FirstCurrent Business

At FirstBank, we provide the support businesses need to grow with a dedicated business current account.

Account Information


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.

See also