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.
International funds transfer is prohibited.
You will be required to provide further documents at any point in time when transacting above the regulated threshold.
This account is strictly savings.
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.