Banking

Various types of First Bank Accounts and ATM cards You need to know

First Bank of Nigeria offers various types of accounts to cater to the diverse needs of its customers. Some of the account types offered by First Bank of Nigeria are:

  1. Savings Account: This account is designed to encourage individuals to save their money and earn interest on their savings.
  2. Current Account: This account is suitable for individuals, businesses, and organizations that require frequent transactions and easy access to their funds.
  3. Domiciliary Account: This account allows customers to hold foreign currency in their accounts and make transactions in foreign currencies.
  4. Fixed Deposit Account: This account offers customers the opportunity to earn higher interest rates by depositing their money for a fixed period of time.
  5. Salary Account: This account is designed for employees to receive their salaries and other benefits.
  6. FirstInstant Account: This account is a zero-balance account that allows customers to perform basic banking transactions.
  7. KidsFirst Account: This account is designed for children under the age of 18 to encourage a savings culture and financial literacy.

These are some of the account types offered by First Bank of Nigeria. The specific features and requirements of each account may vary, so it is advisable to visit the bank or check their website for more information.

First Bank of Nigeria offers SME (Small and Medium Enterprises) accounts to support and cater to the needs of small and medium-sized businesses. These accounts are designed to provide customized solutions to the financial challenges faced by SMEs.

SME account

Some of the SME account options available at First Bank of Nigeria are:

  1. FirstCurrent SME Account: This account is designed for businesses that require a current account with flexible transaction options.
  2. FirstSME Savings Account: This account is ideal for small businesses that need to save their funds and earn interest on their savings.
  3. FirstTrade SME Account: This account is designed for businesses involved in international trade and allows customers to make transactions in foreign currencies.
  4. FirstEdu SME Account: This account is designed for educational institutions and allows them to manage their finances more efficiently.
  5. FirstGem SME Account: This account is exclusively designed for female entrepreneurs and provides them with access to financial support and mentorship.

The specific features and requirements of each SME account option may vary, so it is advisable to visit the bank or check their website for more information.

Diaspora Accounts

First Bank of Nigeria also offers Diaspora accounts for Nigerians living abroad. These accounts are designed to provide convenient banking solutions to Nigerians living in different parts of the world.

Some of the Diaspora account options available at First Bank of Nigeria are:

  1. Diaspora Current Account: This account is designed for Nigerians living abroad who require a current account with flexible transaction options.
  2. Diaspora Savings Account: This account is ideal for Nigerians living abroad who need to save their funds and earn interest on their savings.
  3. Diaspora Fixed Deposit Account: This account allows customers to deposit their money for a fixed period of time and earn higher interest rates.
  4. Diaspora Domiciliary Account: This account allows customers to hold foreign currency in their accounts and make transactions in foreign currencies.

The specific features and requirements of each Diaspora account option may vary, so it is advisable to visit the bank or check their website for more information. Additionally, the bank may require some documentation such as proof of identity, proof of address, and other relevant documents before opening a Diaspora account.

Click this official first bank link to access various accounts: 

https://www.firstbanknigeria.com/personal/accounts/

ATM Cards

First Bank of Nigeria offers a variety of cards to its customers, providing them with convenient and secure payment options. These cards include:

  1. Debit Cards: First Bank’s debit cards are linked to a customer’s savings or current account and allow them to make purchases, pay bills, and withdraw cash from ATMs.
  2. Credit Cards: First Bank’s credit cards offer customers the ability to make purchases both locally and internationally, pay bills, and access cash advances.
  3. Prepaid Cards: First Bank’s prepaid cards allow customers to load funds onto the card and use it for purchases and cash withdrawals.
  4. Gift Cards: First Bank’s gift cards are prepaid cards that can be loaded with a specific amount of funds and given as gifts to family and friends.
  5. Loyalty Cards: First Bank’s loyalty cards provide customers with rewards and incentives for using their First Bank accounts and cards.

The specific features and requirements of each card may vary, so it is advisable to visit the bank or check their website for more information. Additionally, the bank may require some documentation and credit checks before approving a card application.

Click this official first bank link to access various cards

https://www.firstbanknigeria.com/personal/cards/

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