As we already known, most Bloggers monetize their blogs using Google AdSense earnings (the best advertising platform for both advertisers and publishers), but some find it difficult to receive their AdSense Earnings to be transfer into Nigerian bank Accounts. The method of payment used before is through PayPal which is not acceptable in Nigeria before AdSense think of making things easier for Nigerian Publishers to receive their earnings.
Although PayPal is now acceptable in Nigerian but not yet available for withdrawing funds, why should you keep using PayPal when you have a better way to receive your AdSense earnings straight into your Nigerian Bank Account just by linking your Nigerian savings account with Googles AdSense earnings payout. So its time you switch to the new method and forget about selling PayPal funds.
List of Nigerian Banks That Support Wire Transfer from Google AdSense Earnings
- Diamond Bank Saving Account
- Access Bank
- Zenith Bank
- ECO Bank
- First City Monument Bank
How Google AdSense Pay Her Publishers
Google pays in dollars and other hard currencies. If you have UK AdSense Account, then your payment in your AdSense will reflect British pound, if your account is Nigerian or US AdSense account, then you’d be credited in dollars ($).
How Nigerian Banks Pay Blogger
But Nigerian banks won’t pay you in hard currency unless you have a Domiciliary Account. To get Domiciliary Account Nigerian banks would give guidelines that would be tasking for a beginner in the blogging industry to meet.
Alternative to Domiciliary Account for International Wire (Google AdSense Earnings) Transfer is Savings Accounts
Google AdSense Earnings Payments By Wire Transfer
A wire transfer is a method of electronic funds transfer that allows you receive funds directly into your bank account. Google sends your earnings in U.S. dollars or Euros, depending on your account currency, via international wire transfer to the bank of your choice and you get the money in the bank account you specify. This is a fast, simple, and secure method for receiving your payments.
How Savings Account Works With Wire Transfer From Google
This is very simple: when you receive your earnings in Pounds or Dollars into your local savings account in Nigeria, your bank automatically converts such wire transfer into naira and credits your account in the equivalent. That has simply answer question about: How do I receive Google AdSense payment in Nigeria?
That strongly depends on the exchange rate at the time the payment was made.
Which Nigerian Banks Support Google AdSense Payment
Virtually all Nigerian Banks support international money transfer, BUT the downside is that most of them only accept across the border transfer when you have dom. account.
However, a few of them allow you to receive the dollar or Euros, or pounds equivalence of your ads earnings.
List Of Banks And The SWIFT-BIC Codes That Allow Google AdSense Earnings Payout In Nigeria
- Access Bank(Savings) – ABNGNGLA
- Diamond Bank (Savings Extra)– DBLNNGLA
- ECO Bank (Savings)– ECOCNGLA
- First Bank (Savings)– FBNINGLA
- UNITED BANK FOR AFRICA,UBA, (Savings) – UBNINGLA
- Zenith Bank (Savings) – ZEIBNGLA
- First City Monument Bank (FCMB)
See the full list of BANKS AND THERE SWIFT-BIC CODES IN NIGERIA
Using any of the above banks, you’ll be able to receive Google AdSense earnings directly into savings account right here in Nigerian.
What is SWIFT-BIC Codes?
“The SWIFT Code is a standard format for Business Identifier Codes (BIC) and it’s used to uniquely identify banks and financial institutions globally – it says who and where they are. These codes are used when transferring money between banks, in particular for international wire transfers or SEPA payments. Banks also use these codes to exchanging messages.”—Transfer Wise
How You’ll Be Paid Through Wire Transfer
Once you reach the payout threshold, your revenue will be paid out once a month through a wire transfer to your bank account. To receive your payments, you’ll need to provide your bank account information in your AdSense account.
Step By Step How To Link Nigerian Savings Account with Googles AdSense Payout
Follow the guide below to add your Nigerian savings account to your AdSense account in other to start cashing out every month when threshold is reached.
STEP 1: Sign in to your AdSense account.
STEP 2: In the left navigation panel, click Settings
STEP 3: From the drop down menu, click Payments.
STEP 4: Click Add payment method.
STEP 5: Choose the radio button for “Wire transfer to bank account” and click Continue.
STEP 6: Enter your bank account information and click Confirm and continue.
NOTE: If you need additional assistance locating your financial information, please contact your bank and ask for instructions for receiving a wire transfer from abroad.
Google AdSense Payment Threshold
If you’re a first timer, you need to know the threshold for payout.
|Currency||Address verification||Form of payment entry||Payment Threshold||Cancellation|
|Great British Pound (GBP)||£10||£10||£60||£10|
|U.S. Dollar (USD)||$10||$10||$100||$10|