Polaris Community Savings Account

This is targeted at unregistered entities i.e Unregistered Businesses, Associations, Cooperatives, Clubs, Charities, Churches Prayer Group, Mosques Association, Estates (Residential) and other Not-for-profit Organizations not registered with Corporate Affairs Commision (CAC).

 

Features & Benefits
  • Minimum opening and operating balance of N10,000
  • Availability of Non-Clearing cheque book on request
  • Interest paid at standard savings interest rate
  • No limit on withdrawals. (Interest is forfeited after the 3rd withdrawal)
  • Access to Internet Banking
  • Clearing cheques not allowed on this account

*Terms and conditions apply

Account Opening Documentation
  • Duly completed account opening form
  • Two recent identical passport photographs of each signatory
  • Means of identification of each signatory (Valid International Passport, Valid driver's license, National ID. Card, Voter's Card)
  • Copy of the constitution
  • Certificate of Registration with Local Government.
  • Copy of recently adopted minutes of meeting
  • Current utility bill (PHCN, Water bill, Waste disposal bill, tenement etc).
  • BVN details required

Download PolarisXperience or PolarisMobile from the App Stores.


Our relationship with you goes beyond banking.