Table of Content
- Disclaimer
- Rates are in line with CBN guidelines
- Charges are negotiable as indicated
- Rates may change at the instance of the regulator or the Bank, but customers will be notified accordingly.
- Terms and conditions apply
Account Services |
---|
Personal Account - Savings |
Personal Account - Current |
Debit Cards |
Credit Cards |
Mobile Banking |
Internet Banking |
Mobile Money |
POS |
USSD |
Loans |
Personal Loans |
Digital Loans |
Emerging Business Asset Propositions |
Global Payments |
Letter of Credit |
Bill for Collection |
Form M, Form A, Form NXP |
Foreign Funds Transfers |
Others |
Lifestyle Propositions |
Xclusive Plus |
Health Xtra |
NOTE: VAT (Value Added Tax) is calculated at 7.5%
Personal Accounts - Savings
Service Item | Early Savers | Solo | Instant Savings | Premier Savings | Evergreen Savings | Everyday Banking Savings | Diaspora Savings | High Interest Deposit Account (HIDA) | Community Savings | Diamondxtra | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Interest Rate (P.A.) | 5.55% | 5.55% | 5.55% | 5.55% | 5.55% | 5.55% | 5.55% |
| 5.55% | 5.55% | ||||||||||||
Quarterly Debit Card Maintenance Fee (Inclusive of VAT) | N/A | ₦53.75 | ₦53.75 | ₦53.75 | ₦53.75 | ₦53.75 | ₦53.75 | N/A | N/A | ₦53.75 | ||||||||||||
FGN Electronic Money Transfer Levy | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ||||||||||||
Account Restrictions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | Monthly penal charge of N150 This is waived if a minimum balance of N5,000 is maintained throughout a month | N/A | Debit turnover limit of N10m. A charge of N1 per mille will be applied if exceeded | ||||||||||||
Transactional SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | FREE | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS |
NOTES
Personal Accounts - Currents
Service Item | Individual Current | Gold Current | Premium Current | Evergreen Current | Everyday Banking Current | Domicialliary Current | Diamond Xclusive | Community Current |
---|---|---|---|---|---|---|---|---|
Current Account Maintenance Fee | ₦1 per mille | Zero, (subject to con- dition below) | NIL | NIL | NIL | NIL | NIL | NIL |
Account Conditions | No turnover limit | Maximum monthly turnover of ₦5million. If this is exceeded a charge of ₦1 per mille applies | Monthly Turnover limit of ₦50million. A charge of N1 per mille applies if exceeded | NIL | NIL | Cash Handling charge of 0.05% of trans- action value or $10, whichever is lower on withdrawals | Opening and operating balance of N25,000.00 and Monthly Turnover limit of ₦50million. A charge of N1 per mille applies if exceeded | ₦3/mille in excess of ₦1million |
Monthly Maintenance Charge | N/A | N/A | Zero charges if a balance of ₦1million is maintained monthly. A charge of ₦1/mille applies if this is not kept | NIL | N/A | NIL | Product fee of ₦5,950 (This is waived if a minimum balance of N1 million is main- tained throughout the month) | ₦500 (This is waived if a minimum balance of ₦100,000 is main- tained throughout the month) |
Debit Card Mainte- nance Fee (Quarterly) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FGN Electronic Money Transfer Levy | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 |
Interest Rate (p.a) | N/A | N/A | N/A | N/A | N/A | 0.01% (above 100,000 GBP, USD, Euro) | 1.5% | N/A |
Transactional SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | FREE | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS |
Cheque Book Incl. VAT | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | FREE | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 | 25 leaves – N806.25 50 leaves- N1,612.50 100 leaves- N3225 |
NOTES
Business & Corporate Accounts
Service Item | DBA – Basic | DBA- Growing | DBA- Established | Trader Lite Individial | Trader Lite Business | Msme Current | Diamond School Advantage | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Current Account Maintenance Fee | N/A | N/A | N/A | N/A | N/A | 0.10% | N/A | ||||||
Monthly Subscription Fee | ₦2,000 | ₦4,000 | ₦7,500 | ₦75 | ₦75 | N/A | Termly Charges:
| ||||||
Account Conditions | Monthly turnover limit of ₦4million Penalty for monthly debit above limit – 0.3% of excess | Monthly turn- over limit of ₦12million Penalty for monthly debit above limit – 0.3% of excess | Monthly turnover limit of ₦50million Penalty for monthly debit above limit – 0.3% of excess | Monthly turnover limit of ₦1million Penalty for monthly debit above limit – 0.1% of excess | Monthly turnover limit of ₦1million Penalty for monthly debit above limit – 0.1% of excess | N/A | Minimum Opening balance and Monthly Operating balance of ₦10,000 | ||||||
Interest Rate (p.a) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
Debit Card Maintenance Fee (Quarterly) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||||||
FGN Electronic Money Transfer Levy | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ₦50 | ||||||
Transactional SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS |
NOTES
Business & Corporate Accounts Continued
Service Item | HIDA Corporate | Corporate Current | SME Gold Current | Mpower Biz | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Current Account Maintenance Fee | N/A | ₦1 per mille | No current account maintenance fee sub- ject to maintaining minimum balance and maximum turnover allowed | No current account maintenance fee subject to maintaining minimum balance and maxi- mum turnover allowed | ||||||||||
Monthly Maintenance Charge | N/A | N/A | A fee of ₦1/mille will be charged (on ex- cess) if monthly turnover is exceeded, and on all transactions if minimum balance is not maintained | A fee of ₦1/mille will be charged (on excess) if monthly turnover is exceeded, and on all transactions if minimum balance is not main- tained | ||||||||||
Account Conditions | Interest is forfeited if there is more than One (1) withdrawal per month Maximum cumulative balance of ₦500million per account/customer | ₦50,000 opening balance | Minimum daily balance- N20,000 (A breach of this condition would attract a fee of ₦1/ mille on all transactions for the month) Maximum Debit turnover- N50m (A breach of this condition would attract a fee of ₦1/ mille in the excess turnover allowed) | Minimum daily balance- N100,000. (A breach of this condition would attract a fee of ₦1/mille on all transactions for the month) Maximum Debit turnover- N100m (A breach of this condition would attract a fee of ₦1/mille in the excess turnover allowed) | ||||||||||
Interest Rate (p.a) |
| N/A | N/A | N/A | ||||||||||
Debit Card Maintenance Fee (Quarterly) | N/A | N/A | N/A | N/A | ||||||||||
FGN Electronic Money Transfer Levy | ₦50 | ₦50 | ₦50 | ₦50 | ||||||||||
Transactional SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS | ₦4/SMS |
Debit Cards
Service Item | Individual Current | Gold Current (₦) |
---|---|---|
Card Issuance – Naira Debit | ₦1,000 + N75 VAT | ₦1,000 + N75 VAT |
Card Issuance - USD Domiciliary Acct | USD Equivalent of N1,075 | USD Equivalent of N1,075 |
Naira Card Quarterly Maintenance Fee | ₦50+ N3.75 VAT | N/A |
USD Card Annual Maintenance Fee | $10 | N/A |
Card Re-issue/ Replacement | ₦1,000 + N75 VAT | ₦1,000 + N75 VAT |
Withdrawals on other bank’s ATM (Re- mote-on-us) | ₦35 (Charged after 3 withdrawals in a month) | ₦35 (Charged after 3 with- drawals in a month) |
Naira Card ATM Withdrawal (Internation- ally) | ₦420 | ₦420 |
USD Card ATM Withdrawal (Internation- ally) | $3 per Transaction | $3 per Transaction |
Credit Cards
Card Type | Naira (₦) | USD ($) | |||||
---|---|---|---|---|---|---|---|
Service Item | Classic |
| |||||
Joining Fee (Flat) | ₦1,000 |
| |||||
Service Fee | ₦50 (Quarterly) |
| |||||
Late Repayment Fee | ₦2,000 |
| |||||
ATM On -Us | 2.50% |
| |||||
ATM -Not - on -Us (Local) | 2.50% |
| |||||
ATM (Internationally) | ₦420 |
| |||||
Cash Advance On Us | ₦100 |
| |||||
Cash Advance Not-On-Us – Local | ₦100 |
| |||||
Cash Advance International | ₦500+3% |
| |||||
Annual Insurance Fee | 0.05% of credit limit | | |||||
POS On Us | FREE |
| |||||
POS Not-On-Us Local | FREE |
| |||||
POS International | FREE |
| |||||
Interest Rate | POS/Web – 3.0% ATM Withdrawal – 3.5% |
| |||||
Card Re-Issue | ₦1,000 |
| |||||
Pin Re-Issue | FREE |
| |||||
Currency Conversion Rate For Purchases | 3.50% |
|
Mobile Money
Service Item | Transaction Amount Band | Flat Fee | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cardless Withdrawal Services- Agent Locations | - | ₦100 | |||||||||||||||||||||
Bill Payment At Agent Locations | - | ₦100 | |||||||||||||||||||||
Airtime Purchase On-Net At Agent Location | - | 4.2% Of Amount Purchased | |||||||||||||||||||||
Airtime Purchase Off-Net At Agent Location | - | 4.2% Of Amount Purchased | |||||||||||||||||||||
Cash In & Cash Out At Agent Location (Accessmoney/ Access Bank Account) |
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Cash Out At Agent (Other Banks) |
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Cash In At Agent Location (Other Banks) |
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P2p Transfer At Agent Location (Other Banks) |
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Mobile Banking
Service Item | Rate | ||||||
---|---|---|---|---|---|---|---|
Joining Fee | NIL | ||||||
Cost of Hard Token | ₦2,500 | ||||||
Cost of Soft Token | ₦1,500 | ||||||
Intra-bank Transfer (Access to Access) | NIL | ||||||
Transfer to Other Banks (NIP: Instant Transfer) |
| ||||||
Bills Payment | ₦100 + 7.5% VAT |
Internet Banking
(i) Retail (Individual) Internet Banking
Service Item | Rate | ||||||
---|---|---|---|---|---|---|---|
Joining Fee | NIL | ||||||
Cost of Hard Token | ₦2,500 | ||||||
Cost of Soft Token | ₦1,500 | ||||||
Bill Payment | ₦100 | ||||||
Intra-bank Transfer (Access to Access) | NIL | ||||||
Transfer to Other Banks (NIP: Instant Transfer) |
| ||||||
Transfer to Other Banks via NEFT- Next Day Transfer |
| ||||||
Bills Payment | ₦100 + 7.5% VAT |
(ii) Corporate Internet Banking - Primus Plus
Service Item | Rate | ||||||
---|---|---|---|---|---|---|---|
Joining Fee | NIL | ||||||
Cost of Hard Token | ₦2,500 | ||||||
Cost of Soft Token | ₦1,500 | ||||||
Bill Payment | ₦100 | ||||||
Intra-bank Transfer (Access to Access) | NIL | ||||||
FCY transfers | Handling Charge: 0.5% of the total amount being transferred. Offshore Charge: $25 per Transaction | ||||||
SWIFT Charge | $15 flat per transaction. | ||||||
Transfer-Salary Payment to Access Beneficiary | NIL | ||||||
Transfer-Salary Payment to Other Bank Beneficiary | ₦15 + (₦1.125k VAT) | ||||||
Interbank Transfers (Other Payments) |
|
(ii) Corporate Internet Banking (Corporate Pay)
Service Item | Rate |
---|---|
Transfer Cost (All Payments) | ₦15 + 7.5% VAT |
POS Terminals
Service Item | Rate | Rate |
---|---|---|
Joining fee | NIL | NIL |
Transaction charge on POS usage | 0.5% subject to a maximum of ₦1,000 | MSC CHARGE: Master & Visa card - 3% American Express transactions - 5% |
FGN Electronic Money Transfer Levy charges | ₦50 per transaction on electric transfer of money deposited in any bank or financial institution on any account, on sums of ₦10,000.00 or more |
USSD *901#
Service Item | Rate | ||||||
---|---|---|---|---|---|---|---|
Balance Enquiry and other enquiries | ₦10 per enquiry | ||||||
Transfer within Access Bank | ₦20 per transaction | ||||||
Transfer to Other Banks (NIP: Instant Transfer) |
| ||||||
Bills Payment | ₦100 + 7.5% VAT | ||||||
Airtime Purchase (Self/ Others) | FREE |
Personal (Individial Loans)
Service Item | Advance For School Fees | Personal Loan | Vehicle Finance | Mortgage | Asset Lease |
---|---|---|---|---|---|
Interest Rate (p.a.) | 18% | 14-24% | 15–20% | 15-17% | 22% |
Management Fee | 1% | 1% | 1% | 1% | 1% |
Commitment Fee | NIL | NIL | NIL | NIL | NIL |
Credit Life Insurance | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Insurance (Asset Protec- tion) | NIL | NIL | Subject to prevailing rate | Subject to prevailing rate | NIL |
Advisory Fee | NIL | NIL | NIL | NIL | NIL |
Swift Charge | NIL | NIL | NIL | NIL | NIL |
Premature Liquidation Fee | NIL | NIL | NIL | Subject to Terms & Conditions | NIL |
Default Rate | 1% flat on the amount due and unpaid per month |
Digital Loans
Loan Type | Eligible Amount | Target Market | Tenor | Pricing | Available Channels |
---|---|---|---|---|---|
PayDay Loan | Inhouse Maximum of 75% of average monthly salary | Employees of Corporates | 30-days or next salary payment, whichever comes first | Interest Rate: 5% (flat) Management Fee: 1% Credit Life Insurance Fee: 0.3% (All fees payable upfront) | USSD code *901*11# Access More app QuickBucks website and app |
Third-party Maximum of 50% of average monthly salary | Employees whose salaries are processed by Remita and Interswitch | 30-days or next salary payment, whichever comes first | Interest Rate: 6% (flat) Management Fee: 1% Credit Life Insurance Fee: 0.3% (All fees payable upfront) | USSD code *901*11# QuickBucks website and app | |
Salary Advance | Maximum of 200% of average monthly salary subject to month- ly loan repayment of 33.3%. | Employees of Corporates | 6-months | Interest Rate: 3.9% (reducing balance) Management Fee: 1% Credit Life Insurance Fee: 0.7% (Fees payable upfront) | USSD code *901*11# and *901*11*1# QuickBucks website and app |
Small Ticket Personal Loan | Maximum of 400% of average monthly salary subject to month- ly loan repayment of 33.3%. | Employees of Corporates | 12-months | Interest Rate: 3.7% (reducing balance) Management Fee: 1% Credit Life Insurance Fee: 1% (Fees payable upfront) | USSD code *901*11# and *901*11*1# QuickBucks website and app |
Device Finance | Subjected to a maximum repay- ment of 30% of obligor’s annual salary less other debt exposures. | Employees of Corporates | 12-months | Interest Rate: 27% (flat) Management Fee: 1% Credit Life Insurance Fee: 1% (Fees payable upfront) | QuickBucks website and app |
NYSC Loan | Maximum of 25% of average monthly salary | NYSC Corpers | 30-days or allowance pay- ment, whichever comes first | Interest Rate: 5% (flat) Management Fee: 1% Credit Life Insurance Fee: 0.3% (Fees payable upfront) | USSD code *901*11# Access More app QuickBucks website and app |
Lending Against Turnover (LATO) | Up to 20% of trim mean average of monthly turnover between 6 months to 1-year subject to a maximum of ₦300,000 and a minimum of ₦5,000 | Individual Account Holders | 3 months | Interest Rate: 5% (reducing balance) Management Fee: 1% Credit Life Insurance Fee: 0.5% (Fees payable upfront) | USSD code *901*11# Access More app QuickBucks website and app |
LATO Premium | 20% of trim mean average monthly turnover between 6 months to 1-yearsubject to a maximum of ₦500,000. Available after account age of 6-months | Sole proprietors | 3 months | Interest Rate: 5% (reducing balance) Management Fee: 1% Credit Life Insurance Fee: 0.5% (Fees payable upfront) | USSD code *901*11# |
LATO-Mart | 20% of trim mean average monthly turnover between 6 months to 1-yearsubject to a maximum of ₦5,000,000 | Supermarket owners and food suppliers | 3 months | Interest Rate: 4% (reducing balance) Management Fee: 1% Credit Life Insurance Fee: 0.5% (Fees payable upfront) | USSD code *901*11# |
Cash Backed Loan | Up to 85% of cumulative invest- ment in Access bank (subject to a maximum loan amount of ₦10,000,000) | Customers with investments in the Bank | 30 days - 12 months | Applicable fees (1-2 Months) Interest Rate: 1% flat payable upfront. Applicable fees (3-12 months) Interest Rate: 1% flat earned upfront in the first 2 months. | USSD code *901*11# |
Access Agent Lending | Up to 25% of trim mean average of daily transaction volume and a minimum of 10 transactions per day in the last 30-days, subject to a maximum of ₦1,000,000 for customers processing ≥ ₦5m in transaction volume and ₦500,000 for customers processing ≤ ₦5m in transaction volume. | Access Banking CLOSA Agents | 24-hours | Interest Rate: 0.5% flat Management Fee: 0.5% Credit Life Insurance Fee: 0.2% Cash in Store Insurance: 0.45% Cash in Transit Insurance: 0.25% (All fees payable upfront) | USSD code *901*11# |
Emerging Businesses Assets Propositions
Features | Cashflow Lending | Instant Business Loan | Medi Loan | School Loan | Loyalty Lending | Hospitality Lending | Term Loans | Overdraft | Asset Finance |
---|---|---|---|---|---|---|---|---|---|
Interest Rate (P.A.) | Male owned businesses - 27% Female owned businesses - 15% | 4% per month | 23% | 28% 2% price concession for Female owned schools | 28% | 27% | 24 -28% | 26 - 30% | 27% |
Management Fee | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% |
Advisory Fee | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% | 1% |
Credit Life Insurance | 0.45% | 0.90% | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
Tenor | 12 Months for working capital and 36 Months for assets finance | 6 Months | 12 Months and max. of 60 Months de- pending on the loan amount | 12 Months | 12 Months | 24 Months max. | 12 Months | 12 Months | 36 Months max |
Penal Charge On Default | 1% flat per month on unpaid instalment | ||||||||
Repayment | Principal and Interest to be serviced monthly |
Letter Of Credit - Import
Service Item | Rates |
---|---|
Processing and Registration of Form M | ₦3,000 + 7.5% VAT (subject to concession) |
Processing and Registration of Form M (CBN Recovery fee for use of e-Form M platform) | ₦5,000 |
Issuance Fee | 1% of LC value subject to concession |
Swift Charge | ₦2,500 |
VAT | 7.5% OF LC Commission |
Amendment | ₦4,650 (Commission: N2,000, Swift Charge: ₦2,500, VAT on commission 7.5%: N150) |
Letter of Credit Cancellation | ₦7,875 (Commission: N5,000, Swift charge: ₦2,500, VAT on commission 7.5%: ₦375) |
Discrepancy Fee | ₦7,875 (Commission: N5,000, Swift charge: ₦2,500, VAT on commission 7.5%: ₦375) |
Pre negotiation charge | 6% |
Post negotiation charge | 10% |
Letter Of Credit - Export
Service Item | Rates |
---|---|
Processing and Registration of NXP | ₦5,000 CBN charge + ₦3,000 Commission + 7.5% VAT (subject to concession) |
Document Handling Charge/Negotiation Fee | 0.15% of Document value (Courier fee is to be determined by the weight of the document and the distance to the place of destination) |
Advising Commission: Where a Nigerian Bank simply verifies the authenticity of the credit and delivers same | ₦2,000 + 7.5% VAT |
Advising Commission: Where a Nigerian Bank must rewrite the credit | NIL |
Confirming Commission | 1% of LC value subject to a minimum of ₦5,000 |
Courier Fee | Exact cost of courier |
Telex Fee | ₦N2,500 |
Amendment | ₦2,000 + 7.5% VAT |
Transferring Commission | NIL |
Form ‘M’ Charges
Service Item | Rates |
---|---|
Form M commission | ₦3,000 |
VAT on commission (7.5% of comm.) | ₦225 |
E-form M processing fee (CBN charge) | ₦5,000 |
Total Form M Charges | ₦8,225 |
Confirming Commission | NIL |
Foreign Funds Transfers
Service Item | Dollars (USD) | Pounds (GBP) | Euro (EUR) |
---|---|---|---|
Commission Charges | 0.5% Of The Dollar Value | 0.5% Of The Pounds Value | 0.5% Of The Euro Value |
Vat (On Commission/ Handling Charge) | 7.5% Of The Commission Value | 7.5% Of The Commission Value | 7.5% Of The Commission Value |
Swift Charge | 15 USD | 11 GBP | 13 EUR |
Offshore Charge | 25 USD | 15 GBP | 20 EUR |
PTA/ BTA | NIL |
Bonds & Guarantees
Service Item | Rates |
---|---|
Bid/Tender Bonds (Bid Security) | Negotiable, subject to a maximum of 1% of the Bond value for the first year and 0.5% on subsiquent years on contingent liabilities |
Performance Bonds (chargeable from date of contingent liability) | Negotiable, subject to a maximum of 1% of the Bond value for the first year and 0.5% on subsiquent years on contingent liabilities |
Advance Payment Guarantee (chargeable from date of contingent liability) | Negotiable, subject to a maximum of 1% of the APG value for the first year and 0.5% on susiquent years on contingent liabilities Note: Fees shall be charged based on the value of Advance Payment received by the bank |
Bank Guarantee | Negotiable, subject to a maximum of 1% of the Guarantee value for the first year and 0.5% on subsequent years on contingent liabilities |
Other Bonds & Guarantees | Negotiable, subject to a maximum of 1% of the value of the first years and 0.5% on subsiquent year on contingent liabilities |
Form ‘A’ Charges
Service Item | Dollars (USD) | Pounds (GBP) | Euro (EUR) | Naira (₦) |
---|---|---|---|---|
PTA/BTA School Fees (No Commission Charges) | CBN Charge per e-form A: N5000 | |||
Dollars (USD) Offshore: $25 Telex: $15 CBN Charge per e-form A: ₦5000 | Pounds (GBP) Offshore: £12 Telex: £10 CBN Charge per e-form A: ₦5000 | Euro (Eur) Offshore: EUR15 Telex: EUR 11 CBN Charge per e-form A: ₦5000 | Naira (₦) Offshore: ₦10,500 Telex: ₦5,700 CBN Charge per e-form A: ₦5000 | |
Medical Fees/ Medical Allowances (No Commission Charges) | Offshore: $25 Telex: $15 | Offshore: GBP12 Telex: GBP10 | Offshore: EUR15 Telex: EUR11 | Offshore: ₦10,500 Telex: ₦5,700 |
CBN Charge per e-form A: ₦5000 | ||||
Others (Course Fees, Personal Home Remittances, Software, Loan Repayment, Mortgage, Management fees, Demurrage etc) | Commission Charges: 0.5% of the Dollar value Offshore: $25 Telex: $15 | Commission Charges: 0.5% of the Pounds value Offshore GBP12 Telex: GBP10 | Commission Charges: 0.5% of the Euro value Offshore: EUR15 Telex: EUR11 | Commission Charges: 0.5% of the Naira value Offshore: ₦10,500 Telex: ₦5700 |
CBN Charge per e-form A: ₦5000 |
Export Charges (Form NXP)
Service Item | Rate |
---|---|
E-Form NXP processing fee (CBN Charge) | ₦5,000 |
Commission | ₦3,000 |
VAT on commission | (7.5% of comm.) – ₦225 |
(CBN charge) | ₦5,000 |
Total NXP Charges | ₦8,225 |
Courier Fee | Exact cost of courier |
Transferring Commission | NIL |
Bills For Collection
Service Item | Rate |
---|---|
Documentary Bill (Commission) | 0.5% of Remittance value (If the customer does not have concession) |
Swift Charge | ₦2,500 |
VAT on commission | 7.5% on Commission |
Holding Charge - Below N25,000 | NIL |
Holding Charge - Above N25,000 | NIL |
Negotiation | NIL |
Protest Charge plus Notary Public Fee | NIL |
Transferring Commission | NIL |
Others
Service Item | Rate |
---|---|
Salary Processing | Normal transfer charges |
Bank Draft- Current Account | ₦300 + (₦22.50K VAT) |
Bank Draft- Savings Account | ₦500 + (₦37.50K VAT) |
Bank Draft - Non-Customer | ₦500 + 0.1% of draft value |
Banker's Signature Verification | ₦500 per copy + (₦37.50k VAT) |
Standing Order (Access -to- Access) | ₦300 + (₦22.50K VAT) |
Standing Order (Other banks) | Maximum of ₦50 per transaction |
Printing of Statement | ₦20 per page + (₦1.50k VAT) |
Reference Letter | ₦500 per copy + (₦37.50k VAT) |
Status Enquiry Letter | ₦500 per request |
Confirmation of Overseas Enquiries to correspondent Bank/ Agencies | ₦500 + cost of postage (If applicable) |
Chequebook (25 leaves) | ₦750 + ₦56.25 VAT |
Chequebook (50 leaves) | ₦1,500 + ₦112.5 VAT |
Chequebook (100 leaves) | ₦3,000 + ₦225 VAT |
Counter Cheque | ₦50 per leaflet + ₦3.75 VAT |
Stopped Cheque Charge | ₦500 + (₦37.50k VAT) |
Returned Cheque Charge (Due to the account being unfunded) | 1% of amount or ₦5,000, whichever is higher |
RTGS | ₦950 + ₦71.25 VAT |
XclusivePlus
Service Item | Rate | Rate |
---|---|---|
Subscription/Renewal Fee | Monthly Plan | ₦5,999 + ( ₦449.93K VAT) |
Quarterly Plan | ₦17,997 + (₦1,349.78K VAT) | |
Annual Plan | ₦57,590 + (₦4,319.25K VAT) | |
Visa Signature Debit card | Card Transactional Limits | |
Issuance Fee | Free (First Issuance only) | |
ATM Daily Limit (Local) | ₦200,000 | |
POS Daily Limit (Local) | ₦2,000,000 | |
Web Daily Limit (Local) | ₦1,000,000 | |
POS/Web Monthly Limit (Int’l) | $3,000 | |
ATM Daily Limit (Int’l) | $300 | |
International ATM Cash With- drawal Fee | ₦420 per withdrawal |
NOTES:
₦ 72,229.68, instead of ₦ 90,287.10 (₦83,988 + VAT ₦ 6299.1)
Health Xtra
Service Item | Rate |
---|---|
Subscription Fee (Annual) | ₦6,000 |
NOTES