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How To Open Access Bank Account Online

How To Open Access Bank Account Online

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It is now very easy to open an account with Access Bank in Nigeria on phone without internet connectivity. All you have to do is to simply dial * 901 # USSD code on any phone type. The newly launched * 901 # USSD code does not only gives access to opening a new bank account on the go, but it also allows all customers to pay bills, buy airtime, transfer funds and lots more from any kind of phone.

HOW TO OPEN ACCESS BANK ACCOUNT ONLINE

  • Simply dial * 901 * 0 # from your phone and follow the on-screen prompts
  • Type in your First Name as requested and then Tap “SEND.”
  • Type in your Last name as required and then also Tap “SEND” again
  • Your account number will then be automatically created and sent to your mobile phone via SMS.

Benefits Of Making Use Of Your Phone For Access Bank Online Registration

  • You can open an account from anywhere without visiting any branch of the bank
  • This service does not require filling of forms.
  • There is no minimum opening balance required.

Still On How To Open An Access Bank Account Online With Your Mobile Phone

  • How To Open Instant Savings Account With Access Bank

In line with modern trends in banking and also in order to tap into the penetration of the Nigerian society by the internet, Access Bank Plc has created a platform for those who are interested in opening an account with the bank to so online without having to visit any of the branches of the bank.

  • Instant Savings Account

The instant savings account of Access Bank Plc s a hassle-free account that can be easily be opened with just a passport photograph. There are two types of instant savings account being run by Access bank and both are slightly different.

How To Open Access Bank Account Online Registration
  • Features And Benefits Of The Instant Savings Account

Instant Savings 1

  • No minimum opening balance is required
  • Account details can be uploaded via the contact center, branch or website of the bank
  • Issuance of Verve cards only
  • Interest rate of 4.2% p.a. per annum on the account
  • Maximum single deposit of #50,000 on the account
  • The maximum cumulative balance of #300,000 on the account
  • Transactions on this account type are limited to Nigeria only

Instant Savings 2

  • No minimum account opening balance
  • Account details can be uploaded via the contact center, branch or website of the bank
  • Issuance of Verve cards only
  • Interest rate of 4.2% p.a. per annum on funds saved in the account
  • Maximum single deposit on this account is #100,000
  • Maximum cumulative balance on this account is #500,000
  • Transactions on this account are limited to Nigeria only

Benefits To The Customer

  • Convenient and also flexible account opening requirements.
  • The account can be opened via the contact center, website or in a branch of the bank
  • The account allows the account holder to be financially included
  • There is no monthly maintenance charge on the account
  • There is the provision of account information updates via SMS/Email alerts
  • Provision of access to cash anytime, anywhere with debit cards on ATMs
  • The Use of Verve debit cards on POS terminals

Requirements For Opening Instant Savings Account

Instant Savings 1

  • Duly completed account opening form including the signature mandate section
  • 1 passport sized photograph
  • Means of identification is not required
  • Address verification is not required
  • BVN of signatory(is)
  • AML risk assessment
  • Customer data verification is not required

Instant Savings 2

  • Duly completed account opening form including the signature mandate section
  • 1 passport sized photograph
  • Means of identification is required. Secondary ID is allowed, any verifiable ID such as Association ID, student ID etc.
  • KYC Documentation of the customer is required.
  • Valid proof of residence
  • Visitation report
  • BVN of signatory(is)
  • AML risk assessment
  • Customer data is to be verified with NIMC, INEC, FRSC, and others where applicable.

About Access Bank

Access Bank Plc, popularly known as Access Bank, is a Nigerian multinational commercial bank that is owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator to operate in the banking industry of Nigeria. The bank is originally a corporate bank but the organization acquired personal and also business banking platforms from Nigeria’s International Commercial bank in the year 2012. Access Bank as of now is one of the five largest banks in Nigeria in terms of assets, loans, deposits and also branch network.

  • Locations

The headquarters of Access Bank Plc is located in the city of Lagos, the economic capital of Nigeria.

  • Overview

Access Bank Plc is well known as a large financial services provider. As of the month of December 2015, the bank had an asset base in excess of US$12.2 billion (NGN:2.412 trillion), while shareholders’ equity stood at approximately US$1.86 billion (NGN:367.8 billion).[3] (Note that US$1.00 = NG#305 on the 15th of January 2017.)

  • Access Bank Group

As of the month of December year 2015, Access Bank plc had subsidiaries in eight Sub-Saharan African countries and the United Kingdom.

History Of Access Bank

The bank got its license from the Central Bank of Nigeria in the year 1989 and was listed on the Nigerian Stock Exchange in the year 1998.

In the year 2002, Access Bank was taken over by a core of new management that was led by Aigboje Aig-Imoukhuede and Herbert Wigwe.

In the year 2005, Access Bank acquired both Marina Bank and Capital Bank, formerly known as commercial bank Crédit Lyonnais Nigeria by the merger.

In the year 2007, Access Bank established a subsidiary in Banjul, the capital city of The Gambia. This bank in Banjul now has a head office and four branches, while the bank has pledged to open another four branches in the country.

In the year 2008, Access Bank was able to acquire88% of the shares of Omnifinance Bank, which was established in the year 1996. Access bank also acquired 90% of Banque Privée du Congo, which was established by South African investors in the year 2002. Access Bank also acquired 75% of the shares of Bancor SA, in Rwanda. Bancor was established in the 1995 and reorganized in the year 2001. In the month of September, the year 2008 also, Access Bank opened a subsidiary in Freetown, the capital of Sierra Leone, and later in October of the same year, the bank opened subsidiaries in Lusaka, Zambia and also in London, United Kingdom.

In the year 2008 also, Finbank (Burundi) joined the Access Bank network but pulled out of the group in the year 2014.

In the year 2011, Access Bank was in talks with the Central Bank of Nigeria, the regulatory body of the banking sector in Nigeria to acquire Intercontinental Bank Plc.

Intercontinental Bank then became a subsidiary of Access Bank Plc, which recapitalized the former and also acquired a 75% majority interest in its stock.

The combined effect of the restoration of Net Asset Value (NAV) to zero by AMCON and also the N50billion capital injection by Access Bank Plc is that Intercontinental Bank now operated as a well-capitalized bank, with shareholders funds of N50billion and also a Capital Adequacy Ratio (CAR) of 24%, that is well above the 10% regulatory threshold.

In the month of January 2012, Access Bank then announced the conclusion of its acquisition of the former Intercontinental Bank, creating an expanded Access Bank which is now one of the largest four commercial banks in Nigeria with well over 5.7 million customers, 309 branches and over 1,600 Automated Teller Machines (ATMs) spread all over the country.

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Conclusion On How To Open Access Bank Account Online In Nigeria

All the information about opening an account online with Access bank has been supplied in this article.

Tag: How To Open Access Bank Account Online In Nigeria, With Access Bank Online Registration

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