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4.5% Savings Interest - Investment - Nairaland

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4.5% Savings Interest by youngzoologist: 5:51pm On Jul 31, 2017
Hmmm...working into any banks in Nigeria, my first point is their "rate board"...indicating daily currency rate...
Down the board is the saving interest which in most banks reads 4.5%..
But in my many years of banking, I'm yet to see an alert showing such despite my daily, weekly and monthly balance...
Please, when exactly does the bank pays this interest....on what terms and conditions do they or not pay..
Re: 4.5% Savings Interest by Fxmanager(m): 6:49am On Aug 02, 2017
youngzoologist:
Hmmm...working into any banks in Nigeria, my first point is their "rate board"...indicating daily currency rate...
Down the board is the saving interest which in most banks reads 4.5%..
But in my many years of banking, I'm yet to see an alert showing such despite my daily, weekly and monthly balance...
Please, when exactly does the bank pays this interest....on what terms and conditions do they or not pay..

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