One of the most challenging things a person can do is run a small or medium-sized business in this environment, and that’s why we always try to make it a bit easier for entrepreneurs and business owners to not just keep going, but to actually keep growing.
HB Business Account was designed to take some of the strain away from the dynamics of making money and banking it.
The HB Business Account product comes in two variants.
This variant of the HB Business Account is designed for Micro and Small Enterprises. The product provides the account holders with a flexible and affordable pricing grid based on debit monthly turnover covenant.
| Minimum opening balance | N20,000.00 |
| Daily Minimum Balance | N5,000.00 |
| THE PRICING GRID IS BASED ON MONTHLY DEBIT TURNOVER | |
| Access to free deployment of POS terminal |
| Unlimited withdrawals |
| Access to HB Concourse Meeting Room |
| Free monthly e-statement of account |
| Access to Mobile & Internet banking services |
| Access to Heritage Bank SME Business Clinic |
| Access to periodic business fairs and business networking sessions |
| Become an agent of the bank and earn more income for the business |
| HB SME Spotlight (a social media platform that provides access to market for our SME customers |
This account variant is designed for medium to high level structured SMEs, Retail & Commercial businesses with capacity to leave prescribed moderate account balances. Such account holders are excluded from payment of account maintenance charges.
| Minimum opening balance | N270,000.00 | |
| Daily Minimum Balance | N250,000.00 | |
| Default Charge | A default charge will apply but not more than N5,000.00 if a customer decides to withdraw below the minimum operating balance of ₦250,000.00. | |
| OTHER PRODUCT FEATURES | ||
| No monthly maintenance charge | ||
| No monthly turnover limit | ||
| Unlimited Withdrawals | ||
| Access to loans and overdrafts (terms and conditions apply). | ||
| OTHER PRODUCT FEATURES | ||
| Access to HB Concourse Meeting Room | ||
| No monthly turnover limit | ||
| Access to Heritage Bank SME Business Clinic & business networking sessions | ||
| Access to loans and overdrafts (terms and conditions apply). | ||
| Access to HB Spotlight (A social media platform where SMEs businesses & services are showcased. | ||
| Access to Business fairs and Sunday Small Market | ||
| Accessibility to MyStocKit at discount rate ( An inventory management solutions for SMEs) | ||
