• Innovative Banking in Nigeria

HB Starter

WHO QUALIFIES?

  • Individuals in informal employment personal security guards, cooks, valets, petty traders, small time farmers, vulcanizers, mechanics, labourers, tricycle operators, garage boys, bus conductors etc.
  • Uneducated individuals performing menial tasks.
  • Individuals above the age of 18 with no statutory means of identification,
  • Rural dwellers

REQUIREMENTS FOR OPENING

  • Account Opening Balance of N2,000
  • N1,000 Minimum operating balance
  • Single Deposit Limit of N50,000
  • Maximum cumulative balance of N300,000 at any point in time
  • No ID
  • No KYC required
  • Passport photograph
  • Only basic information required: – Name, Place and date of birth, gender, address and telephone numbers registered with any of the Mobile Companies.

FOR INDIVIDUAL

FOR BUSINESS

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