Savings Account
A long term savings account which provides a way to put money away for a specific goal such as a new vehicle, or a big trip, all while earning a certain return on your balance. The funds in the account is fixed for atleast 3 months and cannot be liquidated at any time during the 3 months without incurring an early withdrawal penalty (e.g forfeiting your accrued interest). We believe this will provide a deterrent for those who worry they won’t have the discipline to avoid tapping their savings.
FEATURES
- Zero COT on account
- Keep your money in for atleast 3 months
- To benefit from the great rates on this account, you won’t be able to make partial withdrawals at anytime during the 3 months without incurring an early withdrawal penalty
- Cash pick up services at customer's business location
- Access to speedy credit facility on current account
BENEFITS
- Interest rate is 3% P.A above regular savings account
- Receive a lump sum at the end of the 3 months
- Ability to make 3rd party payments
- You can save within the confines of your shop
- Free business advisory services
- One free monthly statement
- SMS alert on transaction if you meet the requiments
REQUIREMENTS FOR SMS ALERT SERVICES
- Opening balance of N1000.00
- 1 Passport size passport photograph