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Product Description
This is a high interest yielding investment account that has a fixed amount over a tenor.

Target Market
  • Individuals
  • Corporate bodies
  • Partnerships
  • Trustees, Executors & Administrators
  • Associations, Societies & Clubs
  • Non- profit organizations & Religious Institutions
  • Government ministries and parastatals

Product Features
  • 7 Days notice before withdrawal.
  • Can be withdrawn at anytime after the initial 30days (subject to penalty as approved ).
  • It serves as security for credit facilities.
  • Minimum deposit of N100,000.00

Product Benefits
Competitive interest rate


Individual
  • Two passport Photographs.
  • Identification of the account holder in the form of a valid National ID Card, valid International passport or valid National Driving License.
  • Account opening forms duly completed.
  • Two duly completed signature cards.
  • Minimum account opening deposit (i.e. cash) as applicable.
  • Receipts/evidence of payment of water rates, electricity bills or telephone bills, for the preceding 3 months

Joint Deposit Account
  • Two Passport photographs of each of the account holders.
  • Identification of the account holders in the form of a valid National ID Card, valid International passport or valid National Driving License.
  • Account opening forms duly completed.
  • One duly completed signature cards.
  • Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months

Minor Accounts
  • Two passport photographs of both minor and operator (trustee).
  • Application to open and operate the account submitted by trustee.
  • Birth certificate of the minor.
  • Identification of the trustee in the form of a valid National ID Card, valid International passport or valid National Driving License.
  • Account opening forms duly completed.
  • One duly completed signature cards.
  • Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months.

Clubs, Societies or Other Associations
  • Two Passport photographs of each of the signatories.
  • Identification of the signatories in the form of a valid National ID Card, valid International passport or valid National Driving License.
  • Account opening forms duly completed.
  • One duly completed signature cards.
  • A certified copy of the Rules/Bye Laws/Constitution of the Club/Society/Association will be obtained and kept with the Account Opening Form.
  • A certified copy of the Resolution of the governing body of the Club/Society/Association appointing UnityBank Plc as its bankers and laying down the mode of operation of the account (i.e. by Chairman and Secretary or Chairman and one Committee member) will be obtained and filed with the Account Opening Form. 
  • A certified list of office bearers of the Club/Society/Association will be obtained and kept in the customers' mandate file.
  • Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months.

Corporate Account
  • The required documents for corporate accounts include the following:
  • Account Opening Form duly completed.
  • One specimen signature cards duly completed by each signatory to the account. (Signatories to sign these cards in the presence of an officer of the Bank).
  • Two independent and satisfactory references. This could either be internal (i.e. UnityBank customer) or from other Banks. The external customer must be adjudged suitable. On the other hand, internal reference must meet the following criteria: i. The account holder must not be a staff of the Bank. ii. The account must be a current account (corporate or individual) iii. The account must not be dormant. iv. The account must have complied fully with KYC (Know Your Customer) requirements.
  • Two (2) passports –size photographs of each signatory to the account, with their names written on the reverse.
  • All the signatories of the company must provide satisfactory evidence of Identity in the form of a valid National ID card, valid International passport or valid National Driving License (any of which must carry holder's photograph and signature).
  • Board Resolution on the company letter headed paper must be obtained.
  • A copy of Certificate of Incorporation (Original to be sighted). h) A copy of Memorandum and Articles of Association. (Original to be sighted).
  • A copy of Form C07 Particulars of Directors – certified by the Registrar of Companies within the preceding three (3) months (original to be sighted).
  • Authority to debit the account for search fees.

Partnership Account
  • The required documents for opening partnership accounts include the following:
  • Account opening form duly completed by all the partners.
  • One (1) specimen signature cards duly completed by the partners.
  • Two (2) reference forms duly completed by independent referees. Referees must not be spouses or relations of the partners.
  • Two (2) passport-size photographs of each partner with the name of each partner written on the reverse.
  • A residence permit (where applicable) original to be sighted.
  • Identification in the form of a valid National ID card, valid International passport or valid National Driving License (any of which must carry holder\'s photograph and signature).
  • Partners' receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months.
  • Certificate of Registration of the partnership.
  • Deed of Partnership as applicable.
  • Authority to debit account with search fees.

Clubs, Societies, Religious Organizations, NGOs:
  • Account opening form duly completed
  • One (1) specimen signature cards duly completed by each signatory.
  • Two (2) reference forms duly completed by independent referees. Referees for each of the Trustees must not be spouses or relations of the Trustees. This could either be internal (That is, an existing Bank customer) or from other Banks. The external customer must be adjudged suitable. On the other hand, internal reference must meet the following criteria: i. The account holder must not be a staff of the bank. ii. The account must be a current account (corporate or individual) iii. The account must not be dormant. iv. The account must have complied fully with KYC requirements.
  • Two (2) passport-size photographs of all the signatories with the names written on the reverse. 
  • Identification of each of the Principal Officers in the form of either a valid National ID Card , International passport or valid National Driving License (Showing the trustee\'s name, signature and photograph). 
  • Receipts/evidence of payment of water rates, electricity bills or telephone bills, for the preceding 3 months for all the Trustees. 
  • Written identification by an existing UnityBank Plc current account holder (preferably in the branch where the account will be operated if available) for Religious organization (Mosque). 
  • Certified True copies of Rules/Constitution of the Association (Bye Laws of the association)
  • Certificate of Registration of the Association
  • Authority to debit the account for Search Fees.

Trustee Account
  • Account opening form duly completed.
  • One (1) specimen signature cards duly completed by each signatory.
  • Two (2) reference forms duly completed by independent referees for the account holders. Referees for each of the Trustees must not be spouses or relations of the account holder.
  • Two (2) passport-size photographs of all the signatories to the account.
  • Residence permit (where applicable) original to be sighted.
  • Identification of each of the account holders in the form of a valid National ID Card, valid International passport or valid National Driving License.
  • Grant of probate, letter of administration, trusts deed (whichever is applicable).
  • Authority to debit the account for Search Fees