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| Products & Services - Personal Banking |
| Glory Executive Saving Account (GESA) |
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This account is basically a target account for high net worth individuals which enables them save towards a dream project.
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| Features |
- Opening/minimum balance of N5, 000
- Benefits of the account will accrue to beneficiary when the minimum balance on the account is N50,000 and above
- Opportunity to withdraw or deposit cash from any branch with withdrawal and deposit vouchers provided the minimum annual savings of N60, 000 is met.
- Allows third-party withdrawals using customized withdrawal slips.
- Interest rate is 2% above Savings rate.
- Cash bonus of N60,000 per annum for customers with a minimum deposit of N200, 000 for 6 months.
- Cash bonus of N5,000 for first top 50 account holders every six months.
- Free N2, 000 worth of recharge cards for next top 50 account holders every six months.
- 70% of deposit can be used as collateral for loans.
- Deposit slips ARE NOT clearing cheques.
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| Benefits |
- Benefits of the account will accrue to beneficiary when the minimum balance on the account is N50,000.00 for at least six months preceding the disbursement of the free gifts.
- Disbursements of these gifts shall be in June and December of each year.
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| Check List |
Individuals
- Completed opening form signed in the presence of an officer of the bank (over a postage stamp)
- Two specimen signature card duly completed by applicant
- Two independent and satisfactory references
- Location report
- One clear identical passport size, with the applicants name and signature on the reverse.
- A resident permit for non-citizens(original to be sighted by Account Officers
- Each applicant must provide satisfactory evidence of identity(valid copy of international passport, drivers license or national identity card)
Sole Proprietorship
- Specimen signature card duly completed by each signatory to the account
- At least two independent and satisfactory references. Referees must not be spouses or relations of the proprietor
- Location report
- Three clear identical passport photographs of each signatory to the account with the name and signature of each signatory on the reverse
- Applicant must provide satisfactory evidence of identity(valid copy of international passport or drivers license or national identity)
- Registration certificate(original to be sighted by Account officer)
- Authority to debit association’s account for the cost of search, signed by signatories to the account
- Independent search report(to be obtained by the banks external counsel)
- Business location report
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| Application form |
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| Products & Services Links |
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