Emedu:
Pls can someone advise me on how to open MMF with Firstbank. I visited one of their Branches, the customer care knows nothing about mutual fund. I will not want to use Stanbic again, they are in charge of my pension. Thanks

Use this link

https://fbnquest.com/wp-content/uploads/2018/07/425_FBNQAM-Mutual-Fund-Applicant-Form_Individual-1.pdf

Fill it, scan it along with passport, proof of address, ID card, proof of payment.

Send it to customercare@fbnquest.com

moneywoman74:


Thanks for the feedback. Please is it on the online access icon i should click, print and fill the form.

Thank you once again

Send a mail to customercare@fbnquest.com

Yem0350:


Use this link

https://fbnquest.com/wp-content/uploads/2018/07/425_FBNQAM-Mutual-Fund-Applicant-Form_Individual-1.pdf

Fill it, scan it along with passport, proof of address, ID card, proof of payment.

Send it to customercare@fbnquest.com

Thanks greatly. Have downloaded the form

INVESTORS NEEDED

Earn 6-9% Returns on Investment (ROI) monthly plus quarterly bonus.
Our company is into the Mining/Supply of Mineral Resources sub-sector and need #100 million naira to meet the increasing demand from our local and international Clients.
We are located in Festac town, Lagos state.
Invest with us today and enjoy lucrative ROI.
Terms and conditions apply.

For calls/enquries 08054931445,08025947173
Watsapp only 08033702558
http://wealtharenacode..com/

Pls note: Only Serious Investors Should contact us.

Limited slots available.

Ladasha:
https://www.premiumtimesng.com/business/282831-breaking-stanbic-ibtc-surrenders-venture-capital-licence.html

Stanbic IBTC today, 07/09/2018, surrendered its venture Capital License.

What is the implication of this to our investments?

So cant it be said that it's safe to withdraw our money from our Mutual Fund accounts?

I doubt this will affect clients mutual fund accounts..

dotcomnamename:



So cant it be said that it's safe to withdraw our money from our Mutual Fund accounts?

I doubt this will affect clients mutual fund accounts..

It won't affect MMF for sure.

I think, they are reducing exposure to fraudulent Nigerian-entrepreneurs

RealityShot:

It won't affect MMF for sure.

I think, they are reducing exposure to fraudulent Nigerian-entrepreneurs

How?

dotcomnamename:


How?

It won't affect MMF because our money is invested in government treasury bills and only a few guaranteed papers.

Venture capital is a risky business that does not relate in any way to Treasury bills.

amaham:

Yes , its stanbic. They later paid by 10pm yesterday. Online redemption is 3days while offline is 5days

It's 48 hours minimum actually for Stanbic online redemption

sammydirectly:



It's 48 hours minimum actually for Stanbic online redemption

Any idea on how to wirelessly increase investment value beyond 200k without visiting the bank in person?

MrHighSea:

Any idea on how to wirelessly increase investment value beyond 200k without visiting the bank in person?

Use the app or online subscription using your atm card

This is worth sharing.

I got a same day redemption yesterday 12th September.

I requested to redeem before 12am. My bank account got credited before close of business same yesterday.

StanbicIbtc mmf

kaze4blues:
This is worth sharing.

I got a same day redemption yesterday 12th September.

I requested to redeem before 12am. My bank account got credited before close of business same yesterday.

StanbicIbtc mmf

This is the first time I’m redeeming some of my funds too.
I requested yesterday 12 September @ 4:50pm .
And my bank account got credited today, 13 September @11:46 am.
Very impressive I must say. ✌️.
Stanbic IBTC , yeah!

Greetings guys, I know this is not the right thread, but i need on good stock broking firms pls.

Adayoung:
Greetings guys, I know this is not the right thread, but i need on good stock broking firms pls.

Visit www.morgancapitalgroup.com

freeman67:

Visit www.morgancapitalgroup.com

Thanks

ayobamilawrence@gmail.com

_

I have noticed that my interest in stanbic MMF has reduced on two occasions instead of increase. I have sent a mail to then and they acknowledged my mails but no explanations. My question is,can one experience decrease after a day's transaction on MMF ?This is happening to my interest twice since after the sanction from CBN....

umulobi:
I have noticed that my interest in stanbic MMF has reduced on two occasions instead of increase. I have sent a mail to then and they acknowledged my mails but no explanations. My question is,can one experience decrease after a day's transaction on MMF ?This is happening to my interest twice since after the sanction from ClBN....

l am experiencing the same thing now
About #1435 difference.

[quote author=ndidigood post=71179530]l am experiencing the same thing now
About #1435 difference.

What could be the reason? I have not experienced this since I started investing in MMF.

Pls wht will be the daily ROI if investing 1million in MMF

umulobi:
I have noticed that my interest in stanbic MMF has reduced on two occasions instead of increase. I have sent a mail to then and they acknowledged my mails but no explanations. My question is,can one experience decrease after a day's transaction on MMF ?This is happening to my interest twice since after the sanction from CBN....

Same here, I hope they have not started thieving.
I decided to take record just this week
Monday 600489
Tuesday 600669
Wednesday 600848
Today 600250
I have sent a mail. I hope it’s an error

Apart from the reduced interest I noticed, they offer the least interest rate (below 10.9%) of what other MMFs offer(based on the fund I also invested in)
If FBNQuest can offer 12.08 on Wednesday, nothing stop stanbic from offering above 11.5%

seunnuga:
Same here, I hope they have not started thieving.
I decided to take record just this week
Monday 600489
Tuesday 600669
Wednesday 600848
Today 600250
I have sent a mail. I hope it’s an error

P:S They have effected the correct increment

seunnuga:


P:S They have effected the correct increment

It is too late bro...decisions have been taken.I am a very experienced investor and can't tolerate such financial recklessness when there are many healthy alternatives and competitors. They should learn through the hard way.I have already pushed the exit button!

Axamansard has been a credible option
www.axamansard.com

umulobi:


It is too late bro...decisions have been taken.I am a very experienced investor and can't tolerate such financial recklessness when there are many healthy alternatives and competitors. They should learn through the hard way.I have already pushed the exit button!

Healthy alternatives and competititors like ?

seunnuga:

Healthy alternatives and competititors like ?

I don't know why you people don't like ARM, they have being doing good.

umulobi:
I have noticed that my interest in stanbic MMF has reduced on two occasions instead of increase. I have sent a mail to then and they acknowledged my mails but no explanations. My question is,can one experience decrease after a day's transaction on MMF ?This is happening to my interest twice since after the sanction from CBN....

Wow!
I noticed this yesterday too!
Mine reduced! But it all came back today.
these Stanbic people did something to me… I have a Stanbic IBTC bank account but I didn’t want an atm card.
Then later on ,I discovered they will not allow you withdraw less than one hundred thousand naira with withdrawal slip . I was like Are you guys kidding me? Who does that.
So I had to request for a debit card because I can’t keep transferring funds to my Other bank account just because I want to withdraw.
So, I went to collect my card when I got a message it was ready . Guess what ?
I got the greatest surprise of my life !
Monthly maintenance fee
N50.00 per month
The other bank I use charge N100 annually for that and that’s why I was shocked .
I guess CBN allow them to charge up to that anyways.

seunnuga:


Healthy alternatives and competititors like ?

Haha bros
lol
Who doesn’t know there are many other good Fund managers too.

ndidigood:
l am experiencing the same thing now
About #1435 difference.

it has been rectified this morning when l checked