₦airaland Forum

Curious345:
go to any Firstbank and ask about the Screenshot below

Curious345:
Not only Stanbic . Firstbank too

egojeny1:
Swears. I never knew about it until last year, and it has been amazing. Although rate varies but it has been quite high for months now(20% plus)

Ernesthugo:
was my calculations correct?

Ernesthugo:
i did that got it at 2000 per 1usd and cbn crashed it to 1200 per 1usd lost 800 when i sold it

IamMobisola:
So the interest rate of 20% is paid in a daily basis or weekly or monthly?

Curious345:
Absolutely correct .

Curious345:
Daily .. .

Now after making an initial deposit of say 2000000. You have to leave the money there for 30days. ,then after that you can apply to withdraw the interest ontop of the 2000000. Then the 2000000 you'll leave it behind to yield another interest for another 30days , then you also with draw it too..

Curious345:
Absolutely correct .

Curious345:
Daily .. .

Now after making an initial deposit of say 2000000. You have to leave the money there for 30days. ,then after that you can apply to withdraw the interest ontop of the 2000000. Then the 2000000 you'll leave it behind to yield another interest for another 30days , then you also with draw it too..

olatuneji:
Well done Sir,
I want to ask, you said one can withdraw the interest on top the 2m every 30 days,
Do you mean 20% every 30days?

Ernesthugo:
now I understand these angle of withdrawing your interest after every 30 days.


what if I want to withdrawal all would that be possible? even before the 30days.

I am asking because of the available reach and temptations to spend? would the whole funds be locked for 30days or the number of days you want to invest on? am asking you because it what u have experience on

Ernesthugo:
Thanks boss, i just followed you, tho i run similar package with piggyvest, but what they do is give you the percentage which is varies as to the number of days you choose to invest and sum it debt the principal and credit you immediately the full compound interest for the duration of days you invested on, while on that you don't have access to your cash until the liquidation date aka withdrawal date.

300wayne:
so i decided to run "DIY" for the stanbic mutual fund investment via the mobile app and i wanted to run it by you guys to know if i am on right track especially beacuse i do not have the time to go to the physical bank branch due to engagements.

please let me know if i am on right track and what account i need to chose/send fund from the attached screenshot.

also, what i need or expected to do after sending the money.

Thank you.

cc
Curious345
Onyiridike

Onyiridike:
The first on the list. Make sure that you also selected money market fund in your online application.
Remember to include your E-account in the narration section of your bank transfer.