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Fees and limits

Every charge, in plain figures

Where a charge depends on your account or your loan offer, we say when it is quoted. Call us on 0815 060 8627 for the current charge on anything shown here.

Current accounts

Opening balance ₦10,000
Ongoing minimum balance None
Monthly fee Quoted at opening
Debit card issue Quoted at issue
Transfer to other banks ₦10 to ₦50 per transfer

Savings account

Opening balance (personal) ₦10,000
Monthly fee (personal) Quoted at opening
Monthly fee (business) ₦100
Interest rate (business) 4% p.a. (up to 2 withdrawals/month)

Target Savings (personal & business)

Level 1 · from ₦100,000 6%
Level 2 · from ₦250,000 8%
Level 3 · from ₦1,000,000 10%
High-Yield · from ₦2,000,000 Up to 13%

No withdrawals in the first 6 months. Minimum savings period 12 months.

Fixed Deposit (personal & business)

Minimum deposit ₦500,000
Minimum tenor 90 days
Interest rate Negotiable by amount & tenor

Instant Credit Line

Limit Up to ₦5,000,000
Security Target Savings or Fixed Deposit
Decision Within hours
Interest rate 3.50% / month

Micro & SME loan

Amount ₦250,000 – ₦10,000,000
Repayment Up to 12 months
Processing fee Stated in your offer
Late / early repayment Stated in your offer

Limits

Daily transfer limit Set by your KYC tier
Daily ATM withdrawal Per CBN daily limit
Limits by account tier CBN KYC tiers apply

Want the exact number before you apply?

Use the loan calculator for an indicative repayment, or contact us and we'll confirm the current charge for your account or loan type.

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