Call Deposit Account
The Call Account is a blend of the best parts of the Savings and Fixed Deposit accounts.
10%
Withholding tax on interest accrued
N100 000
Opening deposit
Call Account Benefits
Global
Earn interest in the major currencies of the world
No penalties
No penalties on withdrawals
Flexibility
Access to your funds while earning interest on the account
Mobility
Download the app. No need to go into a branch
What you get
- You get the flexibility of a savings account, while earning good returns on the balance you maintain.
- There are no penalties on withdrawals and you do not forfeit your interest when you do multiple transactions on the account
- Interest is calculated daily and paid at the end of the month
- Available in USD, EUR, GBP, ZAR, or Naira.
- No maximum balance required on this account but minimum balance of N100,000, $5,000 or equivalent is other currencies would apply.
- Make withdrawals from your call account without forfeiting interest earned.
- You only pay a 10% withholding tax on the interest accrued.
How to get it
- Minimum opening balance of N100 000
- Application form
- 2 recent passport photographs of each signatory
- Each signatory’s valid ID card
- BVN of each signatory
If you have an existing account:
- Letter of request and signed Ts & Cs
What it cost
- A minimum account opening balance of N100 000, $5 000 or equivalent in Euro, Pound or Rand
See our products pricing guide on page below
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What you get
-
How to get it
-
What it cost
- You get the flexibility of a savings account, while earning good returns on the balance you maintain.
- There are no penalties on withdrawals and you do not forfeit your interest when you do multiple transactions on the account
- Interest is calculated daily and paid at the end of the month
- Available in USD, EUR, GBP, ZAR, or Naira.
- No maximum balance required on this account but minimum balance of N100,000, $5,000 or equivalent is other currencies would apply.
- Make withdrawals from your call account without forfeiting interest earned.
- You only pay a 10% withholding tax on the interest accrued.
- Minimum opening balance of N100 000
- Application form
- 2 recent passport photographs of each signatory
- Each signatory’s valid ID card
- BVN of each signatory
If you have an existing account:
- Letter of request and signed Ts & Cs
- A minimum account opening balance of N100 000, $5 000 or equivalent in Euro, Pound or Rand
See our products pricing guide on page below
Pricing Guide in line with CBN Guide to Bank Charges by Banks and other financial institutions effective 01 January 2025.
Pricing Guide in line with CBN Guide to Bank Charges by Banks and other financial institutions effective 01 January 2025.
We also offer
Domiciliary Account
Doing business with the world is a lot easier with our Domiciliary Account. Maintain an account in the world’s major currencies with the ease and comfort of banking in Naira
Fixed Deposit Account
If you have a lump sum of money to invest and desire amazing returns on it, then our Fixed Deposit Account is perfect for you. With our Fixed Deposit Account, you can earn more interest on your deposits from a period as short as 30 days to up to a full year.