Traditionally, to open a bank account you have to walk into a bank where you will be guided through the process and requirements. Nowadays, things are much easier. You can easily open a bank account with your mobile device.

Access Bank in Nigeria is one of the industry leaders of the Nigerian banking sector and is always in tune with technological advances. You can easily open an Access Bank account from the comfort of your home with your mobile device with or without internet.

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The bank offers a USSD service that allows you to open an account and also carry out transactions with the account. It is now quite easy to open an account with Access Bank in Nigeria on phone even without internet connectivity.

All you have to do is to simply dial * 901 # USSD code on any phone type. This * 901 # USSD code service not only allows you to open a new bank account on the go, but it also allows all customers to pay bills, buy airtime, transfer funds and do lots more from any type of phone.

How To Open Access Bank Account Online

The first way is through the Access Bank USSD code service. Simply dial * 901 * 0 # from your phone and then follow the on-screen prompts
Input your First Name as requested and then Tap “SEND.”
Then type your Last Name and Tap “SEND” again
Your bank account number will then be generated automatically and sent to your mobile phone number via SMS.

Benefits Of Opening Access Bank Account With Your Phone

• You are able to open an account from anywhere without visiting a branch of the bank.
• This service does not require you filling any form.
• There is no minimum opening balance required for this account.

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How To Open Instant Savings Account With Access Bank Online

Access Bank Plc, in line with current trends in the banking sector and also in order to tap into the penetration of the Nigerian society by the internet, has created a platform for those who are interested in opening an account with the bank to so online without having to visit any branch of the bank.

Instant Savings Account

An instant savings account is a stress-free account offered by Access Bank Plc. You can easily open one with just a passport photograph. Currently, Access Bank offers two types of instant savings account and both are slightly different.

Features And Benefits Of The Instant Savings Account

Instant Savings 1

• There is no minimum opening balance required
• The account details can be uploaded via the contact center, branch or website of the bank
• Issuance of Verve cards only
• There is an interest rate of 4.2% p.a. per annum on the account
• The maximum single deposit on the account is #50,000
• The maximum cumulative balance of the account is #300,000
• Transactions on this account type are limited only to transactions within Nigeria

Instant Savings 2

• There is no minimum account opening balance
• The account details can be uploaded via the contact center, branch or website of the bank
• Issuance of Verve cards only
• There is an interest rate of 4.2% p.a. per annum on funds saved in the account
• The maximum single deposit on this account is pegged at #100,000
• The maximum cumulative balance on this account is pegged at #500,000
• Transactions on this account are limited to within Nigeria only.

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Benefits To The Customer

• It is convenient and the account opening requirements are quite flexible.
• This account can be opened via the contact center, the website or in a branch of the bank.
• This account allows the account holder to be financially included.
• No monthly maintenance fee is charged on the account.
• You get account information updates via SMS/Email alerts.
• You have access to cash anytime, anywhere with debit cards on ATMs.
• You are able to make payments with Verve debit cards on POS terminals.

Requirements For Opening Instant Savings Account

Instant Savings 1

• A duly completed account opening form including the signature mandate section
• 1 passport sized photograph
• Means of identification is not required
• Address verification is not required
• BVN of signatory(is)
• AML risk assessment
• Customer data verification is not required

Instant Savings 2

• A duly completed account opening form including the signature mandate section
• 1 passport sized photograph
• A means of identification is required. A secondary ID is acceptable, any verifiable ID such as Association ID, student ID etc.
• KYC Documentation of the customer is required.
• Valid proof of residence
• Visitation report
• BVN of signatory(is)
• AML risk assessment
• Customer data will be verified with NIMC, INEC, FRSC, and others where applicable.

Conclusion

All you need to know about how to open an access bank account has been provided in this article. It’s quite easy now to own an access bank account, just follow the guide in this article.