Why Choose this Current Account?
- It requires a minimum opening/operating balance of N100, 000.00
- Withdrawal limit – 5 times in a month inclusive of alternate channels
- Maximum turnover allowed for the month – N100 million
- Zero AMF
- Free initial cheque book
- Free online banking services
- Interest rate at 1.0% per annum
- This account allows funds transfer and bank cheques/drafts
- This account allows access to any of the numerous bank’s products
- Issuance of cheque books valid for clearing nationwide.
- Individuals & Corporate bodies can operate this account
- You must be aged 18 or older
- You must have a valid means of identification alongside all required documents below.
- Duly completed lndividual Account Opening Form
- Duly completed Specimen Signature card.
1) Who is eligible to open this account?
- Individuals and Corporate organisations that do a maximum of N100m monthly debit turnover
2) What is the implication if I exceed the maximum threshold debit turnover of N100million?
- The account will be charged N1/MilleAccount Maintenance Fee on the total debit turnover for the month.
3) What is the implication of withdrawing below the minimum operating balance of N100, 000?
- The account experiences a forfeiture of 1% interest rate.