valid proof of identification (International Passport (bio-data page) OR Nigerian Driver’s  Licence OR Nigerian Voter’s Card OR Nigerian National ID (NIMC) OR other Nigerian  Government approved means of identification). In case of an expired Nigerian passport, kindly provide expired passport along with a valid state or resident card.
4. Nigeria Contact Details (Name, well detailed Nigerian address and contact person’s  phone number)
5. BVN (Bank Verification Number): This can be provided after account has been opened.

• Switch App used to open accounts, check your account balance, transfer funds, pay bills, purchase airtime, etc.
• Internet banking, Sterling bank Mobile banking App (Onepay/OneBank)
• Debit card services: Verve, Mastercard and Visa card (USD and Naira denominated) 

Minimum opening balance of $100 or its equivalent in other currencies (Naira, GBP &  EURO)

Yes, please. Customers receive an interest of 1.15% on a Savings Diaspora Account,  however, this is subject to review.

1. Diaspora accounts can be funded through various International Money Transfer  Operators (IMTO) available in your location or cash deposit across the counter at any Sterling Bank branch in Nigeria. 
2. You can fund your Switch account with any Bank card.

1. You can deposit cash across the counter at any Sterling Bank branch in Nigeria.
2. You can deposit funds to your Sterling domiciliary account through our  correspondent bank “Citibank” using below international wire transfer information;

FOR POUNDS INTERNATIONAL WIRE TRANSFER 

BENEFICIARY BANK NAME: STERLING BANK PLC GBP DOM. A/C BENEFICIARY BANK SWIFT CODE: NAMENGLA 
BENEFICIARY BANK ACCOUNT NO: 05529859 
BENEFICIARY IBAN No: GB45CITI18500805529859 
CORRESPONDING BANK SORT CODE: 18 50 08 
CORRESPONDING BANK NAME: CITIBANK LONDON 

BENEFICIARY CUSTOMER NAME:
BENEFICIARY CUSTOMER ACCOUNT NUMBER:  

FOR USD INTERNATIONAL WIRE TRANSFERS 

ACCOUNT NAME: STERLING BANK PLC 
STERLING SWIFT CODE: NAMENGLA 
ACCOUNT NO: “Insert Sterling domiciliary Account Number”
BANK NAME: CITIBANK N.A., NEWYORK
ADDRESS: CITIBANK NEW YORK (HEAD OFFICE), 399 PARK  AVENUE, NEW YORK, NY 10043, U.S.A 

Beneficiary Account Name:  
Beneficiary Account Number:  

Note: All dollar transfers must be done as International wire transfers through your foreign Bank 

FOR EURO INTERNATIONAL WIRE TRANSFER 

BENEFICIARY BANK NAME: Sterling Bank Plc.
BENEFICIARY BANK IBAN NUMBER: GB53CITI 1850 0808663106
CORRESPONDENT BANK NAME: Citibank London 
CORRESPONDENT BANK SORT CODE: 18 50 08
STERLING SWIFT CODE: NAMENGLA 

BENEFICIARY CUSTOMER NAME: 
BENEFICIARY CUSTOMER ACCOUNT NUMBER:

Yes, please. Diaspora customers have access to Mortgage loans for specific  Nigerian properties. This is subject to eligibility and approval.