Top Dollar Savings Accounts for Nigerians in 2025

For Nigerians, saving in dollars can help protect their savings from inflation, currency changes, and economic instability. Luckily, there are several dollar savings accounts that meet the needs of Nigerian citizens, offering a safe way to protect their money in a widely accepted currency.

Here are the five trusted dollar savings accounts available to Nigerians in 2025.

1. GTBank Dollar Savings Account

Guaranty Trust Bank (GTBank) offers a popular dollar savings account, allowing Nigerians to save in U.S. dollars. This account is perfect for those who want to keep their savings in a safe and accessible form.

GTBank offers good interest rates, and customers can manage their accounts online. The account also allows dollar withdrawals and transfers, making it flexible for personal and business use.

2. First Bank of Nigeria Dollar Savings Account

First Bank, one of Nigeria’s oldest and most trusted banks, provides a dollar savings account. This account gives customers the option to save and transact in U.S. dollars, offering a safe way to protect savings from the Naira’s fluctuations.

The bank provides easy access to funds, and its online banking platform makes managing the account simple. It’s especially beneficial for Nigerians involved in international trade or business.

3. Access Bank Dollar Savings Account

Access Bank offers a dollar savings account for Nigerians who prefer to hold their savings in U.S. dollars. The account provides competitive interest rates, and the bank offers a secure platform for deposits and withdrawals.

With easy online access, customers can also make international transfers without any difficulty. This account is perfect for those who need to make secure transactions in dollars.

4. Stanbic IBTC Dollar Savings Account

Stanbic IBTC, a part of Standard Bank Group, offers a specialized dollar savings account for Nigerians. This account is designed for people with regular access to foreign currency or those saving for international purposes like education, travel, or investment.

The bank provides great customer service and a mobile banking platform that makes managing the account simple.

5. UBA Dollar Savings Account

United Bank for Africa (UBA) provides a U.S. dollar savings account that caters to both personal and business clients.

This account allows Nigerians to save in a stable currency, especially during times when the Naira is at risk of devaluation. With UBA’s account, customers can easily access their funds online and earn competitive interest