GTCrea8 (2024)

FAQs

What is a GTCrea8 account? ›

GTCrea8 is a card-based interest bearing student account designed to provide undergraduates and students of professional institutions the best digital banking experience.

This level 1 account has a transaction limit of single deposit limit of N50,000 and cumulative balance of N300,000. Less is more with the GTCrea8 e-Savers account. As an account holder, you enjoy exclusive banking privileges, including: No transfer charges to any bank (737 & Mobile App)

How GTInstant Works. You have a maximum single deposit limit of N50,000 per transaction and a maximum cumulative account balance of N300,000. The GTInstant Naira MasterCard is valid for local transactions only. Competitive interest rate at 5.55%.

Tier 1 accounts allow you daily transactions of N50,000 (yes, inflow and outflow) and the account can hold a total of N300,000. Tier 2 accounts allow you daily transactions of N200,000 (that's both inflow and outflow) and the account can hold a total of N500,000. A Tier 3 account is the best place to be 😉.

The GTCrea8 MasterCard is for you if you're currently enrolled in a tertiary institution or own a GTCrea8 account. With the GTCrea8 MasterCard, you have unrestricted 24/7 access to your GTCrea8 account in Nigeria via ATMs, POS & Online.

5.25% interest rate per annum and additional 1% bonus interest to customers who maintain Standing Order deposit for 1 year.

Banks must report cash deposits totaling $10,000 or more

This federal requirement is outlined in the Bank Secrecy Act (BSA). While most people making cash deposits likely have legitimate reasons for doing so, that isn't always the case.

Banks must report cash deposits of more than $10,000 to the federal government. The deposit-reporting requirement is designed to combat money laundering and terrorism. Companies and other businesses generally must file an IRS Form 8300 for bank deposits exceeding $10,000.

The cash deposit limit in savings account per day is Rs. 1 Lakh. You can, however, deposit up to Rs. 2,50,000 in a day as long as you don't do it too often.

What are the requirements to open a GTBank account? ›

Tier 1 and Tier 2 NPS accounts differ significantly. Tier 1 is the primary NPS account for retirement savings, while Tier 2 offers flexible savings and withdrawal options, functioning more like a voluntary savings account.

A tier 3 account is the top level of account that promotes saving for future financial stability. It has no upper limit and requires full documentation from customers.

Tier 1 and tier 2 capital are two types of assets held by banks. Tier 1 capital is a bank's core capital, which it uses to function on a daily basis. Tier 2 capital is a bank's supplementary capital, which is held in reserve. Banks must hold certain percentages of different types of capital on hand.

Features & Benefits. A Fixed/Tenured Deposit is a tenured investment account with a specific amount invested at an agreed interest rate and tenure. At the end of the agreed period (tenure), and based on your instructions, the investment can either be re-invested or returned to you with the interest amount earned.

Open an account instantly on our flagship USSD platform, *737#. Owning an account has never been easier with our *737# platform. Simply dial *737*1# to open an instant account without leaving the comfort of your home or filling a form.

The Elite account is a prestigious checking account that offers premium banking benefits and allows you to earn money with a competitive interest rate.

If you regularly hold, pay or receive foreign currencies, a Foreign Currency Account is a cost effective way to manage your international trade activities.