Denn:


How will access bank generate account numbers when they don't have access to our company names?

Youwin only sent our names, youwin id and email to banks.

Some people will already have business accounts in the banks. An update of their file will be all that is required.

Account number generation involves a lot of processes and cannot be done for companies except with the availability of certain information... RC number, Company name, details of directors, TIN, ID card details, address, phone number etc.

CIF creation even before account generation....

Except youwin has sent scanned copies of our docs and id,

Denn

Denn:


How will access bank generate account numbers when they don't have access to our company names?

Youwin only sent our names, youwin id and email to banks.

Some people will already have business accounts in the banks. An update of their file will be all that is required.

Account number generation involves a lot of processes and cannot be done for companies except with the availability of certain information... RC number, Company name, details of directors, TIN, ID card details, address, phone number etc.

CIF creation even before account generation....

Except youwin has sent scanned copies of our docs and id,

Denn,

You know when people mean business, they get things done.

All they need do is assign a/c numbers to each awardee - pending when details are provided/updated and all.

Such an extraordinary move is possible if approved by the head office. Not sure of CBN regulations but it stands to reason that there shouldn't be many issues for an FG run/screened project.

Not every bank will be like UBA (non Youwin designated branch) that spent close to an hour printing (non readily available) account opening package. Not looking forward to the next 12 months with them. #Conditions #CrayfishTinz :-D

creating an account number is very posible without seen particular. Numbers can be generated. I experience it during my nysc. fildelity banks come with a ready numbers to camp. Those number are written in a tag, or small flyer And as you come you choose a number.,fill your name to it. As a matter of fact their is a no big deal in it. each bank have a ready made set of numbers for different accounts type before now. They have up to a certain number but because of variation in banks policy they dont issue it out without proper registration. Now couple with instruction and youwin partnership it will be done at very fast speed

globaldream:
creating an account number is very posible without seen particular. Numbers can be generated. I experience it during my nysc. fildelity banks come with a ready numbers to camp. Those number are written in a tag, or small flyer And as you come you choose a number.,fill your name to it. As a matter of fact their is a no big deal in it. each bank have a ready made set of numbers for different accounts type before now. They have up to a certain number but because of variation in banks policy they dont issue it out without proper registration. Now couple with instruction and youwin partnership it will be done at very fast speed

That is personal account number... And when did you serve?

^^^^
Further update on the account number debate.

Youwin has mandated all banks to send in a weekly report of all accounts opened.

Reports are sent in every Friday.

If you don't go to the banks, no account is opened for you.

I got the above information from my relationship officer in my designated bank.

Denn:
^^^^
Further update on the account number debate.

Youwin has mandated all banks to send in a weekly report of all accounts opened.

Reports are sent in every Friday.

If you don't go to the banks, no account is opened for you.

I got the above information from my relationship officer in my designated bank.

Oga there is no debate here, you are not assigned to access bank so you don't have access to correspondence with our officers. I'm not saying what I'm not sure of, you can confirm from others assigned to access bank.

CoolKizzy:


Oga there is no debate here, you are not assigned to access bank so you don't have access to correspondence with our officers. I'm not saying what I'm not sure of, you can confirm from others assigned to access bank.

You can take it as personal as you like.

I have no further comments on this

Denn:


How will access bank generate account numbers when they don't have access to our company names?

Youwin only sent our names, youwin id and email to banks.

Some people will already have business accounts in the banks. An update of their file will be all that is required.

Account number generation involves a lot of processes and cannot be done for companies except with the availability of certain information... RC number, Company name, details of directors, TIN, ID card details, address, phone number etc.

CIF creation even before account generation....

Except youwin has sent scanned copies of our docs and id,

It is very possible to get pregenrated numbers. The numbers are already there just to allocate the numbers to the name... Its left for you to enrich the account by providing all necessary documentations as asked in the mail. The main thing is for us to try and ensure we open our accounts on time...
Who has been able to successfully open his/her account... Share your experience.

@denn is 100% right. There is no way a Bank will open any account (especially a business account) without first getting the documentations from the proposed account owner. Definitely banks have number ranges they can assign to customers, that does not in anyway mean that an account has been pre-created for you.

What I understand with access bank is that some few marketers or "Oga at the top" has cornered the accounts and wants to use it to meet targets. Also there is no such thing as sweeping accounts to Youwin! Everyone will be asked to submit their account details to youwin at a later date.

I was asked to open at Zenith bank, I called the help line provided by youwin at the bank and they told me to walk into any zenith bank branch and open my account! The guy said Youwin will ask us to send the account individually, there is no special arrangements.

Thank you.

jeffmyson:
@denn is 100% right. There is no way a Bank will open any account (especially a business account) without first getting the documentations from the proposed account owner. Definitely banks have number ranges they can assign to customers, that does not in anyway mean that an account has been pre-created for you.

What I understand with access bank is that some few marketers or "Oga at the top" has cornered the accounts and wants to use it to meet targets. Also there is no such thing as sweeping accounts to Youwin! Everyone will be asked to submit their account details to youwin at a later date.

I was asked to open at Zenith bank, I called the help line provided by youwin at the bank and they told me to walk into any zenith bank branch and open my account! The guy said Youwin will ask us to send the account individually, there is no special arrangements.

Thank you.

hi guys, just got an email from youwin to go open a corporate account. and the bank sent me a email that account numbers has already been generated for us. It is possible because already youwin would have told them how many accounts to be expecting to open and the issue of online banking makes it so possible. I dont see any problem with it lo! any guys from ebonyi axis pls we should try to communicate in order to share ideas and information. this is my number 08107954171 or 07039173517. The bank is access bank.

Hi All

Let me shed more light on the above debate on account opening as an ex banker with same access bank for 6 years

The answer is no and yes and explanation is below

we have a term called pre-generated accounts in which accounts can be opened in absential and only info required is the name, a maintenance is done when the person appears and all other details are captured. so coolkizzy is someow right here , infact if the name is not available it could be replaced with xxxxxx just for the account number to be generated.

But this full process cannot be applied to corporate account except they get the RC number which is used for account opening to generate an account number so Denn is correct here. What access bank has done is to do a customer search using ur name and if u don't have an existing account they they do a customer addition ONLY and leave the full account opening till u come with your details thats why i can bet with you they wont send u an account number yet.

so guys both parties are right , they have started ur account opening process already but if you dont go you wont get an account opened.

Thanks

Hi guys, Awezu is not far from it. That's simply d fact and I know that for sure.
However let's not miss the point. We have been working, talking and sharing together... It can't stop now and we can't have any form of distractions because I no in d shortest possible time we will start sharing our success stories.
THE MAIN THING IS THIS...
Please let's all try and open our accounts on time...
If we have challenges in opening the account let's share it.
Banks are different. So simply follow what your own bank says you should do.
I wish us the very best.
Pls lets stop the debate.....

blink182:
no I don't, do you have one to sell?

Entrepreneur with excellent business idea welcome for partnership n sponsorship: contact Fakaar @ info.fakaarlimited@gmail.com or uejogu.fakaarlimited@gmail.com, solaiya.fakaarlimited@gmail.com

The only issues I have so far is that Zenith Bank (North East Awardee's) is not coordinated at all. Some of the desk officers we called claimed as of yesterday claimed that they not been informed or they seen any memo from management regarding the account for youwin awardee's.

When I called the guy simply said I should walk into any Zenith Bank and Open the "normal" corporate accounts. When I asked him, how youwin secretariat will get the Account, he simply said all the awardee's will be responsible for sending it individually to Youwin.

However, I was surprised to learn about the Access Bank set up for sweeping accounts to Youwin and I was also told by an Awardee in Kaduna that Stanbic IBTC called him and even came to his shop to deliver the account opening package with a further promise to pick it up the next day and that was same with many awardees in North west.

I really don't understand the situation with Zenith Bank or the arrangements, but I am of the opinion that there is an information gap between youwin and some of the banks or maybe some of the banks lack coordination's.

I really pray that the banks will not unneccesarily delay the tranche payment. Also some awardee's are even yet to start the account opening process which could also delay the payments.

Also some banks are asking awardee's to bring initial deposit ranging from 20K to 50K.

Those guys at Zenith Asked me for 50K initial deposit, I refused. I simply asked them the cost of the search fee, which is 6K and the cost of cheque book, which is N1050, I just deposited 7.5K and left.

I have my details now, just waiting for further instructions from Youwin!

Anyone here know when the presidential award will hold please?

jeffmyson:
Also some banks are asking awardee's to bring initial deposit ranging from 20K to 50K.

Those guys at Zenith Asked me for 50K initial deposit, I refused. I simply asked them the cost of the search fee, which is 6K and the cost of cheque book, which is N1050, I just deposited 7.5K and left.

I have my details now, just waiting for further instructions from Youwin!

Anyone here know when the presidential award will hold please?

I love your style bro My Account details will be ready tomorrow, Stanbic IBTC is an organised bank.
As for the presidential lunch, its on 25th of this month and it is also on the Youwin website when you check the arrow carrying dates below, on the right hand side of the page. I think they will send out mails to those qualified maybe a week before or some days before, you know its a sensitive journey because of the security issues happening in Nigeria, so they have to make arrangements to make sure hoodlooms don't penetrate Jonah's tent

Wanna share my experience at GTB Central business District in Abuja here.

Seems Coolkizzy and Denn are both having conflicting notion about the account opening and all.
The fact here is that both of you are partially right.
Today at the bank I was required to present these:

1. The original CAC certificate plus the other documents included on that dispatch brown envelop from CAC

2. Valid ID

3 TIN number

4. Company stamp (for business name)
Stamp + seal (for LtD)

5. You need to guarantors from the same bank (ie if u are designated to Gtb...u need 2 (two) guarantors from gtb that operate cooperate accounts with the bank...same applicable to other banks....from what my account officer said, u could still get guarantors to sign the form for you from another bank BUT the hitch as regards this is that...they 'll have to mail the other bank from which the guarantors are from to confirm b4 allowing you to access your funds but this doesn't mean your account can't be opened. So the long and short of the idea of getting guarantors from same bank to sign on the form is just for the EASE and Convenience of Confirming their status as regards standing in for you in case of any need for the bank to contact you.

5 photocopies of these documents will be made in the bank as a photocopier is readily available

6 you'll also have to fill in the cooperate aCcount form patiently and meticulously. The Questions are quite straight forward and easy 45mins max u should be done.


7. The account officer asked a couple of questions as regards you place of business
Or residential address as the case may be.
Simple questions like : color of the building, gate color..fenced or not? Etc
This is because the banks will still verify your address using their independent agent to either get a clear glimpse about the customer in question and check-mate fraud in future if need be.


8. Youwin gave banks a one week deadline to revert back to them as regards accounts and all. So the earlier you get done with yours ...the faster you get your tranch 1. As simple as that.

Finally, wishing all in the house a hitch free account opening experience where ever you are. This's my own little quota to show appreciation for this wonderful thread so far.

E-hugs.

@Jeffmyson, same happened to me at zenith bank. they asked for 50k, and they have no info about youwin, so sad. please what can we do?

zenith bank did not collect any kobo from awardees here in damaturu, yobe state. and they opened their account successifully, they also asured them their acct. No. and chequebook will be send to them shortly

@ Manya, simply go there with the necessary documents to open the account and just give them 7.5K, they will not reject it and you will be done.

Zenith Bank sucks to be candid! The most annoying thing is there lack of clues about youwin and what they will do next! Some of them said they have not seen any circular from head office about it!

Cheers

jeffmyson:
Also some banks are asking awardee's to bring initial deposit ranging from 20K to 50K.
Those guys at Zenith Asked me for 50K initial deposit, I refused. I simply asked them the cost of the search fee, which is 6K and the cost of cheque book, which is N1050, I just deposited 7.5K and left.
I have my details now, just waiting for further instructions from Youwin!
Anyone here know when the presidential award will hold please?

As simple as that,

manya:
@Jeffmyson, same happened to me at zenith bank. they asked for 50k, and they have no info about youwin, so sad. please what can we do?

@jeffmyson just gave you a clue I'll guess.

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Hello Fellow Millionaires, you guys have been superb here on the community. Kudos!

I was at our designated bank 'Zenith' today, with all necessary documents intending to complete the account opening, since I felt YouWin would have taken care of that and it shouldn't be any big deal. However, there was obviously no one to attend to me, the guy I talked with said he was on his way out, handed me the account opening form that I should wait for one of his college who obviously wasn't on sit.

So I asked the guy what are the requirements and immediately I discovered all he was trying to tell me is the normal procedures for a corporate account. I simple cut in and told him that it shouldn't be, that it was part of the things we asked YouWin at FMF in abuja, because many of us already have our corporate accounts, why another account but YouWin told us that since they can't use our already existing account, they've partnered with designated banks to make the process simply and easy, I told him I don't even see the reason for asking for referee, I sounded very bold and authoritative (afterall I'm no more an applicant, no, not a provisional awardee but a ....... you know.....lol), I was trying let the guy believe that, but for YouWin, I'm not interested in maintaining an account with them (and to be honest I'm not, no, not Zenith Bank!)

Guest what, after I said that, I looked at the guy and asked "how much is required to open the account", his response surprised me, he said "you decide any amount you want". I thought I didn't here him well, so I asked again, and he rephrased it even better "since you are from YouWin, we can't impose any amount on you, just decide how much you want to use to open the account, yourself". I took the form and left the bank, I'll update on how it goes when I get to the bank tomorrow with the completed form.

Hi edundayo, dats really bad, can you take time and go tru d zenith banks around you to be sure u in d right branch.... What u just explained now is a pure customer service issue...
Wat people have failed to understand is their right for better service, if u are not satisfied with their service you can go straight to the branch manager and express your displeasure, u will be surprised with the attention u will get...
Its too bad some banks were not well informed.... However kudos to stanbic, access and gt... In fact stanbic didn't ask for guarantor or referees to sign...
I know some awardess that are expecting their account numbers tomoro... De didn't spend up to 15 minutes in stanbic and De were tru.....
We all have to be smart and follow dis banks bumper to bumper, or else we will start hearing that some have gotten their 1 trench while others still trying to open bank accounts....

chukwuka12:
can you take time and go tru d zenith banks around you to be sure u in d right branch....

Yes, the very right branch, here you can't miss the Main Branch almost opposite CBN!

Chokomate:

I love your style bro My Account details will be ready tomorrow, Stanbic IBTC is an organised bank.
As for the presidential lunch, its on 25th of this month and it is also on the Youwin website when you check the arrow carrying dates below, on the right hand side of the page. I think they will send out mails to those qualified maybe a week before or some days before, you know its a sensitive journey because of the security issues happening in Nigeria, so they have to make arrangements to make sure hoodlooms don't penetrate Jonah's tent

You don dey see double. That date you are referring to (Nov 25th 2013) is the day this YouWiN 3 was declared opened. Check the website very well. No date for the Presidential Award Ceremony. Its still "To Be Confirmed"

bamistol:


You don dey see double. That date you are referring to (Nov 25th 2013) is the day this YouWiN 3 was declared opened. Check the website very well. No date for the Presidential Award Ceremony. Its still "To Be Confirmed"

Lols na true ooo I no they see well again ooo, sha no be my fault na just my mind really they that Aso waka sha.

Chokomate:

Lols na true ooo I no they see well again ooo, sha no be my fault na just my mind really they that Aso waka sha.

Lol.

manya:
i suppose youwin wants to finalise youwin2 b4 they begin disbursing youwin3. they visited my sister yesterday.

Please can you tell me the percentages the three tranches were paid in? Thanks.

i suppose your own disbursment % were specfied at FMF

blink182:
Please can you tell me the percentages the three tranches were paid in? Thanks.

Ours completely different from Youwin2, De specified our own % in our letter from IMF,and disbursement based on mile stones achieved..
I believe their are some who have since gotten their full trenches based on the mile stones achieved before now.

I think d questions to Many a should be,
1. What was d outcome of the visit.
2. Did she follow her proposal to the latter... Did she reach d required milestone for the last disbursement.
3. Did De pay her complete trenches.

Regards

I think Diamond bank guys are well informed and up to speed , the youwin rep for diamond just sent us mail congratulating us and telling us in details what to do . I called him and he was very polite and friendly.

For those assigned to diamond bank , we are to tell them to open corporate acct with product code 201 and they are to write the code 4719 on your account opening package . So they can identify YOUWIN accounts. They will send these accounts to Fed Min of Finance themselves for disbursement

Just ask for fee for search and cheque book and pay it in if u like , you don't even have to pay a kobo now as the Fed govt has told them to go ahead and open accounts for us. The charges will be taken from your first tranche.

Also if your documents are not complete you can still open pls and your tranche comes in, only thing is you wont be able to withdraw until you provide complete documentation. so dnt let either money or imcomplete docs deter you from going to open your accounts. highest they will do by statutory obligation is to place your account on a NO-DEBIT status pending when your documents are complete even if it is reference.

Just finished my account opening with Skye bank. Went well open corporate and they said we are not paying cot on the account, only monthly charges of 1k. Account number to come out by Friday.

awezu:
I think Diamond bank guys are well informed and up to speed , the youwin rep for diamond just sent us mail congratulating us and telling us in details what to do . I called him and he was very polite and friendly.

For those assigned to diamond bank , we are to tell them to open corporate acct with product code 201 and they are to write the code 4719 on your account opening package . So they can identify YOUWIN accounts. They will send these accounts to Fed Min of Finance themselves for disbursement

Just ask for fee for search and cheque book and pay it in if u like , you don't even have to pay a kobo now as the Fed govt has told them to go ahead and open accounts for us. The charges will be taken from your first tranche.

Also if your documents are not complete you can still open pls and your tranche comes in, only thing is you wont be able to withdraw until you provide complete documentation. so dnt let either money or imcomplete docs deter you from going to open your accounts. highest they will do by statutory obligation is to place your account on a NO-DEBIT status pending when your documents are complete even if it is reference.