You have already made up your mind to open a bank account with access bank, and you want to get started by using your mobile phone it the computer to open a new bank account with access bank.
I got you covered here cause I will will guide you through on how to open access bank account online using your mobile phone.
But before doing that, I will explain to you all you need to know on opening a bank account in Nigeria using your mobile phone.
Opening a bank account on phone is the first step on having a standard savings account in Nigeria, and you should know that it is a level 1 bank account.
The requirements to open access bank account online
Below are the requirements to open access bank account online by simply using your mobile phone.
- Working internet connection
- Access bank mobile app
- A passport photograph
- A signature
- Bvn or no bvn
- Mobile phone number
- A valid email address
These are the requirements need from you to open access bank account online using your mobile phone.
Now let’s just in to the main deal.
How to open access bank account online in Nigeria
Remember, this is opening an access account through online, so you must have a working internet connection on your mobile phone.
Get started by simply downloading and installing the Access bank mobile app on your phone. After the installation is complete, you can then proceed but make sure everything is ready especially your passport and signature.
Open the access bank mobile app on your phone, and select Nigeria unless you’re from another country. Tap get started and on the next screen it will ask if you already have an access bank account, simply tap no.
Accept the terms and conditions and you’re set on how to open access bank account online. You will this window just like on the picture below;
Looking at the picture above you will see that it has an option for you to open Access Bank account online without BVN.
If this is your very first time of opening a bank account, you should tap on the link that says create account without bvn. But if you already have an account with another, you should have a bvn so you don’t have to tap on the link that says create account without bvn.
I will explain this based opening access bank account with or without a bvn.
How to open Access Bank account online with BVN
All you need to do is to simply enter your bvn and date of birth and tap on the continue button. On the next window you will see instant savings tier 1, and this indicates that you’re about to open an instant tier 1 savings account with access bank.
It will display all the the features and the benefits drives from this very access bank tier 1 account, and they are listed below;
Features:
- N1,000 minimum account opening balance
- Interest rate-1.15% (subject to 4 withdrawals per month)
- Issuance of Verve cards (only)
- Maximum Cumulative Balance-N300,000
- Transactions are limited to Nigeria
- Mobile Payments single transactions limit-N3,000
- Mobile Payments daily transactions limit-N30,000”
Benefits:
- Convenient & flexible account opening requirements
- Provides account information updates via SMS/Email alerts
- No monthly maintenance fees”
Required Documents:
- Passport Photograph
- Signature
If you agree with the above terms, you should kindly tap on the select product button.
The next window is very important on this guide of how to open access bank account online using a bvn. It will scan your face in order to verify if the picture on a bvn tallies with face of the person opening the account.
So you ahead and tap on the scam now button.
It will take a selfie of your face and proceed to the next step. Right there you need to upload your signature and your passport to complete your account opening with access bank.
So kindly snap a good picture of yourself and upload it on the app or probably tap on the camera icon and snap your face. For signature, tap on the pen or pencil icon and sign your signature. You can also use Adobe acrobat to sign your signature and upload it.
So kindly sign the signature and tap on the continue button.
The next window is where to enter your personal bio data which includes your purpose of opening the account, title, birth country, religion, email address etc. So kindly fill up the spaces and tap on the continue button, proceed to the next step and that’s it, you have successfully opened access bank account online using your mobile phone.
This is how to open access bank account online with bvn, and you don’t have to enter your name cause through your bank verification number details the bank will get your personal informations.
● You may want to read Access bank student account limit in Nigeria
How to open access bank account online without bvn
Let’s say this is your very first time of opening a bank account, so it means that you don’t have a bvn yet, this is how to open access bank account online without bvn.
Get started by opening the access bank mobile app, and select Nigeria as your country. Tap on get started button and tap no on the next window as you don’t have an access bank account.
Agree the terms and conditions, and you’re set on how to open access bank account online using the bank mobile app.
You have to tap on the link that says create account without bvn, enter your email address, phone number and date of birth.
When you’re done, tap on the continue button to proceed to the next steps.
On the next next screen, you will see Instant savings tier 1 along with the following details or informations.
An account designed to meet the financial needs of the under-banked and unbanked. 18 years and above
Features:
- N1,000 minimum account opening balance
- Interest rate-1.15% (subject to 4 withdrawals per month)
- Issuance of Verve cards (only)
- Maximum Cumulative Balance-N300,000
- Transactions are limited to Nigeria
- Mobile Payments single transactions limit-N3,000
- Mobile Payments daily transactions limit-N30,000”
Benefits:
- Convenient & flexible account opening requirements
- Provides account information updates via SMS/Email alerts
- No monthly maintenance fees”
Required Documents:
- Passport Photograph
- Signature
Tap on select product, and you have uploaded your picture and your signature. Kindly snap your face and upload it, and for the signature tap on the pen or pencil like icon just like on the picture below;
Tap on the pencil icon and sign your signature. When you’re done, tap continue to proceed to the next steps.
Next ie to enter your bio data, and this includes your name, marital status, date of birth, phone number, nationality, etc.
This is different on how to open access bank account online with bvn cause you don’t have to enter most of the bio data like your date of birth, phone number, nationality, gender cause those requirements has requirements has been retrieved from the bvn.
Carefully enter all the informations and tap continue. Proceed to the next step and that’s it, you have successfully opened access bank account using your mobile phone.
● You may want to read Learn how to use access bank transfer code
This is how to open access bank account online using the access bank mobile app, and as you can see, it is not difficult at all unless you’re confused with some the terms.
You can also use the access bank *901# to open access bank account on phone and it doesn’t require internet connection. The only problem you will have is the fact that you will face technical issues while using the code to open an account with access bank.
This is why I prefer to open access bank account online, and by using the bank mobile app. As long as you have a working internet connection, and a smartphone, you’re good to go.
The limits of opening access bank account on phone
These are the limits and which I don’t fancy at all. This is a level 1 or tier 1 savings account, and it has a maximum Cumulative Balance-N300,000 and you cannot exceed that amount.
This means if you have N250k in your account and someone sends N60k to your bank account, it will not go through because the amount have exceeded the maximum amount for this very access bank tier 1 account.
Note that a single cash deposit for this very access bank tier 1 account is N50k, and the amount cannot be exceeded.
Transactions are limited to Nigeria and this means that you cannot use your debit card to make payment outside Nigeria , and I don’t fancy this at all.
● You may want to read How to check account balance on access bank on phone
Mobile Payments single transactions limit-N3,000. This means that you cannot use your debit card to make a payment that exceeds N3k from your bank account. And lastly, mobile Payments daily transactions limit-N30,000.
After opening the access bank instant savings account and you’re not pleased with the maximum single deposit which is N50k, and the maximum operating balance which is N300k, with other limits, I urge you to upgrade or update your account.
Learn from here on How to upgrade access bank account
There’s nothing much to explain and with this I come to the conclusion of this post on how to open access bank account online via the mobile app. I’m open to your questions and suggestions thanks.