SALARY SAVINGS ACCOUNT

I am not a salary earner; can I open a salary savings account?
No, but you can open a personal savings account and enjoy the full benefits of a Tier 3 Account.
Tue, 16 Feb, 2021 at 4:41 PM
What are the benefits of opening a salary savings account?
You'd be able to receive your salary through the account, earn interest and enjoy digital transactions
Tue, 16 Feb, 2021 at 4:41 PM
What documents do I need to open a salary savings account?
Duly completed account opening form including signature mandate card BVN 1 Passport Photograph Valid ID (National ID card, Driver's License, ...
Tue, 16 Feb, 2021 at 4:42 PM
Can I access a loan with my salary savings account?
Yes, you can.
Tue, 16 Feb, 2021 at 4:42 PM
Do I need collateral to obtain a loan with my salary savings account?
No, you can get a salary-based loan without the need for a collateral
Tue, 16 Feb, 2021 at 4:42 PM
Can I get a cheque book if I open a salary savings account?
No, third-party withdrawals are not allowed.
Tue, 16 Feb, 2021 at 4:42 PM
Is there a maximum cumulative balance for this account?
No, there's no limit.
Tue, 16 Feb, 2021 at 4:42 PM
What is the minimum opening balance for this account?
Zero (0)
Tue, 16 Feb, 2021 at 4:42 PM
What is a salary savings account?
A savings account is specially designed for employees of organizations to receive remuneration from their employers and enjoy every other financial service ...
Tue, 16 Feb, 2021 at 4:43 PM