Savings Product
.......My Future is Bright
At AMfB, we offer a variety of Savings account products to help save and manage your money better.
Brighta Saver
The AMfB ‘Brighta Saver’ account is a savings account which makes it easy for you to manage your finances by helping you save while also granting you immediate access to your money. It is a hybrid account that combines the benefits of a savings account with the convenience of a current account to facilitate personal and third party withdrawals.
Benefits
- Zero account opening balance
- Safety and security of funds
- Earn savings account interest at competitive rates
- Convenient-Customised cheque book facilitates third party withdrawals
- No notice required to withdraw funds
- Access to loan products
What are the features of the account?
- Minimum deposit of N1,000 to activate account
- Minimum interest earning amount– N5,000
- Interest payable if no more than 4 withdrawals a month
- Attracts monthly maintenance fee of N100
- Customised cheque book that allows for third party withdrawals-cheques are NOT valid for clearing
- Allows for deposit of dividend warrants and cheque lodgements
How do I apply?
- Complete the AMfB savings account opening form which you may pick up from our deposit mobilisation officers or pick up from any of our branches
- Submit your application plus all supporting documents to the customer service officer in your branch
What Documents do I need?
- Specimen signature card(s)
- Identification documents such as
- Valid Nigeria driver’s licence
- National ID card
- International Passport
- Employer issued ID Card
- 2 Pass port size photographs
- 2 referees
Brighta Future
The AMfB ‘Brighta Future’ account is a savings account for those who have a lump sum to save or who want to build up their savings day by day for unexpected expenses or special purchases (Car, investment, education). With the Brighta Future account, your money keeps on growing.
Benefits
- Low account opening balance
- Safety and security of funds
- Competitive interest rates
- Free internal standing order. Existing AMfB customers can place a standing order for a certain amount to be transferred to their Brighta future account monthly.
- Access to ‘My Own or My Own Too’ loan facility up to twice the savings balance*
- On account opening, each beneficiary is given an AMfB branded deposit booklet, ID Card and an AMfB branded gift
- Maintenance of a minimum daily balance of N20,000 over a 30 day period attracts waiver of the monthly maintenance fee for that period
- 1% interest above prevailing rate if no withdrawals for a year
What are the features of the account?
- Low opening balance of N1,000
- Minimum monthly savings contribution of N1,000
- Minimum balance earning interest of N6,000
- Monthly account maintenance fee of N100
- Maximum of 2 withdrawals a month
How do I apply?
- Complete the AMfB savings account opening form which you may pick up from our deposit mobilisation officers or pick up from any of our branches
- Submit your application plus all supporting documents to the customer service officer in your branch
What Documents do I need?
- Specimen signature card(s)
- Identification documents such as
- Valid Nigeria driver’s licence
- National ID card
- International Passport
- Employer issued ID Card
- 2 Pass port size photographs
*subject to satisfaction of eligibility criteria
Brighta Togeda
The AMfB ‘Brighta Togeda’ account is a savings account with current account features for accumulating and channelling funds of registered groups, associations and cooperatives.
Benefits
- Low account opening balance
- Safety and security of funds
- Competitive interest rates
- Access to ‘Our Own’ loan facility*
- Maintenance of a minimum daily balance of N20,000 over a 30 day period attracts waiver of the monthly maintenance fee for that period
What are the features of the account?
- Minimum account opening balance of N1,000
- Minimum monthly saving contribution of N1,000
- Minimum balance earning interest of N15,000
- Monthly account maintenance fee of N100
How do I apply?
- Complete the AMfB savings account opening form which you may pick up from our deposit mobilisation officers or pick up from any of our branches
- Submit your application plus all supporting documents to the customer service officer in your branch
What Documents do I need?
- Specimen signature card(s)of signatories to the account
- Identification documents for each member of the group such as
- Valid Nigeria driver’s licence
- National ID card
- International Passport
- Employer issued ID Card
- 2 Pass port size photographs of each member
- 2 Referees
- Extract of meeting in which it was decided that the group open an account with AMfB
- Group registration documents (where available)
*subject to satisfaction of eligibility criteria
Brighta Account
The AMfB ‘Brighta Account’ is a basic current account that is easy to understand and simple to manage. It provides a convenient and flexible medium for personal and business transactions for those who require only a few basic transactions per month
Benefits
- Low account opening balance
- Safety and security of funds
- Free internal standing order
- Access to ‘My Own or My Own Too’ loan facility*
- Facilitates easy payment of bills
What are the features of the account?
- Minimum account opening balance of N1,000
- Monthly account maintenance fee of N100
How do I apply?
- Complete the AMfB current account opening form which you may pick up from our deposit mobilisation officers or pick up from any of our branches
- Submit your application plus all supporting documents to the customer service officer in your branch
What Documents do I need?
- Specimen signature card(s)
- Identification documents such as
- Valid Nigeria driver’s licence
- National ID card
- International Passport
- Employer issued ID Card
- 2 Pass port size photographs
- 2 Referees
*subject to satisfaction of eligibility criteria