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Biz Smart Account

Biz Smart Account

The Biz Smart Account offers financial services and tailored business solutions. Make your money work as hard as you do to reach your financial goals

Some of our benefits

Save

Earn interest and pay zero account fees

Access

Bank 24/7 through our digital banking channels

Support

24 hour business banking support through our customer care channels

Mobility

Download the app and bank wherever you are
how to get it
  • Minimum opening balance of N5 000
  • Application form
  • Valid Company registration documents
  • 2 recent passport photographs of each signatory
  • Each signatory’s valid ID card
  • Proof of residential or official address/Utility Bill
  • BVN of all signatories (for multiple signatory accounts)

Download account opening form here

what you get
  • Zero current account maintenance fee if you keep a minimum balance of N50,000 in the account and do not withdraw more than 4 times per month at a branch
  • MasterCard Debit Card for single signatory accounts
  • A personalized Biz Smart cheque-book that you can only cash at Stanbic IBTC branches. (Applies to third parties recipients too)
  • Earn interest of 0.25% per annum on available balance 
  • Free access to internet banking and mobile banking (transaction fees apply)
  • Free e-mail alerts
  • Easy access to a domiciliary account

See terms and conditions here
 

what it costs
  • A minimum account opening balance of N5 000 and a minimum daily balance of N 500 000
  • Zero Current Account Maintenance fees (N1 for every N1,000 customer-initiated debit) if a daily minimum balance of N500,000 is maintained on the account.
  • Federal Government of Nigeria stamp duty charge of N50 for transactions initiated by a third party and above N1 000
  • how to get it
  • what you get
  • what it costs
  • Minimum opening balance of N5 000
  • Application form
  • Valid Company registration documents
  • 2 recent passport photographs of each signatory
  • Each signatory’s valid ID card
  • Proof of residential or official address/Utility Bill
  • BVN of all signatories (for multiple signatory accounts)

Download account opening form here

  • Zero current account maintenance fee if you keep a minimum balance of N50,000 in the account and do not withdraw more than 4 times per month at a branch
  • MasterCard Debit Card for single signatory accounts
  • A personalized Biz Smart cheque-book that you can only cash at Stanbic IBTC branches. (Applies to third parties recipients too)
  • Earn interest of 0.25% per annum on available balance 
  • Free access to internet banking and mobile banking (transaction fees apply)
  • Free e-mail alerts
  • Easy access to a domiciliary account

See terms and conditions here
 

  • A minimum account opening balance of N5 000 and a minimum daily balance of N 500 000
  • Zero Current Account Maintenance fees (N1 for every N1,000 customer-initiated debit) if a daily minimum balance of N500,000 is maintained on the account.
  • Federal Government of Nigeria stamp duty charge of N50 for transactions initiated by a third party and above N1 000
Stanbic IBTC Pricing Guide 2020
In line with CBN Guide to Bank Charges by Banks and other financial institutions effective 1 January 2020
2020 01 01
PDF
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