Open a savings account without any documentation.

  • N1, 000 minimum account opening balance
  • N1, 000 daily minimum operating balance
  • Maximum single deposit of N50, 000
  • Maximum daily cumulative balance of N300, 000
  • Secure, quick and convenient 24/7 banking with UnionOnline and UnionMobile
  • Access to online banking and debit cards
  • Earn 4.2% interest

Account Opening Requirements

  • Duly Completed Account Opening Form
  • One recent passport photograph
  • Bank Verification Number.

Open a savings account without any documentation.

  • N1, 000 minimum account opening balance
  • N1, 000 daily minimum operating balance
  • Maximum single deposit of N100, 000
  • Maximum daily cumulative balance of N500, 000
  • Secure, quick and convenient 24/7 banking with UnionOnline and UnionMobile
  • Access to online banking and debit cards
  • Earn 4.2% interest

Account Opening Requirements

  • Duly Completed Account Opening Form
  • One recent passport photograph
  • Bank Verification Number
  • Any means of identification
  • Proof of Address
  • Newspaper Publication plus Marriage Certificate or Sworn Affidavit (If account name differs from the name on ID)

Save regularly at competitive interest rates with flexible withdrawals.

  • Earn 4.2% interest. 
  • Account opening balance of N2, 500.
  • Daily minimum operating balance of N1, 000.
  • Access to mobile and internet banking.
  • Access to debit card.
  • Cheque deposits of up N2million.

Account Opening Requirements

  • Duly Completed Account Opening Form. 
  • Two passport photographs. 
  • Bank Verification Number.
  • Valid means of identification. 
  • Proof of Address. 
  • Newspaper Publication plus Marriage Certificate or Sworn Affidavit (If account name differs from the name on ID).

Account designed for long term savings.

  • Account Opening balance of N50, 000
  • No Debit allowed on account
  • Minimum tenor of 2 years
  • Maximum tenor of 15 years
  • Education insurance cover of up to N1.5million
  • Tiered interest rate and deposit band

Account Opening Requirements 

  • Duly Completed Account Opening Form 
  • Two passport photographs
  • Bank Verification Number
  • Valid means of identification
  • Proof of Address
  • Marriage Certificate or Sworn Affidavit (If account name differs from the name on ID)

A unique savings account that offers concessions and other benefits.

  • Account opening balance of N20, 000
  • Daily minimum operating balance of N20, 000
  • Access to online and mobile banking
  • Access to premium debit card
  • Tiered interest rate based on available minimum daily balance

Requirements

  • Completed Account Opening Form
  • Valid Means of Identification
  • Bank Verification Number
  • Newspaper Publication plus Marriage Certificate or Sworn Affidavit (If Account name differs from name on ID)
  • Proof of Address
  • Two passport photographs
  • References (optional – For cheque deposits above N2million)

Customised salary account for employees in the formal and informal sectors with special offers and benefits.

  • Free Debit Card.
  • Access to online and mobile banking
  • Personalised 3rd party withdrawal booklet

Requirements

  • Introductory letter from the company
  • Company Identification Card
  • Completed account opening form
  • Proof of address
  • Bank Verification Number

Savings account designed for children between the ages of 0 to 17 years. You can save in Naira or foreign currency

  • Earn 4.2% interest on Naira account
  • Earn 0.2% interest on foreign currency account
  • Account opening balance of N2, 500 and $50 (or its equivalent) for foreign currency account.
  • Daily minimum operating balance of N1, 000
  • Access to internet banking
  • Cheque deposits of up N2million.

Requirements

  • Birth certificate of child.
  • One recent passport photograph of child.
  • Means of identification of Parents/Guardian
  • Proof of Address
  • One recent passport photograph of parent/guardian
  • Bank Verification Number of parent/guardian
  • Newspaper Publication plus Marriage Certificate or Sworn Affidavit (If account name differs from the name on ID)

Account especially designed for young people.

  • Zero account opening balance. (N2, 500 required for debit card and minimum balance).
  • Daily minimum operating balance of N1, 000
  • Maximum daily cumulative balance of N1, 000,000
  • Access to mobile and internet banking
  • Access to debit card
  • Earn 4.2% interest

Requirements

    • Bank Verification Number
    • Temporary ID card issued by NYSC /School ID or Introductory letter from tertiary institution (Students) or Non Student Valid ID
    • NYSC Call up letter
    • Introduction letter from NYSC
    • Newspaper Publication plus Marriage Certificate or Sworn Affidavit (If account name differs from the name on ID)

Account designed for businesses with low turnover. You can earn interest on this account.

  • Account opening balance of N20, 000.
  • Daily minimum operating balance of N5, 000.
  • No maximum debit turnover.
  • Earn 4.2% interest. 
  • Get a customised cheque book. 
  • Third party withdrawals across the counter

Account Opening Requirements

Unregistered Clubs, Societies and Associations (No Legal search required).

  • Bye-Law and Constitution.
  • Minutes of Meeting.
  • 2 Passport photographs of each of the signatories.
  • KYC documentation (National ID, NIMC Slip,  Driver’s License, International Passport)
  • BVN is required for all the signatories to the account
  • Utility bill
  • Third party withdrawals across the counter

Registered Organizations (Enterprise and Ltd- Legal search required)

  • Memorandum and Articles of Association (MEMART)
  • Statement of Share Capital and Return of Allotment of Shares(CO2)
  • Particulars of the Directors (CO7)
  • Certificate of Incorporation
  • Application form for registration of business name(enterprise only)
  • Certificate of registration(enterprise only)
  • National ID, NIMC Slip, Driver’s License, International Passport and BVN of all the signatories and any shareholder that has 5% above (Limited companies only)
  • Tax Identification Number(TIN)
  • Utility bill

** References (optional – For lodgement of cheques above N2million)

A foreign currency denominated account that lets you save in US Dollars, Euros and Pounds.

  • Zero daily balance
  • Opening balance of $100
  • Earn interest with limited monthly withdrawals (interest will be forfeited after 3 withdrawals)
  • Use your MasterCard or Visa debit card for worldwide ATM withdrawals and online transactions
  • Safe and convenient 24/7 online and mobile banking with UnionOnline and UnionMobile