How to Open a GTMax Account Online
Simply download and fill our simple Online Account Opening Form.
Requirement for Individuals
- 1 Passport photograph of authorized signatories.
- Copies of acceptable means of identification (Driver’s License, International passport, National I.D Card, and any other acceptable identification document deemed fit by the Bank).
- Two (2) duly completed and suitable reference forms.
- Copy of utility bill issued within the last three months
For Small Business and Limited Liabilities Companies
- 1 Passport photograph of authorized signatories.
- Copies of acceptable means of identification (Driver’s License, International passport National I.D card, and any other acceptable identification document deemed fit by the Bank).
- Duly completed signature account opening form.
- Two (2) duly completed and suitable reference forms.
- Copy of utility bill issued in the last three months
- Small businesses are to submit Certificate of Registration of Business Name and form 2.
- Limited liability companies are to submit certificate of incorporation, form CO7, and memorandum & articles of association (MEMAT).
- Constitution, partnership deed, trust deed etc to be submitted for other types of accounts
Offers you maximum interest payments on your daily account balances and minimum charges on your transactions. Best suited for you, if you have more inflow transactions than outflows.
Account types
| GTMax Silver | GTMax Gold | GTMax Platinum | |
|---|---|---|---|
| Minimum Opening Amount | 150,000 | 500,000 | 1,000,000 |
| Minimum Account Balance | 100,000 | 250,000 | 500,000 |
| Interest Rate | 2.00% per annum | 2.75% per annum | 3.00% per annum |
How GTMax Works
- You earn interest** if you maintain the minimum account balance.
- Cheque books on all GTMax accounts are FREE!
- GTMax is a non-borrowing account (There will be no credit facility of any kind on this account).
- With GTMax, you can pay in all clearing instruments, such as Cheques and Dividend Warrants etc.
- The GTMax cheques you issue can be paid into any bank.
*In any month you make more than 5 withdrawals, the Current Account Maintenance Fee of N1/mille will apply on all the qualifying transactions for the month.
**If you withdraw below the minimum account balance in any month, you will forfeit the interest benefit on the account for the month and the Current Account Maintenance Fee of N1/mille will apply on all the qualifying transactions for the month.
Benefit of using GTMax Account
- CAM Fee free and with high interest yield.
- Personalized Naira MasterCard with flexible spending limits.
- Access to Online Banking and all alternative banking channels.