Abbey Certificate of Deposit (Abbey COD)
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 & 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)
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