Frequently Asked Questions : Access Online
Product Features | Mpower Biz Classic | MPower Biz Gold | MPower Biz Platinum |
---|---|---|---|
Opening balance | N20,000 | N50,000 | N250,000 |
Minimum daily balance | N20,000 | N50,000 | N250,000 |
COT | Zero (0) | Zero (0) | Zero (0) |
Monthly maintenance charge | N1,000 | N5,000 | N7,500 |
Sanctions for Default |
|
|
|
Fertility treatments, natal (child delivery) services, bariatric (weight control), specialized procedures such as hysterectomy, myomectomy etc.
All Nigerians residing legitimately who are 60 years and above
Business segments organizations will the desire to expand and provide a global reach for the business. Some of the categories include:
Fashion |
Life Style: Beauty, Health, Sports & Fitness |
Books, Music & Movies |
Religious Bodies |
Travel Agencies & Airlines |
Home and Interior Design |
Gaming Sites |
Mobile Recharge, Internet Subscription |
Shipping |
Distributorships |
Baby, Toys & Kids |
Electronic Shops |
Schools |
Online Food Ordering services |
Online tutorials, education for training courses |
Agencies for rates and fines – LASTMA, LAWMA |
Recurrent billers such as Utility Bills (waste mgmt., water, electricity) gymnasiums, child-care, reputable NGO & charities, Cable subscription |
Professional bodies & institutes associations , services |
Online Market Place |
|
The MHS Scheme covers both domestic and overseas medical bills.
LOCAL SPEND | INTL. SPEND | DAILY LOAD LIMIT (NGN) | |
---|---|---|---|
ATM | NGN150,000 | $300 Daily | 50,000 |
POS | NGN 250,000 | NGN 250,000 (Equivalent in any currency) Daily | |
WEB | NGN 250,000 | NGN 250,000 (Equivalent in any currency) Daily |
There are no Monthly Spend Limits. Annual International Spend Limit is $50,000
Charge | Frequency | |
---|---|---|
COT | Free | N/A |
COT | N1/mille | Monthly |
Product | Transaction Type | Transaction Fee |
---|---|---|
Access Online | Intra Bank Transfer | No charge |
Inter Bank Transfer | ||
Less than N500,000 | 100 | |
Between N500,000 and N1M | 200 | |
Between N1M and N10M | 600 | |
Above N10M | 1000 | |
Bill Payments | 100 | |
Air-Time Recharge | No charge |
You can seamlessly use:
Yes. However, this will take a longer time for your card delivery as personalized card requests are treated within 5 business days.
No, a valid USSD PIN Reset is from the mobile number linked to your account(s) only.
There is no restriction on the number of withdrawals for this account.
The integration is at a zero cost while transaction fee is applicable dependent on the card type. Please find below our pricing
CARD |
SETUP FEES |
TRANSACTION FEE |
FEE BEARER |
---|---|---|---|
Local Cards (MasterCard/Verve/VISA) |
Free |
1.5% of transaction amount (subject to a maximum of N2,000) |
Merchant |
International Cards (MasterCard/VISA) |
3.0% of transaction amount |
||
** Foreign Settlement (in Dollars) cycle is either bi-weekly or monthly at a charge of $50 per settlement cycle |
Card services:
Internet Banking:
The Evergreen customer with an Internet Banking password can do the following via the Access Bank Internet Banking platformDefault account maintenance fee of N1/mille will be charged for all debit withdrawals on the account within the month in which the default occurred.
Of course, you can.
YES there are transaction charges.
Yes
Product | Interest Rate |
---|---|
Mpower Biz Classic | 0.5% |
Mpower Biz Gold | 0.1% |
Mpower Biz Platinum | 0.1% |
You can request for a PayDay Loan by dialling *901*11# on your mobile device. You can also visit any of our ATMs or download the Quickbucks application from your mobile device store.
With the Everyday Banking, you stand the opportunity of enjoying:
Yes. This can be done via a board resolution signed by all the signatories to the account.
Yes. Customers can access credit lines subject approval by the bank.
Evergreen account opening documentation should be submitted through the following means:
To Merchant
To Customer
Yes, using our electronic banking platform: Internet banking with the aid of the secure Token device, the Evergreen Account customer can transfer money to:
Yes. Customers willing to possess more than one MPower Biz account can do so.
It is a financing bridge that can also be a life saver depending on the urgency of the procedure. Other benefits include:
These include:
No. This is not necessary.
Latest News