Type your search keyword:

Latest News:

Wholesale Banking

Abbey Certificate of Deposit (Abbey COD)

Certificate of Deposit

Target Market:

  • Rate sensitive investors – individuals and corporate
  • Risk averse investors – individuals and corporate
  • Mature investor
  • Fund managers
  • Banks and OFI – i.e. Microfinance Banks, Primary Mortgage Banks, Insurance companies
  • Working Class preparing for retirement
  • Retirees

Features and Benefits

  • Very attractive high interest rates available
  • Minimum opening balance of N1 million
  • Minimum lock-in period of 3-6 months
  • Free investment advisory services from our team of expert
  • Funds can be used as collateral for mortgage application after 6 months – (Loan applications are still subject to terms and conditions)

Requirements

  • Two (2) recent passport photographs (full face forward, no glasses) for each signatory
  • Duly completed account opening form
  • Duly signed Signature Specimen
  • Minimum opening balance of N1m
  • Proof of Identity: Copies of Driver’s License, International passport, National I.D Card, and Voter’s Card.
  • Proof of Address: Utility Bill issued in the last 3 months (PHCN, Water, LAWMA etc).
  • For corporate bodies: Company Registration Particulars (Form CO2,Form CO7, Cert. of Incorporation, Memo & Article of Association, Board Resolution, Search Report (Corporate Account Only)