Open UK bank account from Nigeria
How to Open UK & Global Accounts with Risevest, Raenest, and Other Fintech Apps, Step-by-Step Guide for Nigerians
With the rise of digital banking and fintech platforms, it’s now easier than ever for Nigerians to access international bank accounts, invest in foreign stocks, and manage money in multiple currencies. Platforms like Risevest and Raenest have simplified this process, giving ordinary users a chance to grow wealth globally without leaving Nigeria.In this guide, we’ll take you through:
- Setting up Risevest and Raenest accounts
- Creating UK, US, and Euro accounts
- Investing in foreign stocks
- Using these accounts to invest in the Nigerian Exchange (NGX)
Everything will be explained step-by-step, with examples.
1. How to Use Risevest to Invest in Foreign Stocks:
What Risevest Does
Risevest is a mobile-first platform that allows Nigerians to invest in international assets like U.S. stocks, real estate portfolios, and bonds. It is ideal for beginners who want exposure to global markets without complex procedures.
Step-by-Step: Setting Up Risevest
1 Download the App
2 Available on Google Play Store and Apple App Store.
3 Sign Up
4 Use a valid email, phone number, and government-issued ID for verification.
5 Complete KYC Verification
6 Upload a photo ID and provide your personal details. This step ensures your account is fully functional for investing.
1 Fund Your Wallet
a) Link your bank account or debit card and add Naira.
b) The app automatically converts funds to USD for international investments.
2 Choose Your Investment Plan
Options include:
1 Stocks: Curated U.S. equities
2 Real Estate: Managed property portfolios
3 Fixed Income: Bonds and income-focused investments
Invest and Monitor
- Start investing according to your risk appetite.
- Track growth via the app dashboard.
Tip: Even if you start small, your investments grow over time. Risevest also handles currency conversion, so you don’t need a foreign bank account to buy U.S. assets.
2. How to Open a UK/Global Account Using Raenest
What Raenest Offers
Raenest (formerly Geegpay) lets you open multi-currency accounts including GBP (UK Pounds), USD, EUR, and NGN. It’s perfect for freelancers, remote workers, and investors who want a digital bank account that works globally.
Step-by-Step: Setting Up Raenest
1) Download the App
2) Search for Raenest on Google Play or Apple App Store.
3) Register Your Account
4) Enter your email and phone number, then verify via OTP.
5) Set Your Password & Agree to Terms
6) Create a secure password.
7) Accept legal terms to comply with cross-border regulations.
- Complete KYC Verification
- Provide full name, date of birth, and address.
- Upload government ID and BVN for Nigerian users.
- Create Multi-Currency Accounts
- Navigate to “Accounts” → “Create New Account” → choose a currency:
- GBP for UK account
- USD for U.S. account
- EUR for Euro account
- NGN for local Nigerian account
- Receive Account Details Instantly
- You’ll get IBAN, account number, and sort code (for GBP), which can be used to receive funds internationally.
Features You Get With Raenest
- Receive payments in USD, GBP, EUR from anywhere in the world
- Spend globally using virtual or physical cards
- Convert currencies instantly at competitive rates
- Send money locally or abroad at low fees
- Invest in foreign stocks (where available)
Raenest is especially useful if you want to receive freelance income from international clients or invest in global stock markets.
3. Investing in NGX Using These Accounts
Even if your funds are in foreign currencies, you can still invest in the Nigerian Exchange (NGX):
- Use your NGN account from Raenest or your local bank.
- Fund Nigerian stockbroker apps like Bamboo, Trove, or Afrinvest.
- Trade NGX-listed stocks directly from your phone.
Tip: Using Raenest’s NGN account simplifies transferring funds to Nigerian brokers and makes cross-border currency management seamless.
With Risevest and Raenest, you can now:
- Invest in U.S. and global stocks
- Open GBP, USD, EUR, and NGN accounts
- Receive and send money globally
- Easily access the Nigerian Exchange (NGX)
These apps remove the barriers of traditional banking, making global investing accessible from your phone.
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