CapitalMetriQ Flex Account – Tier 1

This is a savings account that provides access to banking services to customers without valid means of identification. Account is opened with minimal KYC documentation. Target market includes Artisans, Self-employed individuals, Financially excluded individuals, Personal employees, Domestic staff etc.

Features / Benefits

• Zero account opening and operating balance
• Default savings interest rate of 2%
• Maximum of 4 withdrawals monthly; Interest forfeiture if withdrawal exceeds four (4) times in a month
• Debit card issuance
• Mobile banking transaction daily limit of N30,000
• Maximum single deposit limit of N50,000
• Maximum cumulative account balance of N300,000
• Access to e-channel platforms
• Account can be opened online

Account Opening Documentation

• Account Opening Form
• Signature mandate card
• 1 passport photograph
• Bank Verification Number (BVN) of Applicant