Domiciliary Current Account
- 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 $,£,€)
- No restriction on number of withdrawals
- Different variants of Debit Card based on the customer’s preference
- Access to alternate channels e.g. Internet and Mobile banking
- Availability of cheque book
- Allows direct debit instructions
- Third party transactions allowed
- All other transactions are charged at banks approved rate
- Access to overdraft and loan facilities for qualified customers at very competitive rates.
- Remote access to your bank account
- Monitoring of account activities from the comfort of your home/office via internet, telephone and mobile banking.
- Third party withdrawals
- Convenient & flexible account opening requirements.
- Provides account information updates via SMS/Email alerts
- Access to cash anytime, anywhere with debit cards on ATMs
- Use of Mastercard, Visa and Verve debit cards on POS terminals
| PRICING |
RATES |
|
Cash handling charge
|
0.05% on withdrawals
|
|
Closure of account
|
Free
|
|
Cost of cheque book, ATM cards and all other transactions
|
Charged in line with the Bankers tariff
|
Interest rate is based on 30% of CBN Monetary Policy Rate
Domiciliary Savings Account
- Opening balance and daily balance of [$, £,€] 500 for Classic
- Opening balance and 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
- 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
- No cheque deposits allowed
| PRICING |
RATES |
|
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
