Fixed Deposit Account

Who is it for?

For individuals (and corporations) with excess funds (not needed immediately) who want to maximise their returns through investment.

Want to earn high interests on your savings? Save towards future projects? Know in advance how much your money could earn in 3 months to 1 year? Then now is the time to enjoy the flexibility, security and high returns of a Fixed Deposit Account.

What you'll need:

Copy of ID
Passport size photo
2 signed letters of reference
Copy of TIN certificate
Proof of address (ID cards, utility/telephone bills)
Completed/signed form to forgo access to funds for 3, 6 or 12 months
Minimum account opening deposit of D25,000

Features and benefits:

Reinvest earnings or receive as monthly or quarterly interest payments
Early withdrawal of deposit allowed
Tenures range from 3 months to one year
Choose the term that suits your needs – the more you invest, the higher the interest rate
Get a certificate of deposit immediately to use as collateral against credit facilities

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