STOCK

ACCESS BANK PLC

9.5

-2.16%

18/10/2017

MPower

Classic

For Business Owners, Small and Medium scale Enterprises, Sole traders, Professional firms, Joint Ventures, NGOs, Schools, Churches

MPower Biz Account

A  business account specially designed to empower SMEs. It helps accountholders to run their accounts at minimal cost, while equipping them with the required skills to grow their businesses. Product code 010017.

Target market – SMEs, Traders, Professional firms, Joint Ventures, NGOs, Schools, Churches

Features and Benefits

  • Opening balance of N50,000
  • Minimum daily balance of N100,000.
  • Zero Monthly maintenance fee.
  • N1/mille charge on the breach of covenant on maximum turnover and minimum balance.
  • Maximum Monthly Turnover of N100m.
  • Quarterly newsletter on market trend and feed back .
  • Capacity Building for qualified  customer(Power Breakfast).

Account Opening Requirements

  • Documentary evidence of address
  • 2 references
  • 2 Passport photographs
  • Valid ID of all signatories
  • Residence Permit (Foreigners)
  • Forms CO7 and CO2
  • Certificate of Incorporation / Business Registration
  • Memorandum and Article of Association
  • Board resolution
  • Search report
  • BVN