PresidentBuhari:
I have always said it, the most useless Bank in Nigeria Award (MUBNA) goes to EcoBank.

Exactly what they did to you is what i experienced the last few months i tried to move funds from my account with them to another bank, when i tried moving funds from a different branch to avoid encounter with my account officer, the branch always delayed me for at least 48 hours in the name of verification that it's actually me, they use this time to contact my account officer and tell her that i am about moving so so amount, then the stupid girl will now call me asking me why i am moving my OWN MONEY , if not because of my respect for their Oga, i would have blasted her over the phone for asking me such a stupid question.

Every single time i tried to move money, she is always aware and she will try to persuade me not to move the funds, at some point the useless account officer started lieing to me that the person who is supposed to authorize my transaction at their branch while i am trying to transfer from a different branch is not around, I was overfed-up , i devised another means of using ATM card to do the movements and within a short period my account balance went to N1300.00 only, i had a smile of relief, i advice everyone with them to run for their life. You are not only losing interests but they will frustrate you if you have cash emergency.

.
This is horrible.

doesnt Ecobank have internet banking that one can use to move money? why do you need to go to a branch to move your money?

RealityShot:

Do Mutual funds..

IbTC money market fond starts at N5000 and conpounds daily forever!

Yes..you can add more any time with the TOP UP online option.. Directly with your atm card (in multiples of 5000 each time)

joseph1013!!
Yes ..there is an option for opening an account for a child.

information indeed is key. at least I can start with this. do I have to open an account with the bank first?

ijeshaboy:
I wanted to terminate my own but the guy I met at gtb gave a discouraging response, what are the penalties for terminating tbills before maturity?

Has anyone terminated TB before maturity with GT or any other bank? I tried to terminate the TB I have with GT this week but the offer they gave was very discouraging. The TB has just 70 days to maturity but what they offered was too ridiculous.

Erinbola:


Has anyone terminated TB before maturity with GT or any other bank? I tried to terminate the TB I have with GT this week but the offer they gave was very discouraging. The TB has just 70 days to maturity but what they offered was too ridiculous.

that what am saying if it is mutual fund u can get your money with interest stambic mutual fund also invest in TBills too.

due to limited amount to be transfered via internet.

TCD:
.
This is horrible.

doesnt Ecobank have internet banking that one can use to move money? why do you need to go to a branch to move your money?

ijeshaboy:
that what am saying if it is mutual fund u can get your money with interest stambic mutual fund also invest in TBills too.

I prefer to wait till maturity and source the fund I need somewhere else. Mutual fund is good but you won't get the rate of return we are currently getting from TB.

The true yield of a 364 days TB @ 18.2% is over 22%. Mutual fund can not natch that.

majoie:


information indeed is key. at least I can start with this. do I have to open an account with the bank first?

nope..

use your own bank to
transfer with pos or do online transfer..etc..

opening account is only necessary for TBills.

they dont accept cash payments

Erinbola:


I prefer to wait till maturity and source the fund I need somewhere else. Mutual fund is good but you won't get the rate of return we are currently getting from TB.

The true yield of a 364 days TB @ 18.2% is over 22%. Mutual fund can not natch that.

TRUE

No, it doesn't. I was living in Idiroko border when I came to do mine in NAF base.

tolajay:
Thanks for the info.

Does it matter if I don't reside in Ikeja/Oshodi local government, will I be attended to?

Gavrelino123:

You are too modest..... I'm loyal bro......

PLEASE O.
I have said it before that I am not a Guru at all. We are all learning from each other and I honestly don't see anything that qualifies me as a Guru as I have also been learning one thing or the other from so many people on this forum.

TONY56:


PLEASE O.
I have said it before that I am not a Guru at all. We are all learning from each other and I honestly don't see anything that qualifies me as a Guru as I have also been learning one thing or the other from so many people on this forum.

You are even more modest.
Intelligent people never accept compliments..!

Great! Thanks

larrywax:
No, it doesn't. I was living in Idiroko border when I came to do mine in NAF base.

My Oga, anyway you want to look at it, You are a figure of reference on this thread like so many of my Ogas.
I believe we all are learning from this thread like you said (Probably why I never close the tab on my browser). Nonetheless, I duff my heart.

TONY56:


PLEASE O.
I have said it before that I am not a Guru at all. We are all learning from each other and I honestly don't see anything that qualifies me as a Guru as I have also been learning one thing or the other from so many people on this forum.

[quote author=TONY56 post=59841128]

I duff my heart sire!!!

Gavrelino123:

You are too modest..... I'm loyal bro......

AkDave1:
I duff my heart sire!!!

You are welcome

AkDave1:
My Oga, anyway you want to look at it, You are a figure of reference on this thread like so many of my Ogas.
I believe we all are learning from this thread like you said (Probably why I never close the tab on my browser). Nonetheless, I duff my heart.

I hail all of inna

Hey guys.....pls allow @tony56 .......he is only being modest. Truly any man who says he knows it all invariably knows nothing.


Someone started this thread....in my time here,so many have impacted my life.....so he is right.


In other news....what r the projections for next auctions and even for next year. Because as it is ,we r all in the business called The MONEY MARKET.

Hello guys.. please how good is this Stanbic IBTC mutual funds, I have done some research and the results are quite encouraging, planning to test the waters with a 30days investment of 500k. Any advise or contrary view will be highly appreciated.

Yes back to the matter... Please someone analyse the below.

https://www.thecable.ng/bad-outing-bonds-investors-shun-auctions

The last Bond auction was largely under-subscribed, according to the DMO. Hope this will not cause the upcoming NTB auction to be over-subscribed, thereby bringing down the discount rates.

zamirikpo:
... In other news....what r the projections for next auctions and even for next year. Because as it is ,we r all in the business called The MONEY MARKET.

Bro.. I think this link will help you understand the pros and cons as regards Mutual Funds...

https://www.nairaland.com/1912965/mutual-funds/34

bxcode:
Hello guys.. please how good is this Stanbic IBTC mutual funds, I have done some research and the results are quite encouraging, planning to test the waters with a 30days investment of 500k. Any advise or contrary view will be highly appreciated.

Gavrelino123:
You are welcome

will 364 days be a available in this coming week Auction...?

Gavrelino123:

will 364 days be a available in this coming week Auction...?

Yes. Ds ll help
https://www.today.ng/business/finance/7130/nigeria-plans-n193bn-treasury-bill-sale-week

adegokekemi:


Yes. Ds ll help
https://www.today.ng/business/finance/7130/nigeria-plans-n193bn-treasury-bill-sale-week

God bless you dear..

Good day great minds. So I have decided to take a step. I will be going to Stabic IBTC to enquire about their Tbills having rounded up my saving to 100k through a little more hustle. I hope my journey into Tbills won't be 'sleep draining' lol


I can't thank you all contributing usefully to this group enough, I have learnt a trailer load.

I know this might not look right here but you don't know where you EMPLOYER/HELPER is.

I AM LOOKING FOR A JOB.

I am graduate of Political Science (done with NYSC) with good management and IT skill (still improving on it). I have 1year experience working as an IT support personnel and over 1year experience as a marketing executive in different companies (ICT and Printing Ink)·

I can troubleshoot and maintain computers.
I can maintain a LAN (local Area Network).
I can also deliver international Certification exams having the knowledge of Pearson VUE, Kryterion, Certiport and other exam delivery bodies.

Though my strength lies more IN IT but I have the basic knowledge of marketing and management and can excel if found in any of such position.


I am open to being trained in any field (FMCG, Banking, Insurance and ICT or Telecoms)

PLEASE GOOD PEOPLE I NEED YOUR HELP.

phone no: 07036968890

Keeppushing:
Good day great minds. So I have decided to take a step. I will be going to Stabic IBTC to enquire about their Tbills having rounded up my saving to 100k through a little more hustle. I hope my journey into Tbills won't be 'sleep draining' lol


I can't thank you all contributing usefully to this group enough, I have learnt a trailer load.

If you want to partake in Wednesday August 30 primary auction, ensure you fill and submit their form by tomorrow because going there to fill it on Tuesday might dicey.

Gavrelino123:

God bless you dear..

Uwc

Yes according to the TB calendar.

Gavrelino123:

will 364 days be a available in this coming week Auction...?

kycilae:
Please how do i know d bill rate of ds coming Wednesday for 364 days in Stanbic IBTC

you'll know for sure after Wednesday

Finally i invested 2m for 182 days with first bank. Please, how much am i expecting by Wednesday. Thanks.

GODAKPAN:
Finally i invested 2m for 182 days with first bank. Please, how much am i expecting by Wednesday. Thanks.

You can't be sure until after the bidding but it's going to be in the neighbourhood of N170,000 + or -considering the last and recent rates and also depending on First Bank bid rate.
Mind you, your upfront interest may not be paid until Friday but definitely not on Wednesday except those who invested through STANBIC.