CURRENT ACCOUNTS

Cedar Individual Current Account
Cedar Corporate Current Account
Cedar Investment Prestige Account

Cedar Individual Current Account

This is non-interest bearing checking account, and is designed to provide customers with convenient access to their funds through issuing cheques.

 

Features

  • No minimum operating balance
  • Opening balance of ₦5,000
  • Statements of account are provided at regular intervals or on request

Benefits

  • Personalized service through dedicated relationship management
  • Bulk payments solutions for salary transfers, suppliers, etc.
  • Access to cheque books
  • Free monthly statements
  • Access to loans on application

Minimum Requirements

  • Valid ID Card (Drivers License, Voters Card, National ID Card or International Passport)
  • Utility Bill
  • Two Passport sized photographs
  • Account Opening Deposit

Cedar Corporate Current Account

This is non-interest bearing checking account, and is designed to provide coporate customers (Business Owners) with convenient access to their funds through issuing cheques.

 

Features

  • No minimum operating balance
  • Opening balance of ₦10,000
  • Statements of account are provided at regular intervals or on request

Benefits

  • Personalized service through dedicated relationship management
  • Bulk payments solutions for salary transfers, suppliers, etc.
  • Access to cheque books
  • Free monthly statements
  • Access to loans on application

Minimum Requirements

  • Valid ID Card (Drivers License, Voters Card, National ID Card or International Passport)
  • Utility Bill
  • Two Passport sized photographs
  • Account Opening Deposit
  • Certificate of Registration

Cedar Investment Prestige Account
This offer is designed to provide alternative investment window to our esteemed high net worth customers, corporate or individual as well as investment partners.

 

Features

  • No account opening is required
  • Principal investment of not less than ₦500,000 at a prevailing treasury investment rate
  • Issuance of investment certificate
  • Investment of 1 (one) year tenor Interest and principal repayable upon maturity except otherwise stated

Benefits

  • Access to financial and business advisory services
  • Zero COT
  • Access to private banking
  • Dedicated account officer
  • Safe and guaranteed investment yield
  • Attractive interest rate