Target Savings Account
A Target savings account helps you to separate the money you want to save from the money you need to spend. It makes an easier way to work toward a goal, like saving for home improvements or building an emergency fund for a specific period.
The savings account will generate interest on your fund, while you plan your project.
Features
- Minimum opening and operating balance is just N1,000
- Target Savings Account can be opened at any Time
- Very low entry balance
- Easy access to your account
- Payments can be made anywhere nationwide with our online channels
- You are able to secure and grow savings
- Available to individuals and groups
- Expert financial advice
Benefits
- The savings account will generate interest on your fund, while you plan your project
- Save funds towards specific project
- Additional cash to your initial savings for interest
- SMS Alert services
- Free statement of account (on request)
Documentation
- Duly completed account opening form
- 2 recent passport
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)