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- Double Edge Savings Account
This is an hybrid account that allow customers enjoy the benefit of a savings account as well as the flexibility of a current account at no cost to the customer.
Target Market
Individuals, HNIs
Product Features and Benefits
- Combines features of savings and current account
- Non-clearing customized cheque
- Opening and minimum operating balance of N20,000 for individuals
- Cheque and dividend warrant lodgement allowed
- Attractive Interest rate
- Maximum of 3 withdrawals per month after which interest is forfeited
- Electronic banking facilities (internet banking, ATM, SMS alerts)
- Allows cash withdrawals by third Party at any Unity Bank branch nationwide (up to the tune 150,000)
- Account serves as collateral for borrowing
**MPR-Monetary Policy Rate