Diaspora Banking
This is an initiative to help Nigerians in diaspora channel their savings towards owning houses in Nigeria without going through the stress of getting land title or becoming victims of fraudulent acts.
Below are two main product opportunities of diaspora banking:
- Fixed Savings
- Help to buy
KEY FEATURES & BENEFITS
- High interest rate on deposit
- Different and flexible investment periods
- Instant mortgage finance upon payment or buildup of equity
- Equity can be built-up through consistent periodic contribution or paid in as a lump sum.
- Flexible long-tenured mortgage with an option of paying off the mortgage at any time before maturity date
- Access to other CMBank mortgage offers”
CMBank ACCOUNT OPENING REQUIREMENTS
- Duly filled account opening form
- 2 recent colored passport photographs
- Utility bill not less than three months
- Valid means of identification ( Driver’s license, International passport, National ID card, Voters card)
OTHER BENEFITS APPLICABLE TO ALL ACCOUNT TYPES
- 24/7 Banking services via our various E-channels
- Monthly statement via email
- Dividend warrant lodgments are acceptable
- Bank transfer from other banks is permissible
- Know Your Customers (KYC) rules apply
- Cheque lodgment is permissible