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The operations of tier 1 account is limited to a maximum single deposit amount of ₦50,000 and maximum cumulative balance of ₦300,000 at any point in time.
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International funds transfer is prohibited.
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You will be required to provide further documents at any point in time when transacting above the regulated threshold.
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This account strictly savings.
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Instant banking (*770#) is limited to a default daily transaction limit of ₦20,000 and can be increased to a maximum of ₦200,000 at any branch.