- Convenient & easy to open
- Withdrawals are not limited and allows third-party
- Allow use of chequebook as a safe and convenient means of (cashless) payments
- Loan/overdraft facility
- Online banking & ATM card
- Allows standing orders for regular payments e.g. insurance premiums, rent, etc.
- Free monthly e-statements
- Free printed monthly (on-demand) statement and interest paid on accounts with minimum balance over N50K
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