The Domiciliary Current account is designed to enable you carry out local or international transactions from the comfort of your home, office or abroad. The account is funded in
Pounds, Euro, Dollars and Yen.
The account can be opened by Individuals, Business Owners, Small and Medium scale enterprises, corporate organizations.
Product Features
- Opening balance of $100, £100 & €100
- No minimum balance required
- No Account maintenance fee
- Cash handling charge (COT equivalent) of 0.5% on withdrawals
- Interest rate 0.01% p.a. (above 100,000 $,£,€)
- No restriction on number of withdrawals
- Different variants of Debit Card based on the customer’s preference
- Access to alternate channels e.g. Internet and Mobile banking
- Availability of cheque book
- Allows direct debit instructions
- Third party transactions allowed
- All other transactions are charged at banks approved rate
Benefits
- Access to overdraft and loan facilities for qualified customers at very competitive rates.
- Remote access to your bank account
- Monitoring of account activities from the comfort of your home/office via internet, telephone and mobile banking.
- Third party withdrawals
- Convenient & flexible account opening requirements.
- Provides account information updates via SMS/Email alerts
- Access to cash anytime, anywhere with debit cards on ATMs
- Use of Mastercard, Visa and Verve debit cards on POS terminals
Product Pricing
| PRICING |
RATE |
|
Cash handling charge
|
0.05% on withdrawals
|
|
Closure of account
|
Free
|
|
Cost of cheque book, ATM cards and all other transactions
|
Charged in line with the Bankers tariff
|
Product Features
- Opening balance and daily balance of [$, £,€] 500 for Classic
- Opening balance daily balance of [$, £,€] 10,000 for Dom Plus
- Interest rate of 0.1% and 0.2%% p.a. but paid monthly (Classic and Plus respectively)
- Different variants of Debit Card based on the customer’s preference
- Access to alternate channels e.g. internet and mobile banking etc.
- Non- chequing account
- All other transactions are charged in line with the Banker’s tariff.
- $10 issuance of debit card
- Free debit card for Dom Plus
Benefits
- Convenient & flexible account opening requirements
- Remote access to your bank account using our channel platforms
- Monitoring of account activities from the comfort of home/office via internet, telephone & mobile banking
- Provides account information updates via SMS/Email alerts
- No monthly maintenance charge on the account
Restrictions
- No cheque deposits allowed
Product Pricing
| PRICING |
RATE |
|
Interest Rate*
|
Currently at 0.1%p.a (Classic) 0.2% p.a.(Plus)
|
|
Account closure requests
|
Not Applicable
|
|
ATM withdrawals on us
|
Not Applicable
|
|
All other transactions are charged at the Banker’s tariff
|
Interest rate is based on 30% of CBN Monetary Policy Rate