₦airaland Forum

adegokekemi:

If he/she refuse to do the proof of payment ...

Just go to the website and look for the PURCHASE ORDER FORM. (you can ask Acct officer to send to you)

Print, Fill, scan and send the form back to him/her or just send it directly to mutualfunds@...ibtc.com

You dont have to go to the Bank ever.

adegokekemi:
Firstly through mobile app ( ATM details) bt it gave a message to register for OTP and I tried to register bt it failed.
Secondly I used online quickteller but transferred me back to the ATM page again and gives the same message as above. Through that I got to know I suppose to register first with quickteller before using their service. I did that immeadiately and an email was sent for activation. After that I tried to TOP UP again bt it gave the same message. .. Just wondering Y.

OTP= one Time Pin
it is sent to the phone number you used to open the fund acct.

you need to check that phone and use the OTP next time.

no need to register with quickTeller.

change your password to numbers only..Yes!

NOW.. YOU CAN scan and/or send proof of transfer to your account officer.

ASk him about that. Its another option.

adegokekemi:
PLS I have not been able to Top Up through interswitch. Kindly explain more on that. Tks

after selectin the amount to add..

there are 2 options for the transfer.. Select one, then the other.. One must work..

NB: you need a good browser like UCbrowser or chrome to do it on your phone

let us know where exactly you are having issues..

thank you

NoQualms1:
Thanks for the reply. I used their mobile app and got the money within one working day.

Now thats a good testimony for future reference!

Thank you!

pafra:
I invested 3m in treasury bills for 182 days at 17%. The maturity date is Nov 4th.

What is the procedure for termination?
How much will be deducted from the said capital?

Urgent reply.

no money is "deducted" from your Capital.

the deduction is done on your Interest earned so far.

you have earned about 200k after 5 months..

If you terminate now, you will be charged ~5% on that 200k gained.

So 3m - 10k = 2.99m will be returned to you.

Therefore you still make ~190k overall.
NO CAPITAL LOSS

FOR TERMINATION:
go back to the officer who did the TBills for you and tell him you want to terminate.

Xlpacks:
Hello guys,
I've heard a lot about TB and Mutual Fund. There are some questions I would love to ask before I dive into any of the two.
1: which one pays more interest?
2: can I withdraw my money even before the maturity date? (Incase of emergency)
3: which one is more secure?
4: What's the minimum amount to be invested?
5: will the interest be paid directly into my bank account or will I need a new account for it?
6: which Bank offers the best rate?

1. TBills
2. Yes in both
3. TBills
4. TBills ~100k : Mfund ~5k
5. Yes ..directly same acct
6. Stanbic IBTC

Partnerbiz3:
What do you mean by compound daily?

Everyday interest is added to your total fund.

the next day, the previous day's total is used to calculate interest at the day's rate.

and so on..

please any further questions should be asked on the mutual funds thread.

Thank you

NoQualms1:
Hello, please I have urgent need for money and want take out part of my capital in Stanbic MMF. How do I go about it without going to the bank? Also, how long does it take to get the money in my account? I have the mobile app. Thanks.

Hi, sorry this might be a little late reply;

you can withhdraw by filling the REDEMPTION FORM, scan it and email it to the funds email.
(its in the emails they have been sending you)

NB: you must have filled the email authorization form while opening the account fro this to work

It takes upto 5 working days to receive the money back in your registered bank acct

thank you

natznext:
I don't even see how the present system is hindering the state administrators from doing what he said...

exactly!

whats stopping a state thats getting 180 billion yearly from estsblishing its own 2billion naira flourmill, for instance?

every state including Ekiti, with its supposedly low bugdet allocation of 98billion, can industrialse and build independence that will boost its economy.

Jolar101:
Nigeria is still living in the past, while Biafra are in the future and we are ready to create jobs for our Biafra citizens.

Just imagine what will happen if Nigeria gives the eastern states indepence on october 1...

Hunger will kill all of those there!

y?

Nigeria will double the cost of all the foods that they are buying from the North!

East is not Agriculturally independent yet.

there will be NO ports for Importation!if you route imports through another country, they will tax everything: higher prices!

y?

East running at Zero industrialisation!

My friend, there is now way you can just stand up and start demanding INDEPENDENCE without anything to fall back on. It doesnt make sence.

The Eastern region has to focus of organisation to proove they can be self sufficient before others can join in to ask for independence.

Jolar101:
Simply because Nigeria not getting theirs right, that doesn't mean Biafra won't get theirs right this time.
Nigeria is still living in the past, while Biafra are in the future and we are ready to create jobs for our Biafra citizens.

Why not have a foundation (like California State does) before making the move?

eastern region recieves over 600 Billion Nairas budgetary allocation from the F.Govt .. Why not convert most of that in to production first to proove what "Biafra" can do when independent?

its very simply: IPOB should show us what Biafra can do with resources before creating "another Nigeria" in History.

And listen; when the igbos do seek independence, that NAME BIAFRA should not be used. Check history books, the eastern region had a Name before NIGERIA was forced on them

fratermathy:
Nigerians should pray that this country doesn't split up. Because if it does and Dangote faces only the North, the economy of the splinter nations may be in shambles.

We should be more enterprising and have industries that rival Dangote's in order to avoid over dependence on him.

Dont mind IPOB members..

hunger will be used against them AGAIN!

instead of focusing on taking over governance in the east and industrialising the region till its self sufficient BEFORE moving for independence..

THEY ARE JUMPING TO Z before reading S (for sense)

smithyemy:
good morning my ever-reliable npower team.more grease 2 ur elbow.pls,help me,my sister have a problem while filling her BVN details while applying for NPOWER JOB;as a result,she could not write the test.it kept showing INVALID BVN.pls,i admitted it was all her fault.pls,help her so that she write b4 the deadline.her name is...!!!....thanks a million in advance 4 you ve help me before & i believe you will help me again.thanks!

ARE YOU A LEARNER?

with ll the EVANS and G-Boys in this country you are revealing name, BVN and phone ONLINE!

YOU BETTER EDIT THAT POST

tell your sister to wait for the NEXT round of employment rather than endanger her entire financial life FOREVER!!!

Magnetron:
!!

none

sgtponzihater1:
Am not slow to learn my brother. Salary job could be tiring at times.

Well thats true! Mine is too..you just need to have an exit plan to keep you motivated till you are ready to exit.

i didnt imply you are slow to learn bro..

..Just perhaps, you havent lost everything once, so dont value what you have YET.

fuckerstard:
100K to 150K per month is not bad, you just need to maintain your level.

Don't bite what you can't chew. Your wife should also support with whatever she makes except if she's gat nothing doing.

Great Signature!!!

sgtponzihater1 should. Read it till he gets the wisdom in it.

hi.. is it true that the NTax candidates have been selected?
if not, when will selection begin?
tnx

Emanex18:
Please Sir I need some enlightenment, the information from the internet about treasury bills is in conflict with those from nairaland. Hence I need answers from an experienced Person like you Sir. Please kindly explain what I stand to gain and how I get to gain if I should invest 100k in T-bills. Any one can comment provided you are speaking from Experience not from theory.
Thanks in anticipation.

OH REALLY?

This is great! keep it up!

sgtponzihater1:
Pls I need to know how to reinvest funds into stanbic MMF, the person I met at their branch was saying I have to raise a draft in favour of the fund every time. and I guess that'll will be too cumbersome. How do one reinvest through mobile banking?

if you opened the account already:
then just log into the online office..
click TOP UP ..
it will direct you to select amount to add and pay with your ATM card via interswitch.

if you havent opened the account:
remeber to tick "reinvest interest"
when filling the form.

TIP: fill ALL the forms..for your convinience in the future

Hahaha!
how things change!

people really survived the CRASH and moved on..

Life is AMAZING!

NEVER INVEST ALL YOUR SAVINGS IN ONE "risky" INVESTMENT MEDIUM.

ernie4life:
depends, the likes of stanbic, FBNH can be done at their respective banks but for ARM, investment one and co you can just log on to their website and fill the forms and make transfer that's all

Stanbic fund can be done online; Registration etc.. Transfer funds from any bank/atm/online system.

info at www.stanbicibtcassetmanagement.com/nigeriaassetmanagers/personal/Mutual-Funds/SIBTC-Money-Market-Fund

Wow! Wenger REALLY?!

sisisioge:


This Oga don marry him senior. Na only God go help am settle the matter. How e take dey attractive to that kind person sef? Olodo, lazy chic, rudey, liar and defiant...all in one chick! She's a legend meh

My last girl friend was/is worse.
she even got pregnant for another and asked me to marry her by force.. Hee hee hee!

Divay22:
It can only be once for me.... But with the cold feet, it will be more better if i didn't forgive at all. Once trust is broken it can never be whole again.

Cheaters never Quit

emmanuelewumi:
Put your official email address.

LOL!

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.

if thats how long you can afford to save the fund without need for it;

do it.. You can withdraw in 35days time

(remember the rates are per year).

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

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

olusola23:
Thanks for your effort, I wanted to know if one agree to the rollover package I.e beyond a month can one access the gain yielded? Collect the gain and still continue with the capital

you can withdraw some or all of your money (capital plus or minus interest..or interest only)

its written in the form/faq

sgtponzihater1:
FBN quest has poor customer service. I withdrew all my funds and asked them to close my account out of anger. I just hope things have changed now.

it hasnt changed!

i wanted to do mfund there in july..

they couldnt set it up till i simply
walked into ibtc asset management and opened an account same day in August! Ibtc funded my mfund account same day too..

FBN..sigh...too bad...smh

LeeCodeman:
[color=#007700]I need your advice: I recently got to know about these safe investments and I'm excited at what can become of them if you add to them regularly and then use the power of compound interest. Here is my question : I have a new born that is not yet a year old. I would like to start him up on one of these investments, TB, Mutual funds or bonds. Which one should I go for? [/color]

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.