SAF Sterling Business Account

Trust Account

The Sterling Alternative Trust Account is specifically designed for customers that desire to save incrementally towards a targeted purpose eg children’s education, endowments etc.

Features

  • Minimum deposit of N20,000.00 with subsequent monthly contributions in multiples of N5,000.00
  • Minimum tenor of 1 year
  • Opportunity to earn returns in a manner compliant with non-interest banking principles
  • No penalties for early termination
  • Multiple investments is permissible and they can run concurrently
  • Contributions can be made through standing order instructions, post-dated cheques, cash deposits or e-transfers
  • Accounts can be opened in children’s names


Requirements
  • Completed investment form
  • Available to SAF transactional (Current, Savings or Kia-kia) account holders