Platinum World Account (PWA)
About
Platinum World Account is a current hybrid account specifically tailored for cooperate accounts. PWA offers free COT and yields interest if the prescribed minimum balance is maintained.
Variants & Benefits
- Minimum Balance of D50,000:
- Benefit: No COT
- Minimum Balance of D150,000:
- Benefit: No COT +1% interest
- Minimum Balance of D300,000:
- Benefit: No COT +1% interest + 1 free chequebook per quarter
Investment Banking
Features
- Time/Fixed Deposits
- Call Deposits
- Treasury Bills
Required Documentations
- Completion of account opening form
- ID cards/ Int. Passport copies
- Passport size photograph
- Business Registration
- Certificate of Incorporation
- Memorandum & Article of Association
- Partnership Deed
- Reference
- Completion of KYC form
Fixed Deposit Account
Features
- Minimum balance D10,000
- Fixed investment periods of 3months, 6months, 9months & 12 months respectively
- Fixed interest rate for the investment period
- Rollover option
Benefits
- Competitive annual interest rates
- Interest applied remains unchanged for the investment period
- Access to overdraft facilities; Funds can be used as security for credits
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