At FirstBank, we provide the support businesses need to grow with a dedicated business current account.
At FirstBank, we provide the support businesses need to grow with a dedicated business current account. This account is designed for micro, small, medium and large-scale enterprises, enabling businesses to perform a variety of transactions at a predetermined fee.
It’s a new current account designed to cater for business needs of small and medium-scale enterprises. It allows unlimited transactions without paying COT.
The First Current Business Account allows payment of a monthly fixed charge depending on the particular variant subject to a prescribed minimum account balance and maximum debit turnover.
Yes. The customer pays COT at N3/mille on the excess amount over the prescribed debit turnover limit.
The First Current Business Account is a non-borrowing account.
Yes. The requirements for opening the generic current also apply to the First Current Business Account.