Products

Savings Account

Shield Savings & Next Level Savings

A variety of savings accounts that suit every stage of your life, with unique benefits to match your personal banking needs.

Shield Savings Account is recommended for a specific saving goal or setting money aside. This account offers 5% interest per annum. Withdrawal of not more than three times per month is required to access interest.

Next Level Savings Account allows customers to save a targeted amount for a specific or stipulated period — daily, weekly, monthly, three months, six months, nine months or one year — and earns 9% interest per annum. No withdrawal is allowed during the fixed period.

Features & Benefits

  • No hidden charges
  • Easy to open and operate
  • Funds transfer and card services
  • Verve debit card (Shield) / debit card on request (Next Level)
  • Internet banking
  • Email and/or SMS alerts
  • 5% interest per annum (Shield) · 9% interest per annum (Next Level)

Requirements

  • Account opening form duly completed
  • One recent clear passport photograph of signatory
  • Government-issued identification
  • Residence permit (where applicable)
  • Public utility receipt
  • BVN (Bank Verification Number)
  • NIN (National Identity Number)