in AskYabacon Which is the best bank to have a corporate account in Nigeria? by Legit December 13, 2018, 12:11 pm 16 Comments Read LaterAdd to FavouritesAdd to CollectionReport Name* Email* Name* Email* 16 Comments Most Voted Newest Oldest Inline Feedbacks View all comments maline 5 months ago I would suggest you go with Access Bank, because the bank has an MSME scheme to support business. They have account for starters , growing and established businesses and the juice of the matter is ; you supported financially to move your business to the next level, depending on your business volume and monthly turnover. 0 Reply junior 5 months ago I have gone round the banks for an account to cater for the needs of a business starter and discovered that the best product is in ACCESS BANK PLC, they have a savings account for personal or business name with some features of current account and minimum balance of N5,000 with no turnover threshold. But if you want a current account for a corporate entity, then ask for MPOWER BIZ CLASSIC account. Minimum balance is N20,000, no monthly charge, no COT, and you get interest of 0.5% , with a turnover limit of N10,000,000. Any corporate beginner couldn’t ask for… Read more » 0 Reply David 5 months ago sterling bank… ask for ledger 96 account 0 Reply Emma 5 months ago Sterling bank is ok for you. You can open a sterling SUPA Account 0 Reply chioma 5 months ago Diamond bank is the best 0 Reply chidera 5 months ago I run a business account with FCMB, it’s awesome. Even if you don’t choose FCMB, I beg you never to think of choosing GTB. If you do, you are a goner! 0 Reply Engr udo 5 months ago Fidelity Bank is one of the best banks in Nigeria for business account. I have numbers of big companies running it. 0 Reply udochukwu 5 months ago If its not GTB then don’t open any account 0 Reply uchechukwu 5 months ago I operate zero balance with first bank. And the COT has been removed only account maintenance fee is being deducted monthly 0 Reply Chukwu 5 months ago Zenith bank all the way 0 Reply toya 5 months ago Sterling is the best, also consider FCMB 0 Reply ebube 5 months ago OP.. Few tips in choosing your preferred bank for your corporate account. 1. Know that opening a corporate account would require most of your CAC documents, a Tax Identification Number, probably your company seal with other requirements for opening a current account depending on the bank. 2. You would be charged for Search Report on the authenticity of the CAC documents presented to the bank. Bank charges varies. GTB charges N5,000. FCMB N4,000 I think. 3. There are a lot of current account variants that banks sell that comes with their terms and condition. Some offer you zero COT(Maintenance Fee)… Read more » 0 Reply chindi 5 months ago For your dear heart go and open your account in first bank but if you like to gamble with your life savings you can try the others. 0 Reply mbonu 5 months ago Op Skye bank is all what you need! In Skye bank they have variant of SBG Accts that suits your business irrespective of your level NO 1, They have SBG starter that comes with free chq book and cash monitoring book for your sales proceed free financial Advice Access to Internet banking, Notification of statement of acct by email monthly, Mobile Banking and POS with N1000 monthly charges But incase you don’t want to pay N1000 charges they have what they call Fee waiver by leaving just N100k in the acct true-out the month Also have N5m monthly turnover No… Read more » 0 Reply mark 5 months ago If you want a Business account or any other type of account SKYE BANK is the best. Pls visit any of the Skye bank nearest to you and you will be happy you did 0 Reply favour 5 months ago Na UBA…….. Any other bank nah just nonsense 1:opening Bal: like 7k because of search report & chq 2:maintenance : Very customer friendly 0.7% 3 :COT: 0% 4:Minimum Bal: 0 5:loan: 2 million naira monthly TOD(Temporary Over Draft) 6: UBA internet banking is the best. 100 million naira per day transfer limit for corporate accounts 0 Reply What do you think? 0 points Upvote Downvote Browse and manage your votes from your Member Profile Page See more Previous article Why is it that the Nigerian Army hasn't defeated Boko Haram yet? Next article What are the characteristics of the Nigerian economy?