Cynnny:
Hi Guys,

Please, can anyone direct me on how to make additional subscription on my Stanbic IBTC Money Market Fund account?

Would I make use of the Top-Up section on my dashboard? I am being directed to enter my debit card details and seems I would be charged an extra 100 naira on the 25K I want to transfer. I want to be sure I am using the right means.
That #100 is the fixed charge on any amount. However, you can as well make a fund transfer to their account and upload your POP

Thank you.

Cynnny:
Hi Guys,

Please, can anyone direct me on how to make additional subscription on my Stanbic IBTC Money Market Fund account?

Would I make use of the Top-Up section on my dashboard? I am being directed to enter my debit card details and seems I would be charged an extra 100 naira on the 25K I want to transfer. I want to be sure I am using the right means.

Thank you.

rOsy247:
Please what are the documents required to open money market fund with first bank and stanbic?

emmasoft:

1 passport, Means of Identification, utility bill not older than 3 months

rOsy247:


Ok thanks. This utility bill, how can I get it since I don't pay for Nepa bill

Cynnny:
Hi Guys,

Please, can anyone direct me on how to make additional subscription on my Stanbic IBTC Money Market Fund account?

Would I make use of the Top-Up section on my dashboard? I am being directed to enter my debit card details and seems I would be charged an extra 100 naira on the 25K I want to transfer. I want to be sure I am using the right means.

Thank you.

coolangel54:
Borrow or steal.

Esyy:
Please guys, am interested in opening a money market fund...... But I can't find Stanbic bank around here, so I was thinking if I should go for UBA..... Hope UBA is a good option?

Esyy:
Please guys, am interested in opening a money market fund...... But I can't find Stanbic bank around here, so I was thinking if I should go for UBA..... Hope UBA is a good option?

Psychodavidovic:


You can still use stanbic even without visiting their bank. Download the app, register with your BVN and you're gobod to go. Although, i think there is a limit which will be lifted when you visit the bank and perform the KYC stuff.

emmas2k570:


No, Please go for AXA Mansard or FBN Quest MMF. You can do any of those without getting to their office

Psychodavidovic:


You can still use stanbic even without visiting their bank. Download the app, register with your BVN and you're good to go. Although, i think there is a limit which will be lifted when you visit the bank and perform the KYC stuff.

ronalmagic10:
Nice job guys. Pls is it possible to open accounts with two different mutual funds? I'm about to open with AXA mansard right now based on several recommendations here and I'm also looking to open with either FBN or Stanbic

coolangel54:
Borrow or steal.

emmasoft:

It's not only Nepa bill that can be used. water or waste bill. Any utility bill that has the address you provided on the account opening form. However, if you don't have any, they use your bank statement which of course will have your address. The last resort could be you use the Nepa bill of any family member or friend where you can be identified.
NB: The address you provided on the account opening must be the same of any utility bill you are providing

Esyy:


What's the name of the app?

Desanta:

Stanbic ibtc.

Desanta:


True.
That's what I did and after my KYC was accepted, all limitations were removed.
I have never visited the bank and I have several millions of naira with them.

ImperialCovfefe:


Hi Desanta,

How did you submit your KYC documents without visiting a branch? I’m assuming you’re referring to the normal bank account and not the Mutual Funds. If yes, would you mind elaborating?

Thanks.

Desanta:

I sent an email to them stating my intentions.
In their reply they sent a list of forms, about 8 in number which I filled scanned and sent to them with my means of identification, Nepali bill, and pass port photography. Since then I've deposited 800k into my account and my last withdrawal this morning is 600k.

prestige2013:
Wow! Redemption now so sweet on Stanbic MMF, i got credited within 3hrs of redeeming.

Desanta:

I sent an email to them stating my intentions.
In their reply they sent a list of forms, about 8 in number which I filled scanned and sent to them with my means of identification, Nepali bill, and pass port photography. Since then I've deposited 800k into my account and my last withdrawal this morning is 600k.

Beeps:
In money market fund, will the accrued interest at the end of a month be added to start a new capital for the next month or the interest for the second month still be based on the starting capital?

megacontrol:
did you go to the bank for this or you did from the app?

dharpzee:


Hi, well I can suggest you try Meristem Mutual funds, and you can withdraw the said amount every 30days, with little or no penalty charge. you can reach me for more info 08178192374

galaxy15:


Pls I'm also new and looking to explore this opportunity. I'd lovely someone to put me through on how to go about it and answer the questions I'd be having. I'd appreciate if I could reach you via whatsapp for easy communications. Anybody willing to put me through.