ACCOUNT FUNDING AND MINIMUM BALANCE

 

Welcome to NOMO Microfinance Bank. By opening an account with us, you agree to comply with and be bound by the following Terms and Conditions. Please read these terms carefully before proceeding with your account registration.

Account Types and Minimum Deposits

NOMO Microfinance Bank offers the following account types, each requiring a minimum deposit to be operational:

Savings Account
   Minimum Deposit: £5,000.00
Current Account
   Minimum Deposit: £10,000.00
Merchant Account
   Minimum Deposit: £50,000.00
Platinum Account
   Minimum Deposit: £100,000.00

Debit Card Issuance

To qualify for the issuance of a debit card, you must maintain a minimum balance of £1,000.00 in your account. The issuance of the debit card incurs a one-time charge of £500.00.

 

ACCOUNT ACTIVATION

 

Once your account registration is complete, please contact us at account_control@nomomfb.com to finalize your account activation. You must deposit and fund your account with the respective minimum amount stipulated for the account type you have chosen.

 

GLOBAL REMITTANCE SERVICE

 

NOMO Microfinance Bank offers global remittance services in collaboration with over 500 banks worldwide. Our remittance services are designed to provide secure and efficient money transfer options for our clients.

 

GENERAL CONDITIONS

 

Eligibility: You must be at least 18 years old to open an account with NOMO Microfinance Bank.

Account Maintenance: It is your responsibility to maintain the minimum balance required for your account type to avoid any penalties or account restrictions.

Communication: All communications regarding your account should be directed to our customer service at account_control@nomomfb.com.

Amendments: NOMO Microfinance Bank reserves the right to amend these Terms and Conditions at any time. You will be notified of any changes, and continued use of your account will constitute acceptance of the revised terms.

Governing Law: These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which NOMO Microfinance Bank operates.

 

CONTACT INFORMATION

 

For any inquiries or assistance regarding your account, please reach out to our customer support team at account_control@nomomfb.com.

By proceeding with your account registration, you acknowledge that you have read, understood, and agree to these Terms and Conditions. Thank you for choosing NOMO Microfinance Bank!