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Public Sector Banking

Public Sector Banking

Our Public-sector group provides financial services to

Our Public-sector group provides financial services to Federal, State and Local Governments nationwide as well as Federal and State Agencies. Our cutting-edge IT solutions also serve a broad spectrum of Federal Tertiary Institutions, Teaching Hospitals, Judiciary and the Legislature. Our Service PromiseWe support, guide and grow businesses by providing the necessary financial solutions for growth, while keeping in focus the business' need for profitability and efficient liquidity management.

Products and Services Include
  • Agribusiness
  • Coporate Current Account
  • Dom Extra Account
  • Active Collect
Commercial Banking

Commercial Banking

The Commercial Banking Division provides specialised

The Commercial Banking Division provides specialised financial services to small businesses and multinationals to support operations in developing and developed markets. From creating access to a wide range of capital financing to the ease of mobile banking, we provide the resources that cater to the customer bridge between the Retail and Corporate ends of the market.Our Service PromiseWe support, guide and grow customers by providing the necessary financial solutions for sustainable growth, investment, profitability and liquidity management. Sector Focus

Sector Focus
  • General Commerce (Trading).
  • Industrial and Agro Allied chemicals.
  • Telecommunications.
  • Manufacturing.
  • Downstream Oil and Gas Trading.
  • Hospitality.
  • Building & Construction.
Products and Services Include

Active Collect

Coporate Current Account


Savings Account Xtra

Savings Account Xtra is a savings account that functions like a current account. The product is designed for Individuals, Businesses, Clubs & Associations, Religious organizations, Cooperatives and NGOs. Find below features & benefits:

Features

  • Opening balance of ₦5,000 individuals, ₦10,000 for businesses.
  • Minimum balance of ₦5,000 individuals, ₦10,000 for businesses.
  • Interest rate on 4.2% per annum. (Terms and conditions apply)
  • Zero maintenance fee.
  • Issuance of Verve, VISA and MasterCard debit cards
  • Issuance of non-clearing cheque booklets.
  • Clearing cheques & dividend warrants lodgment into account.
  • Third party withdrawals using non-clearing cheque books.
  • Access to E banking products - Cards, USSD, Mobile banking & Internet banking.

Requirements

IndividualMicro, Small and Medium Enterprises and traderCorporate
Duly filled and signed account opening form Duly filled and signed account opening formDuly filled and signed account opening form
Valid means of identificationCertificate of RegistrationDocumentary evidence of address for the company
Dud Cheque Pledge FormForm of application for registration of business name2 references (corporate entities only)
1 ReferenceDocumentary evidence of address for the business2 Passport photograph
Utility Bill2 confirmed referencesValid means of identification of each signatory
BVN from customer,Passport photograph of each signatoryResidence Permit (where applicable)
Visitation report and KYC formMandate cardCertificate of Incorporation / Business Registration
Passport photograph of the signatoryCopy of Valid means of identification of the signatory Forms CO7 and CO2
Mandate cardLetter of IntroductionMemorandum and Article of Association
Copy of valid ID of the signatoryTax Identification NumberBoard resolution
Mandate cardLetter of IntroductionMemorandum and Article of Association
₦50 Postage stampDud Cheque Pledge FormSearch report
BVN from customerTax Identification Number
Visitation report & KYC formStamp Duty(sign across the stamp)
₦50 Postage stampDud Cheque Pledge Form
BVN from signatories,
Visitation Report & KYC form SCUML (DNFBPs only)
₦50 Postage stamp

QUICK SAVE ACCOUNT

This is a savings account specifically designed for customers with minimal documentation. The account is aimed at providing financial services to the unbanked and underbanked segment.

Features

  • No opening balance.
  • Interest rate of 4.2% per annum (terms and conditions applies).
  • No monthly maintenance fee.
  • Access to e-banking products – Debit cards and USSD.
  • Maximum single deposit of ₦50,000.
  • Maximum cumulative balance of ₦300,000.
  • Account available to Nigerians only.

Requirements

  • Duly completed account opening form.
  • One Passport photograph.
  • Bank Verification Number (BVN) from customer.

QUICK SAVE PLUS ACCOUNT

This serves as a higher variant of the Quick Save account, targeted at financially excluded persons. The customer is, however, required to provide a valid form of identification.

Features

  • No opening balance.
  • Interest rate of 4.2% per annum (terms and conditions applies).
  • No monthly maintenance fee.
  • Access to e-banking products – Debit cards and USSD.
  • Maximum single deposit of ₦100,000.
  • Maximum cumulative balance of ₦500,000.
  • Account available to Nigerians only.

Requirements

  • Duly completed account opening form.
  • One Passport photograph.
  • Bank Verification Number (BVN) from customer.

GROWBIZ ACCOUNT

GrowBiz account is designed to meet the needs of SMEs (Small Medium Enterprises) i.e. Sole Proprietors, Professional Firms, Schools, Religious Bodies, NGOs, Limited Liability Companies etc. The product is available in two variants - GrowBiz Gold Account with minimum balance and GrowBiz Classic Account without minimum balance

Features

  • Opening and minimum operating balance of ₦50,000 for Individuals, ₦100,000 for Businesses and ₦250,000 for Corporates.
  • Zero fixed opening and minimum operating balance required.
  • No fixed monthly maintenance fee.
  • Fixed monthly maintenance fee of ₦1,700 for Individuals, ₦2,500 for Businesses and Corporates.
  • Issuance of cheque booklets Access to credit facilities (terms and conditions applies).
  • Issuance of cheque booklets Access to credit facilities (terms and conditions applies
  • No restriction to number of withdrawals.
  • No maximum turnover on account.

Have any transactions you would like to complete in the motherland? Please call our Contact Centre on +234 700 200 3000 to open a NIDA today.

PAYTIME ACCOUNTS

Paytime Account is an account designed for salary earners. It comes in Current and Savings account variants to provide financial and lifestyle needs, supported by an outstanding customer service team.

Features:

  • No opening and operating balance.
  • Clearing cheque book for Paytime Current account.
  • Current account maintenance fee of N1 for every N1,000 debit transaction for Paytime current..
  • Easy access to consumer finance facility (Terms and conditions Apply).
  • Lodgment of third-party cheques and dividend warrants into account.
  • Interest rate of 4.2% per annum on Paytime Savings account (Terms and conditions Apply).
  • Access to e-banking services e.g. Mobile Banking and Internet Banking on request.
  • No limit to number of withdrawals.

Requirements

  • Duly filled and signed account opening form.
  • Valid means of identification.
  • Current account maintenance fee of ₦1 for every ₦1,000 debit transaction.
  • Documentary evidence of address.
  • 2 references.
  • BVN of Parents/Guardians.
  • Visitation report and KYC form.
  • Passport photograph of Child/Ward and Parents/Guardians.
  • Mandate card.
  • Copy of valid ID of the signatory.
  • Dud Cheque Pledge Form.
  • ₦50 Postage stamp.

Have any transactions you would like to complete in the motherland? Please call our Contact Centre on +234 700 200 3000 to open a NIDA today.

NIGERIANS IN THE DIASPORA ACCOUNT (NIDA)

Keystone Bank provides the trusted keys to connect with your homeland through the Keystone Nigerians in the Diaspora Account (NIDA). For the first time in Nigeria, you can open and transact with an easy-to-use, seamless bank account from anywhere in the world. All correspondence is done online for your convenience. It comes in Current and Savings account variants.

REQUIREMENTS

> Duly filled and signed account opening form.

> Notarized or sighted copy of proof of Identification (Scanned Data Page of Nigerian International Passport, NIN/NIMC Card, INEC Voter’s card or Driver’s License).

> Notarized copy of proof of address (Scanned copy of Utility Bill, Rent Receipt, Credit Card Bill, Driver’s License, Bank Statement or Residence Permit).

> Scanned Passport Photograph.

> Scanned Signature .

> Two completed reference form from Nigerian banks (For Current account only).

Have any transactions you would like to complete in the motherland? Please call our Contact Centre on +234 700 200 3000 to open a NIDA today.

FEATURES

  • Account can be denominated in Dollars, Pounds or Euros.
  • Minimum operating balance of 1,000 USD, GBP or EUR.
  • Issuance of personalized non-clearing cheques
  • Competitive interest rates.
  • Cash & wire transfers to and from the account (Terms & Conditions Apply)
  • Access to Keystone Bank debit/credit card.
  • Access to safe and secure E-Banking services & Channels - Mobile Banking, Internet Banking for international and local funds transfer.
  • Zero transfer charge.
  • Telex charge of $25 or its equivalent in pounds or euro.
  • VAT 5%.

REQUIREMENTS

  1. Duly filled and signed account opening form.Documentary evidence of address for the company e.g utility bill.
  2. 2 references (corporate entities only).2 Passport photographs.
  3. Valid means of identification of each signatory.Residence Permit (where applicable).
  4. Certificate of Incorporation / Business Registration.
  5. Forms CO7 and CO2.
  6. Memorandum and Article of Association.Board resolution.
  7. Tax Identification Number.Stamp Duty(sign across the stamp).
  8. Dud Cheque Pledge Form.
  9. BVN from signatories.Visitation Report & KYC form.
  10. SCUML (DNFBPs only).
  11. ₦50 Postage stamp.

Have any transactions you would like to complete in the motherland? Please call our Contact Centre on +234 700 200 3000 to open a NIDA today.