Target Savings Account

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)

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