Instant Savings Account
Enjoy a savings account without hassles.
Open an account now| INSTANT SAVINGS 1 | INSTANT SAVINGS 2 |
|---|---|
| NGN1,000 minimum account opening balance | NGN1,000 minimum account opening balance |
| Account details can be uploaded via our contact center, branch or website. | Account details can be uploaded via our contact center, branch or website. |
| Issuance of Verve cards (only) | Issuance of Verve cards (only) |
| Interest rate of 8.175% p.a. (per annum) | Interest rate of 8.175% p.a. (per annum) |
| Maximum single deposit-N50,000 | Maximum single deposit-N100,000 |
| Maximum cumulative balance-N300,000 | Maximum cumulative balance-N500,000 |
| Transactions are limited to Nigeria | Transactions are limited to Nigeria |
Benefits to the Customer
| INSTANT SAVINGS 1 | INSTANT SAVINGS 2 |
|---|---|
| Duly completed account opening form including signature mandate section | Duly completed account opening form including signature mandate section |
| 1 passport photograph | 1 passport photograph |
| Means of identification not required | Means of identification required (secondary ID allowed: any verifiable ID e.g. Association ID, student ID) |
| - Address verification not required - BVN of signatory(ies) - AML risk assessment | - KYC Documentation of the customer - Valid proof of residence - Visitation report - BVN of signatory(ies) - AML risk assessment |
| Customer data verification not required | Customer data to be verified with NIMC, INEC, FRSC and others where applicable. |
Start an Application Now To Open Your Account In a Few Minutes.
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