How To Withdraw Blog Revenue Money TO Local Bank In Nigeria

One of the questions that many new bloggers or intending blog owners used to ask is how to get their money from the winds into their bank account where they can cash it. It is after you might have withdrawn money physically that your mind can actually be at rest and you will be much energized to take your blogging career to higher levels.

This post will focus more on how to get your blog money into your local account or into another account where you may be able to withdraw it anywhere in the world and particularly in Nigeria.

We like to advise that holding your money in US dollar could be more important with the current Nigerian economy since you may one way or the other want to make online transactions that involves US dollar.

You reasons for being a money making blogger should not be to just get the money into your local bank account and spend it in Naira, get your hands on other international stuff to improve your knowledge about how the world works around money.

Now let us start the discussion proper

By now if you already own a blog or you are hearing it for the first time, you have to know that blogging is one of the best methods of making decent money online in a good and secret manner.

Bloggers are now as important as anyone else in our society and this is simply because their information spread affects us quickly than the regular news sources. Therefore, it is easy for bloggers to make cool and secret money nowadays.

Many bloggers right here in Nigeria and all over Africa make a lot of money online by taking the advantage of monetizing their blog through Google Adsense, affiliate marketing and other online sources of making money online through websites and blogs.

 A lot of blogging money come in United States dollars (US dollar) and this is money must land in your account one way or the other because receiving dollar will be more profitable for you than receiving in local currency.

To receive in dollars, you will have to open a domiciliary account which is also called dollar account or Euro account etc., depending on the currency you are interested in.  many online platforms will pay directly your domiciliary account and you can then withdraw your dollar over the counter.

Since there are several ways and platforms available for making money online, there are many ways also to get the money into your bank account so that you can access it.

Be guided that payment method is specific to platform from where you make the money online and that is why it important to understand the cash in methods. It is a case of different strokes for different folks.

Receiving money from Google Adsense Monetization

As you may have known, Google Company which is the owner and promoter of Adsense advertising network, pay their subscribers in US dollars.

Therefore, if you are receiving money from Google Adsense, one of the ways of receiving your cash is either  by opening a domiciliary account with denomination in dollars or open a savings account in some Nigerian banks that support deposit of Google Adsense money directly into the dedicated savings account.

Diamond bank savings account, UBA and Zenith bank savings account can receive Google Adsense money in Naira.

Receiving Money From Affiliate Networks

There are several affiliate marketing platforms out there and many of them can be a good source of making money online. There are now a couple of affiliate marketing platforms in Nigeria and for these ones, you don’t need to worry as you will receive your money easily through your bank account here.

International affiliate networks however, pay in United States dollars and other denominations that are convertible to dollars. For example, if you are subscribed to commission junction, e-bay, amazon associates, you can receive dollars into your account.

All you need to do is to open account with an online bank with the name Payoneer. This bank offers you Mastercard or Debit Card which you can use to withdraw from the ATM directly if you need your money in Naira or you can open a domiciliary account with your bank and ask Payoneer to send your dollars into the account.

It is very important to be acquainted with the new payment methods on the affiliate program you subscribe to so that you will understand the best method of getting your money with little or no effort.

We know that affiliate program like amazon will pay into your account directly in form of check, Hostgator and other international web hosting companies will pay directly to your local account.

Receiving Money From eBooks

If you are a prolific book writer or you have taken writing as a passion, you may as well monetize your books if they are in eBook format. Now there are eBook sales platforms in Nigeria and we do belong to about three of them. Although not much money is coming from the books but its easy to receive money since they are here with us.

In the case of international platforms like amazon, e-bay and amazon kindle, you may wish to receive your money in the original denomination which is US dollars. Its not that these platforms are not going to pay directly into your saving account locally, but for some reasons, you may like to have your money in US dollars.

To collect your money in US dollars, you can either open a domiciliary account with your bank or open a routing account with Payoneer and get your money in US dollars. Payoneer Mastercard can be used worldwide for other online transaction and that could be why you need to be smart enough to keep your money in the original form so that it can be useful for you later.

One of the important part of Payoneer is that you can also withdraw the money to your local account in your local currency. This way, you will save yourself from possible problems of banking troubles. If you make your money with ease, you deserve to receive it in peace as well.

In any case, you will be able to get your blog money into your local bank account here in Nigeria if you are a smart blogger.