This account allows you to save, make and receive payments in foreign currency i.e. Pounds, Euros, Dollars, Yen, etc.
Features and Benefits
- $100, £100 & €100 opening balance
- Available for corporate and individual customers
- Zero minimum daily balance
- Customized cheque book
- Zero Monthly Maintenance
- No restriction on number of withdrawals
- Interest rate 0.01% p.a. (above 100,000 GBP, USD, Euro)
Account Opening Requirements
- Means of address verification
- 2 references
- 2 Passport photographs
- Valid ID of each signatory
- Residence Permit (Foreigners)
- Forms CO7 and CO2 as applicable
- Certificate of Incorporation / Business Registration
- Memorandum and Article of Association as applicable
- Board resolution as applicable
- Search report as applicable
This account offers services to meet your daily business banking needs.
Product Features
- Opening balance of N50,000
- No minimum balance required
- Account maintenance fee of N/mille
- Availability of Cheque book
- Different variants of Debit Card based on the customer’s preference
- Access to alternate channels e.g. online, mobile & telephone banking
- Allows direct debit instruction
- Third party transactions allowed
- All other transactions are charged at banks approved rate
Benefits
- Access to overdraft and loan facilities for qualified customers at very competitive rates
- Monitoring of account activities from the comfort of home/office via internet, telephone and mobile banking.
- Third party withdrawals
- Convenient and flexible account opening requirements
- Provides account information updates via SMS/Email alerts
Account Opening Requirements
- Documentary evidence of address
- 2 references
- 2 Passport photographs
- Valid ID of each signatory
- Residence Permit (where applicable)
- Forms CO7 and CO2
- Certificate of Incorporation / Business Registration
- Memorandum and Article of Association
- Board resolution
- Search report
- Power of attorney (if applicable)
- Partnership deed (if applicable)
- Letter of administration/ Letter from the Bursar/ from Dean or HOD (if applicable)
- Resident Permit(non-Nigerian)
- Tax Identification Number (TIN)
- BVN of signatory(ies)
- Evidence of appointment of company secretary/Authorization from Accountant General/ treasurer of LG council (if applicable)
This account was specially designed to enable account holders to run their accounts at minimal cost while maximizing other opportunities required to grow their businesses.
Product Features
- Opening balance of N10,000
- Minimum daily balance of N20,000
- Zero monthly account maintenance fee.
- Maximum monthly turnover of N50million
- Different variants of Debit Card based on the customer’s preference.
- Access to alternate channels e.g. online, Primus Plus, mobile & telephone banking
- No restrictions on number of withdrawals
- Direct debit instructions
- No current account maintenance fee subject to maximum monthly turnover of N50Million and minimum daily balance of 20,000
Benefits
- Account is online real time
- Zero current account maintenance fee (subject to maintaining minimum balance and maximum turnover covenant)
- Free Financial Advisory Services
- Free Economic and Business Intelligence Reports
- Monitor account activities at the comfort of your home or office through the internet
- Third party withdrawals
- Provides account information updates via SMS/Email alerts
Account Opening Requirements
- Documentary evidence of address (Utility bill)
- 2 references
- 2 Passport photographs
- Valid ID of all signatories
- Residence Permit (Foreigners)
- Forms CO7 and CO2
- Certificate of Incorporation / Business Registration
- Memorandum and Articles of Association
- Board resolution
- Search report
- BVN
Product Pricing
PRICING |
RATE
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Account Maintenance Fee
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N1/mille Account Maintenance charges will apply if minimum daily balance is breached.
If the stipulated maximum turnover volume of N50,000,000.00 is breached, then N1/mille will apply on the excess above the stipulated turnover
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