Access Bank Diaspora Savings Account

Access Bank provides a Diaspora Savings Account, enabling individuals working abroad to manage their finances remotely. The account requires a minimum opening balance of N1,000 and maintains no monthly fees. It offers an annual interest rate of 6.90%, paid monthly, and supports direct debits and standing orders. A Visa Debit Card and mobile banking access are available. However, interest is forfeited after four withdrawals in a month.

To open the account, applicants must submit a completed form, passport photo, and proof of identity, such as a Nigerian passport or driver's license. They also need to provide proof of residential address and execute an indemnity form. Joint accounts require a notarized marriage certificate. Additional documents include BVN, TIN, and FATCA forms for U.S. residents. The account is subject to AML risk assessments and compliance requirements.