In this short post we will address questions such as how to receive your AdSense payment with your Naira savings account, full List of Nigerian Banks that Support International Wire Transfer from Google, Updated List of banks and the SWIFT-BIC Codes that allow you to withdraw Google AdSense earnings, how you can receive your earnings for Nigerian AdSense, US AdSense , or UK AdSense to your Nigerian Savings Account and How to link Nigerian Savings Account with Googles AdSense Payout.
For those who wish to know how to receive AdSense earnings in Nigeria via Domiciliary Account, this post is not for you. We will only address AdSense Payments by Wire Transfer which the AdSense publisher will get the Naira equivalent of her AdSense money. This post will also give you understanding of how Add payment method in AdSense.
How Does Google pay AdSense earnings to Nigerians
The most common ways Nigerians receive Google AdSense earnings, which Google pays in dollars and other hard currencies, is through wire transfer. Note that your payment will show in Dollars in your AdSense Dashboard if you are using if you have Nigerian or US Adsense account and you’d be credited in UD Dollars ($). But if you have a UK Adsense Account, then your payment in your Adsense will reflect British pound.
How Do Nigerian Banks Pay Your AdSense Earnings?
Nigerian banks don’t pay you in Dollar, unless you have a Domiciliary Account with the Bank. Instead, they convert the Dollar to Naira equivalent before paying it into your local bank account. So, you don’t have to worry about getting a Domiciliary Account. But if you want to get Domiciliary Account, you need to meet your bank for details on that.
The advantage of Domiciliary Account is that you can withdraw the Dollar in Nigeria and perhaps exchange it at higher rates with the money exchange you know.
How AdSense Pays Nigerians By Wire Transfer
A wire transfer uses electronic funds transfer method . This method allows you to receive funds directly into your local bank account. So, when Google sends your earnings via wire transfer in U.S. Dollars or Euros, depending the type of AdSense Account you have, you get the money in the bank account you specify securely.
So, when you receive your earnings into your local savings account, your Nigerian bank automatically converts amount received into Naira and credit your account in the equivalent.
Now that we have answered the questions how do I receive Google Adsense payment in Nigeria?, let’s proceed with how to other important information.
Nigerian banks support wire transfer from Google Adsense and their SWIFT-BIC Codes
Most Nigerian Banks support Wire-Transfer, BUT majority of them only accept such transfer for Domiciliary Account only.
But the good news is that there are some Nigerian banks that supports wire-transfer of Dollar into your local bank account, which your bank will convert to Naira before crediting your savings account.
Updated List of Nigerian Banks and the SWIFT-BIC Codes that allow you to withdraw Google Adsense
- Access Bank(Savings) – ABNGNGLA
- First Bank (Savings)– FBNINGLA
- Zenith Bank (Savings) – ZEIBNGLA
- Diamond Bank (Savings Extra)– DBLNNGLA
- ECO Bank (Savings)– ECOCNGLA
- UNITED BANK FOR AFRICA, UBA, (Savings) – UBNINGLA
- First City Monument Bank (FCMB)
When in doubt, please confirm from your bank that they support such direct transfer from AdSense.
When you’ll be paid AdSense earnings through wire transfer
You will receive your AdSense earnings every month, provided your earnings reach the AdSense payout threshold. But to receive your payments, you’ll need to provide your bank account information in your AdSense Account Payment Settings. See how to link your Nigerian Savings Account to AdSense below…
How to link Nigerian Savings Account with Googles Adsense Payout
To link your Nigerian Savings Account with AdSense, follow these steps
STEP 1: Sign in to your AdSense account.
In the left navigation menu options, click Settings
Then click Payments from the drop down menu
Click Add payment method.
Choose the radio button for “Wire transfer to bank account” and click Continue.
Enter your Nigerian bank account details. Ignore the parts that say “Intermediary bank (ask your bank)” and “FFC or FBO (ask your bank)”, click Save
NOTE: You can contact your bank if you need to confirm their SWIFT-BIC Code or any other information.
If you’re you are yet to receive AdSense earnings for the first time, you need to know the threshold for payout. See Image below for summary.
That’s All. Have any question? Leave a comment. Please share this post. Thanks.