Gokoyer0:
Hi Bro and e-family,

Please, can you shed more light on the bidding process, the dos and donts and what are the options with their respective benefits? Should I just approach my bank account officer? I just dont want them to dupe me, hence I want to arm myself with necessary info beforehand.

I am using Zenith bank though.

Thanks for your reply in advance

Gokoyer0:
Yes, I had invested with some amount money yesterday. I think its really cool platform to make more money instead of letting cash lay fallow in savings acct with 4% interest rate. But according to what @Barrytone said, there is no compound interest in this, you will only get an interest on a daily basis.

I have a question though. How can I ask my bank officer to let my Tbills be running on a compound interest rate?

Tick reinvest interest on the form, ask them to reinvest the interest and that will be done till your interest gets less than 100k being minimum amount that can be invested and balance is returned to your account

Gokoyer0:
Yes, I had invested with some amount money yesterday. I think its really cool platform to make more money instead of letting cash lay fallow in savings acct with 4% interest rate. But according to what @Barrytone said, there is no compound interest in this, you will only get an interest on a daily basis.

I have a question though. How can I ask my bank officer to let my Tbills be running on a compound interest rate?

Gokoyer0:
Hi Bro and e-family,

Please, can you shed more light on the bidding process, the dos and donts and what are the options with their respective benefits? Should I just approach my bank account officer? I just dont want them to dupe me, hence I want to arm myself with necessary info beforehand.

I am using Zenith bank though.

Thanks for your reply in advance

Ehuatamuigunisi:


How much do you charge to import treasury bills from China?

Nnamz:


Run from Zenith Bank. I was using Zenith but because of their low rate I had to open accounts with First, GTB, and StanBic. Currently I only use GTB but people here say StanBic is better

dammy222:

So basically, we walk into a bank, fill a TB form and whatever rate we are giving by the bank is what we get. You can't negotiate the rate or something?
What of first bank, what is their rate like? Thanks in advance

dammy222:

Please can someone answer this

zamirikpo:


Peps should learn to read .........we Don tire to repeat.

Nnamz:


Run from Zenith Bank. I was using Zenith but because of their low rate I had to open accounts with First, GTB, and StanBic. Currently I only use GTB but people here say StanBic is better

Gokoyer0:
Noted Bro. Thanks for this info. Unfortunately for me, i am not around at the moment.

Nnamz:


I never walked into a bank to open any of my 4 accounts. With technology in this 21st century, you don't need to be around to open an account, or even do treasury bills. Same goes that I've never walked into a bank to do treasury bills. In fact, long story short, I don't live in Nigeria and that's not a hindrance for me. In fact I wouldn't waste my precious time going to banks even if I did live in Nigeria.

unite4real:
Here is the result

Nnamz:


I never walked into a bank to open any of my 4 accounts. With technology in this 21st century, you don't need to be around to open an account, or even do treasury bills. Same goes that I've never walked into a bank to do treasury bills. In fact, long story short, I don't live in Nigeria and that's not a hindrance for me. In fact I wouldn't waste my precious time going to banks even if I did live in Nigeria.

Gokoyer0:
I got you sir! I even have 2 gtb accounts running at The moment. I have sent an email to you, kindly reply me. Thanks

Apitch:
I think Stanbic lost their 364days bid.

zamirikpo:


Why would u think so.....pls enlighten us

Apitch:
I think Stanbic lost their 364days bid.

Barrytone:


If successful, when do we get Alerts.

Apitch:
I'm not so sure but my money was refunded for reason i don't know yet

dejiotus:

Just double checked with my account officer. Both 91 and 364 day tenors were successfully but NOT 182 day tenor according to her. Are you sure your application is 364 or182 day tenor?