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‘Union Bank’s hybrid account is for small businesses’

Head of Retail Liabilities, Funwa Akinmade said small businesses are integral to the economy and “it is important that we develop the right products and…

Head of Retail Liabilities, Funwa Akinmade said small businesses are integral to the economy and “it is important that we develop the right products and services to support them.”
The account gives businesses the flexibility of a current account with savings benefits, while good for co-operative societies, trade associations, professional bodies, social clubs and non-governmental organizations.
Its features include minimum daily opening and closing balance of N5,000 only; cheque lodgement and dividend warrants.