This is a hybrid account that provides the high interest rate benefir of a savings account with the cheque issuing convenience of a current account.

Features
•Opening balance of N10,000.00
•Minimum operating balance of N10,000
•Maximum of three withdrawals in a month
•Balances of N100,000.00 and above for 30 days attract bonus interest rate of 1% per annum
•Upcountry withdrawal of N50,000.00 and above to attract service charge of 0.25%

Benefits
•Pays interest rate above the prevailing savings rate
•Zero COT
•Customized non-clearing cheque book
•Lodgment of cheques and dividend warrant
•Third party payment and withdrawals allowed
•Standing order payments allowed
•Free debit card
•Free telephone, internet and mobile banking services

How to Apply
•Duly executed savings account mandate
•Suitable identification  document (International passport, Drivers License, National ID, Confirmed ID from company or union)
•Three passport pictures
•Two suitable referees
•Utility bill receipts
•Account opening forms can be obtained at any Springbank Branch, on the internet or directly from our marketing staff