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Priority Deposit Account PDF print email

This is a fixed deposit account for middle to high end income earners. It is an account that facilitates the booking of additional savings in a fixed deposit account directly linked to either your existing Select account or Regular current account whilst enjoying the benefits of a fixed interest rate.

Ask at any of our priority banking desks at the following branches for an account opening form

Features

  • Opening balance is N500,000
  • Upfront interest on 180 days tenured funds
  • Minimum tenor of 90 days applicable on funds
  • Access to additional overdraft on current account
  • Zero% withholding tax
  • Free mobile banking access
  • Free internet banking
  • Dedicated Account manager
  • Free financial advisory

Terms and conditions

  • Interest rate to be determined by market forces and will be advised at point of booking, all additional changes will be advised and communicated at all times
  • Termination prematurely will only be allowed with a penalty fee and if the upfront interest has not been paid.
  • Agreed overdraft will be subject to 80% of the value on fixed deposit with Interest applied.
  • No limited Liability Company is allowed to hold this account. ( enterprise select)
  • To avoid high dormancy rate and 'cannibalization’ of corporate accounts, customers would not be allowed to migrate to the platform, but rather seek to begin a new relationship ( enterprise select)
 

How may we help you?

0700 SKYEBANK
0700 75932265
0806 988 0000
01 4482 100

Email: yescenter@skyebankng.com

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