| 1. Savings Account |
| Features: |
A savings account giving customers the unique opportunity to save and earn more. |
Offers competitive interest rates. |
Withdrawal of funds is by account owner. |
Withdrawal is by means of a withdrawal slip at no extra charge |
Withdrawal can be made at any branch of the Bank. |
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| Benefits: |
It gives customers the unique opportunity to save and earn more |
Convenient, fast and easy banking |
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| Mode Of Operation : |
Savings Account opened after full documentary and Know Your Customer (KYC) requirements are met. |
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| 2. Zenith Children's Account |
| Features: |
Savings account for children 0-18 years |
Competitive interest rate |
The number of withdrawals allowed is once per month |
Account can be opened at birth |
Withdrawals can be made using customized slips |
Child takes over when ready after 18 years and may operate as current or Savings account |
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| Benefits |
Encourages parents to save for their children |
Inculcates a savings habit in children at an early age. |
Helps parent plan for children´s education |
Use of account balance as collateral for credit from bank. |
Larger deposits earn more interest |
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| Mode Of Operation |
Basically a savings account that will be operated through passbook on behalf of the child |
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| Requirements |
Means of Identification ( Passport or Drivers License of parent/guardian who will operate the account on behalf of the beneficiary |
Two passport photographs of parent/guardian and that of child(ren) |
Mandate cards completed by parent/guardian |
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| 3. Cheque-In Savings Account |
| Features: |
A hybrid of savings and current account, giving customers the unique opportunity to invest and earn more.
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Offers competitive interest rates |
Access to a Relationship Manager |
Withdrawal of funds by third parties on behalf of Zenith Bank account holder |
A maximum of three withdrawals in a month at no cost. Any additional withdrawal attracts a charge. |
Cheques to be issued for withdrawals at any branch of the Bank. |
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As a hybrid account, it gives customers the unique opportunity to invest and earn more |
Convenient, fast and easy banking and access to a cheque book |
Cheques to be issued for withdrawals at any branch of the Bank |
Customers can withdraw up to three times in a month |
Account will serve as collateral for loans and/or overdraft. |
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| Mode Of Operation |
Account will be operated as a hybrid account of savings and current accounts |
Account will be opened and operated after full documentary and Know Your Customer (KYC) |
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