Minus To Plus Account:
The Minus To Plus account is a Zero COT Current Account that pays Fixed Deposit returns. It is an auto-save current account that allows the customer to earn interest on idle funds while having the flexibility to issue clearing cheques.

The Minus To Plus account lets you enjoy the full benefits of a zero COT Current Account with a very attractive interest rate.

Why choose the Minus To Plus Account?

•  Relatively low account opening balance of N100,000.00 with no minimum operating balance required.
•  Automatically transfers funds in excess of N200,000.00, into an interest bearing fixed deposit account in multiples of N100,000.00. This means that you must have a minimum of N300,000.00 for an investment of N100,000.00 to occur on your account. The account allows for unlimited access to the invested funds.
•  Attractive interest payment of 8% per annum, only on funds that have stayed for a minimum of thirty (30) days in the fixed deposit account.
•  Zero Commission On Turnover (COT) every month, if the effective monthly AVERAGE balance in the Minus To Plus Account and Fixed Deposit Account combined is above N100,000.00.
•  No Account Maintenance, Service or Intersol charge is applied (unless the effective monthly average balance is below N100,000.00)
•  Whenever a withdrawal is requested and the un-invested balance in the Minus To Plus account is insufficient to service the request, the account automatically breaks the last batch of fixed deposit to fund the shortfall, and so on, in order to enable the earlier fixed deposits complete the thirty-day interest payment cycle.
•  Free Debit/ATM Gold Card with:
•  Higher withdrawal limits (up to N200, 000.00 per day) on FCMB ATMs only.
•  Access to funds through over 6000 FCMB and InterSwitch connected ATMs
•  Unlimited payments through POS machines
•  Free personalised Cheque Book (only the first cheque book is free)
•  Allows for the lodgement of clearing instruments and dividend warrants
•  An introductory free Internet banking access offer for three months. This enables online bill payments, transfers, account transaction enquiries etc, from a remote location (wherever you are).
•  SMS alerts (at N7.00 per SMS)
•  Unlimited withdrawals from account
•  Free monthly E-statements (paper statements available upon request)
•  Account can be operated either as an individual or a joint account.
•  Cash Handling charge for cash deposits in excess of N2 million.

Who can benefit from the Minus To Plus Account?

• Individuals who require an automated financial planner that ensures maximum returns on the idle funds in their current account.
•  Individuals with surplus funds who desire to earn competitive interest payments and require the flexibility for withdrawals which a conventional fixed deposit will not provide.
•  Individuals who already maintain fixed deposits with the bank but require a portion of their funds in an account which enables withdrawals.
•  Individuals who want to save on monthly COT charges to their current accounts.