Corporate Current Account

This is a conventional current account being operated not considering of your size and cash flow streams. With Obosi MFB Corporate Current Account, you just get it all. You can carry out unlimited 3rd party transactions effortlessly and enjoy the inherent benefits.This is ideal for the following:

• Small and Medium Scale Businesses
• Limited Liability Companies
• Clubs and societies
• Government Agencies
• Church Accounts and many more

Features and benefits

• Minimum opening balance of N3,000
• No minimum operating balance (account can be operated at zero balance).
• No limit to number of withdrawals in a month.
• Can be used to access loans and overdraft
• Attracts Account Maintenance Fee and other charges
• Access for any of the numerous bank's products.
• Funds transfer and bank cheques/drafts allowed on account.
• Yes, an sms alert /transaction notification will be sent to your registered phone number immediately your transaction is processed

Requirements

• Duly completed application form.
• Duly completed Specimen Signature card.
• Two recent passport-size photographs and CAC document for verification.
• Address verification document e.g Utility Bill.
• A valid means of ID (national ID, driver's license, voter's card or international passport).
• Two (2) references from current account holders

Education Saving

This is an account for all school pupils from Nursery – Primary and students in secondary schools and higher institutions.

Features and Benefits

• Minimum opening balance of N 500.00
• It helps to meet the educational needs of children and wards in the nursery, primary, secondary and territory institutions
• Assist parents and guardians in planning for their wards education with ease.
• Meeting wards educational need with ease.
• Account is opened with ease.
• Loan is obtained with ease.
• Interest is paid on the account balance monthly.
• Payment transfers to your wards anywhere in the country and SMS alert on each transaction.
• Do a continuous daily and weekly savings into account.
• Interest of 1% will be paid on the savings monthly.
• You can withdraw from the account.
• Third party could be sent to deposit and make withdrawal from account.
• Yes, an sms alert /transaction notification will be sent to your registered phone number immediately your transaction is processed

Requirements

• Duly completed Signature form
• Two recent passport-size photographs
• Current utility bill
• A valid means of ID (national ID, driver's license, voter's card or international passport)

Salary/Pension Earners Loan

This product is designed for salary/pension earners whose salaries/pensions are domiciled with the bank. The beauty of this product is that civil servants/pensioners can access the bank’s loan whether or not they operate current accounts.

Features / Benefits

• Can be used to access loans and overdraft

Requirement

• Duly completed Account Opening Form
• Duly completed KYC (Know Your Customer) form
• Two recent passport photographs
• Photocopy of a valid identity card – National ID, Driver’s License or International Passport.