A hybrid savings account that enables Clubs, Associations, Religious Bodies Societies Town union and other unregistered bodies.
Product Features and Benefits
- N10,000 Opening & Daily Minimum Balance
- Lodgment of the cheques and dividend warrants
- 3rd party cash withdrawal via non clearing cheque
- Opportunity to participate in reward scheme
- Duly Completed Account Opening Form.
- Letter of authority of Club/Association signed by the Chairman/President and a second officer appointing Sterling Bank Plc as Bankers.
- Two satisfactory references of signatories
- Minutes of meeting approving the opening of the account
- One recent passport sized photograph of each of the signatories to the account
- Valid means Identification of each signatory to the account
- Constitution of the Society/Club/Association
- Location verification of signatories
- Management approval to open such account (REGIONAL HEADS)