Features and Benefits

  • Account opening balance of N100,000, with no minimum operating balance
  • Allows third party over-the-counter withdrawals
  • Higher interest rate of 3.3%** on savings, when you maintain an average daily balance of N100,000 (otherwise, interest rate reverts to standard savings interest rate)
  • Lodge clearing instruments, including dividend warrants
  • Zero Account Maintenance, Service or Intersol charges
  • Platinum and Gold Debit cards give you access to over 9,000 ATMs nationwide and higher withdrawal limit of up to N200,000 per day (on FCMB ATMs only)
  • Free personalized cheque book for over-the-counter withdrawals
  • Free monthly E-Statements (paper statements available on request)
  • Four free domestic bank drafts or manager’s cheques allowed on the account per month
  • Unlimited withdrawals allowed. However, more than three (3) withdrawals in a month will lead to forfeiture of interest for that month
  • Can be operated as an individual or  joint account

 What do I require to open a Premium Current Account?

  • Minimum age is 18 years
  • Two (2) satisfactory references if you are a new customer
  • Proof of identification such as International Passport, Driver’s License, National ID card or Voters Card
  • A copy of a receipt from any public utilities or private telephone operator, dated no later than three (3) months
  • One (1) passport photograph of each authorized signatory
  • For non-Nigerian applicants, a copy of Resident or Work Permit.