This is a non-borrowing corporate and individual current account aimed at reducing the cost to our customers who have high volume current account transactions

Features
•Opening balance of N100,000.00
•Zero COT on credit balances of N100,000 and above
•Graduated COT to be paid to customers with minimum average monthly balances as follows:
–N250,000 to N499.999 = 25k/mille
–N500,000 and above  = 30k/mille
•Average monthly balance below N100,000 attracts 5/mille COT charge
•Additional token interest rate of 0.5% p.a. on account balances above N1m
•No restriction on withdrawals

Benefits
•Zero COT
•Graduated COT paid to customers on average monthly balance
•Free initial cheque book
•Lodgment of all clearing instruments
•Receive monthly account statement (optional)
•Free Debit Card, Free Telephone & Internet Banking
•Money Transfer within the Bank’s Networks.
•On line – real time transaction across the Bank’s Networks
•Dedicated account officer to manage customer's account

How to Apply
•Suitable identification document  of principal officer (International passport, Drivers License, Confirmed ID from company or union, or notary certificate)
•Three passport pictures per person
•Certificate of incorporation
•Memorandum and Articles of association
•Form C07
•Utility receipt
•Certificate of and application for registration of Business name
•Account opening forms can be obtained at any Springbank Branch, on the internet or directly from our marketing staff