First Savings Plus Account
It is a hybrid savings account that runs on a savings platform with current account features for your convenience. The new Savings Plus incorporates convenient features for middle to high end customers, and great reward for customer loyalty.
Product Features/Benefits
- Minimum opening/operating balance of N50, 000.00
- Normal savings interest rate
- Deposit /withdrawal from any FirstBank Branch
- Cheque/dividend warrant lodgement
- Allows third party withdrawal through non-clearing customized cheques (across the counter only)
- Allows maximum of three (3) withdrawals monthly (interest credit is forfeited if exceeded)
- Draft issuance allowed from the account
- Free Internet Banking services on account set up
- Free Telephone Banking services on set up
- Free corporate gifts and persolized items
Click HERE to download First Savings Plus Acconut Opening Form
First Hi-Fi (Children) Account
This is a special account designed for children from age 0 – 18 years to sensitize and cultivate savings culture within this age bracket and to help parents plan towards the future of their children and wards.
Product Features/Benefits
- Opening/Minimum deposit of N5, 000.00
- Cheque and dividend warrant lodgement into the account allowed
- Standing order for payment of school fees
- Normal savings interest rate applicable
- Withdrawal limited to once per month or else interest accrued is forfeited for the month
- Free customized welcome pack when the child has saved a minimum of N50, 000.00
- Free birthday gift to the child
- Savers qualify for raffle draw on balances from N750, 000.00 and above to win N1 million tuition fee
- Raffle draws will produce six winners from six locations across the country in a year
- Cash collateralized loan up to 80% of the account balance
- Account can be converted to current account with the young savers as signatory, after attaining the age of 18 years
- Easy remittance of child’s tuition fees to school abroad
- Secure referral to open an account with FBN Bank (UK) Limited, London
Click HERE to download First Hi-Fi Acconut Opening Form
First Current Plus
First Current Plus is a current account with a difference. It accords you the opportunity to manage your funds without paying transaction charges such as COT.
- Withdrawal is limited to five (5) times in a month, where a customer exceeds the number of withdrawals, the account will default to N5.00/mille COT on the total customer induced transactions for that month.
- Withdrawal limit does not affect withdrawals made via alternative channels such as the ATMs,P.O.S etc
- Minimum of operating balance should be N500,000 for individual and N5,000,000.00 for Corporate.
- Zero COT charge.
First Dom Plus
Are you upwardly mobile? Then First Dom Plus is designed for you. It is an account that encourages you to save your foreign currency while still giving you the opportunity to earn higher interest on account balances.
- Minimum opening /Operating balance of $5,000.00
- Attractive interest rate 2% call/demand deposit and 6% for fixed deposit depending on the amount and tenor of the deposit.
- Transfer charge 0-025% flat is proposed for balances of $5,000.00.
- Account to be operated on specialized non clearing cheque book
- Draft issuance allowed from the account.
- Free card issuance.
- Free corporate/loyalty gift in line with graduated average balance for one ( 1) year within the $5,000.00