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FAQs On Savings Account

Q1. How much is the minimum daily account balance for a savings account?
A. N500

Q2. Can I pay in cheques or dividend warrant to my savings account?
A. Yes as long as suitable references are in place.

Q3. How much is the minimum opening balance?
A. N2000.

Q4. What is the maximum transactional amount for a savings account?
A. There is no maximum as long as it is a tier 3 account.

Q5. How many withdrawals are allowed on a savings account and on which withdrawals will I forfeit my interest?

FAQs On Current Account

Q1. What is the minimum opening balance for Current Account?
A. Opening Balance for current account is N10,000.

Q2. Can I lodge in a dividend warrant into my current account?
A. Yes, you can lodge in a dividend warrant into the current account. But The account must have been operated for 6 months

Q3. Am I eligible for a temporary overdraft on my Current account?
A. Yes, but you need to have operated your account for up to 6 Months to enjoy the facility.

Q4. How are Commission on Turn-over (COT) charges calculated?

Why Choose Stanbic IBTC?

We present here, 4 simple reasons why you should choose Stanbic IBTC Bank for all your personal or business banking needs:

1. Your transactional needs are covered:
Our modern transactional platform not only saves you time and money with our zero COT and bundle pricing offers but also provides an excellent reason to choose us with the combination of alternative channels including convenient mobile and internet banking. Making and receiving payments is very easy with our direct debit platform and speedy sms and email alert services.

The Perfect Product Just For You

At Stanbic IBTC, the operational mantra revolves around gaining insight into customers’ needs through a variety of channels to deliver products and services that meet those needs.

Stanbic IBTC Bank’s bouquet of transactional products are designed to empower existing and potential customers across the various market segments.

A peep into some of the accounts will further highlight the unique benefits therein.

Savings Account

Iketsetse-Zenzele Season 3, Episode 6

Michael invites someone his mum isn’t comfortable with to negotiate his lobola.

Portia’s ex shows up while she’s with Zak. Awkward!

Will Ma Nkosi tell the truth about who Michael’s father is?

You can listen to and download this episode in 10 of the official languages:


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