Target Account

Certificate of Incorporation(Forms 2,3 and 6 issued by the CAC or a copy of the organization’s rules, regulations, Trust Deed or its constitution – Original to be sighted)
Memorandum and Articles of Association
Form C07 (issued by CAC) indicating particulars of Directors of the Company
Favourable Legal Search Report
Minimum Account Opening requirement is =N=5,000.00 for individual and N10,000.00 for corporate.

Regular savings contribution over specified period on daily, weekly or monthly basis.
Minimum period of contribution of six (6) months or 30% of cost of asset.
Lodgments into account may be by cash or transfers.
Savings contribution attracts competitive interest rate.
Loan entitlement is determined by savings contribution (may be up to three times savings contribution depending on the type).
Savings balance may be used as Collateral security for other purposes.
Minimum opening balance of N1,000
Simplified account opening form.
Online transactions across branches
E-mail/SMS transactions allowed with attendant cost(Optional)
No charges are applied on withdrawal. However, more than three withdrawals in a quarter would mean the customer would forfeit accrued interest for that quarter.