baridamhoney:



So are u saying that it I only my id card that will be required to upgrade my account to accommodate millions and can it be done at any branch?

Doctorfitz:
Baridamhoney and Anderson

Doctorfitz:
Baridamhoney and Anderson

andersonbaba:


na my Padi now... what do u expect

okenwa:
Deposit the money piece by piece. Or give different depositors to lodge the money into the account

ironMind:
I am know that you is not get minimum and maximum. Any money you is carry to bank, she is collect and deposit. Only if you is carried fake money then they is look it in their club blue light. It is show that it fake. They not collect.

akinbabson:
let him visit his bank for advice. can I know the name of the bank so that I can be of help

bayulll011:


Let me help here as ex banker.

We banks we av differents products,ranging from early savers,solo account,standard savings currents accounts individual,current accounts savings tier 1 nd tier 2 respectivelly,the onion here is to open an account with a complete documentations,for saving account standard u will need a valid I'd and ultulity bills,unlike for solo accounts which is for students,tier one and tier 2 no needs of valids I'd and there will be limit to amount of money you can pay into such accounts,if u open a tier 2 or tier 1 expects to do a transactions less than a million,anyday u drop cash more than a million a PND (post no deposit) will be placed on the account then u will be asked to produced some documents to migrates the account.also why will u deposite a 10m in an account that all the year u runs the account the largest deposit u ever made was 20k,re u funding terrorist ?

ironMind:
I am know that you is not get minimum and maximum. Any money you is carry to bank, she is collect and deposit. Only if you is carried fake money then they is look it in their club blue light. It is show that it fake. They not collect.

andersonbaba:
A friend of mine has a Savings account and he plans to use it for land transaction worth about 10million naira. the questions now are;
1. can 10 million naira be deposited in a savings account without query?

2. will he be able to make a withdrawal from the individual savings account without being arrested bt security operatives ?

3. will his account be frozen for some policies reason and where that happens, will he still be able to access his hard earned cash?

4. is there anything like maximum cumulative balance and if there is what is the maximum balance for a savings account

ironMind:
I am know that you is not get minimum and maximum. Any money you is carry to bank, she is collect and deposit. Only if you is carried fake money then they is look it in their club blue light. It is show that it fake. They not collect.

ironMind:
I am know that you is not get minimum and maximum. Any money you is carry to bank, she is collect and deposit. Only if you is carried fake money then they is look it in their club blue light. It is show that it fake. They not collect.

andersonbaba:


it is because of a colleague's terrible experience with a Nigerian bank after a lodgement of 1 million naira was paid to a savings account she opened during her university days.

andersonbaba:
A friend of mine has a Savings account and he plans to use it for land transaction worth about 10million naira. the questions now are;
1. can 10 million naira be deposited in a savings account without query?

2. will he be able to make a withdrawal from the individual savings account without being arrested bt security operatives ?

3. will his account be frozen for some policies reason and where that happens, will he still be able to access his hard earned cash?

4. is there anything like maximum cumulative balance and if there is what is the maximum balance for a savings account

Keneking:
1. Can 10 million naira be deposited in a savings account without query? NO ---BREAK IT INTO TWO

2. will he be able to make a withdrawal from the individual savings account without being arrested bt security operatives ? NO ---DO TRANSFER

3. will his account be frozen for some policies reason and where that happens, will he still be able to access his hard earned cash? NO

4. is there anything like maximum cumulative balance and if there is what is the maximum balance for a savings account? DEPENDS

anonymuz:
Better still,open a current account with a registered business name and deposit your money there.

okenwa:
Deposit the money piece by piece. Or give different depositors to lodge the money into the account

darqly:
Just ensure the savings account was opened with CBN authorized identification i.e- International passport, National ID, Permanent Voters card or National driving license.
If it wasn't opened with any of the above, account may require an update once such sum is paid in. Customer should also have documents relating to the transaction as evidence of source of funds, in case the bank needs to verify during due diligence. It is normal for it to be reported to regulatory bodies as a qualifying transaction but account won't be frozen or access hindered once the above are complete.

andersonbaba:
A friend of mine has a Savings account and he plans to use it for land transaction worth about 10million naira. the questions now are;
1. can 10 million naira be deposited in a savings account without query?

2. will he be able to make a withdrawal from the individual savings account without being arrested bt security operatives ?

3. will his account be frozen for some policies reason and where that happens, will he still be able to access his hard earned cash?

4. is there anything like maximum cumulative balance and if there is what is the maximum balance for a savings account