Minimum Amount:
₦10,000
Maximum Amount:
₦5,000,000
Annual Interest:
1.9 % - 12.0 %
Minimum Term:
1 month
Maximum Term:
12 months
Fees:
NA

About Ecobank Nigeria MyFirst Account savings

MyFirst Account is our savings account specifically designed for children and teenagers aged between 0-17 years old. If you're a parent, the account allows you to save money in your child’s name, which they can redeem when they are older. It’s the perfect way to save for their education or kickstart a fund for future projects.

Requirements for this saving

Two recent passport photograph
One mandate card
Account opening form duly completed
Residence permit – if a foreigner
Answer questions on “Know Your Customer (KYC)" document
Bank Verification Number (BVN)
A valid proof of Identity of each signatory (current Driver's License/ National ID/ International passport/ Student ID card-for students)
Proof of address – utility bills for the 3 previous months/ site visitation report/ certificate of residence/ tenancy agreement
Employer’s letter of introduction (for salary account)

States Covered

Lagos

About this provider

Ecobank’s pan-African presence allows us to deliver the very best value to stakeholders. Because we create a standard level of customer service, we’re able to develop synergies and economies of scale across the network.

Location

Contact Address

2, Ajose Adeogun Street, Victoria Island

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All rights reserved. © 2025 AfricaCompare Limited
All rights reserved. © 2025AfricaCompare Limited