Zenith Bank Account Opening Process and All The Ways You Can Check Your Balance

Zenith Bank is one of the A-List financial institutions operating in Nigeria and beyond. The financial institution has excelled in several areas of operations, including the Zenith Bank account opening process which has been made easy and placed at the reach of every customer, no matter your location. Being physically present in the banking hall is an age-old way of opening bank accounts, however, with the newest technological advancements, account opening can be done from the comfort of your home through the use of mobile devices.

Apart from Zenith Bank account opening, customers can also sit in their homes and offices and access their account balances 24 hours a day, seven days a week. They only need a mobile device and the right USSD code *966*0#. Other channels like automated teller machines, mobile banking, internet banking, and the likes can also come in handy for checking account balances. It all depends on the customer’s choice.

Steps Involved In Zenith Bank Account Opening

In the recent past, opening an account with any bank entailed going into the banking halls to do the following;

• Collect and complete hard copies of an account opening form
• This form will be submitted to the customer service officer with all the required documentation
• The CSO checks to ensure that all the documents are in order and the account opening form is well-filed
• If satisfied, the customer service personnel generates an account number which will be sent to the customer through SMS

However, all these have changed due to technological advancements. Apart from being physically present in the bank’s branch, Zenith Bank has devised several means through which accounts can be opened without leaving the comfort of your home.

*966# EazyBanking

This is the latest way of opening an account with Zenith Bank and people who have tried using the code have testified that it is seamless. The actual code to type is *966*0#, just follow the ensuing prompts, and automatically, it generates a 10-digit NUBAN account number and sends it to you through SMS.

Account Opening Can Be Done Online

To open an account online, go to the website, fill out your forms and submit online for an account number to be generated and sent to you. It is that simple. Alternatively, you can download a current account form, fill and submit it, then wait for your account number.

Zenith Live Chat

Prospective customers can also open accounts through live chat. Customers can leverage the Zenith Live Chat on the website to enjoy a plethora of services, account opening inclusive.

Types of Savings Accounts in Zenith Bank

Zenith Bank offers its customers a bulging savings account portfolio comprising of offerings for all spectrums of the Nigerian population:

Individual Savings Account

This kind of account is highly recommended for customers with specific savings goals who are ready to begin setting money aside. Regardless of your goal, Zenith Individual Savings Account offers some interests.

Features and Benefits

• Zero account opening balance
• 1.15% interest
• Attracts the use of debit cards like MasterCard/Visa/Verve
• Internet banking
• Mobile banking app
• SMS and/or email alerts

Requirements

• Duly completed account opening form
• One recent passport photograph
• Customer’s identification (Driver’s License, National Identity Card, International Passport, or Voter’s Card)
• Residence permit (applicable if the customer is a foreigner)
• Current public utility receipt, not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, and rent receipt)
• Customers who want to deposit cheques above N2,000,000.00 should bring two independent and suitable references

EazySave Classic Account

Zenith Bank designed EazySave Classic Account to facilitate the financial inclusion of individuals having minimal forms of identification.

Features and Benefits

• Zero account opening balance
• A maximum single deposit of N50, 000.00
• Maximum cumulative balance of N300, 000.00
• 1.15% interest rate
• Verve debit card
• SMS and/or email alerts

Requirements

• Duly completed account opening form
• One recent passport photograph

EazySave Premium Account

EazySave Premium Account is close to EazySave Classic Account as it also facilitates the financial inclusion of prospects that have minimal forms of ID.

Features and Benefits

• Zero account opening balance
• A maximum single deposit of N100, 000.00
• Maximum cumulative balance of N500, 000.00
• 1.15% interest rate
• Verve debit card
• SMS and/or email alerts

Requirement

• Duly completed account opening form
• One recent passport photograph
• Signatory’s identification (driver’s license, national identity card, international passport, or voter’s card)

Aspire Account

Zenith Bank’s Aspire Account is a unique form of savings account for Nigerian undergraduates who have a distinguishing sense of identity. Designed to boost the lifestyle of the keen and perceptive student, the Aspire Account offers its holders a platform to follow their dreams, giving them support on their journey to greatness.

Features and Benefits

• Interest Bearing – Funds in an Aspire Account never sleeps; it does not just accrue 1.15% interest, it maintains a steady growth even while you sleep.
• Unique MasterCard card design – Students are free to make choices from the three different card designs available; Ultra, Ace, & Zeal – only N500 will be charged for each card. One of these cards is sure to reflect your lifestyle and mirror your identity.
• Cashless banking – Enjoy cashless banking via Automated Teller Machine (ATM), Mobile Banking, POS, and the Web.
• Deep discounts – Students can enjoy special discounts as well as periodic promotions from the bank’s partner merchants; this aids them in getting more out of life.
• Transaction notifications – Enjoy SMS and email transaction alerts whenever you carry out a transaction.

Requirements

• Duly completed account opening form
• One recent passport photograph
• Acceptable forms of identifications, including valid school identity card, student admission letter, or NIN – National Identification Number Card/NIN (for those between 16-25 years)
• Details of student’s parents/guardians (for those between 16-25 years)

Zenith Children’s Account (ZECA)

This is another unique savings account designed by the bank to give parents an opportunity to save for the future of their children, as well as teach them the need for savings from their formative years. ZECA is modeled into two different tiers – one for younger children and the other for teenagers; the overall objective is to make savings fun for the younger generation and also expose them to financial discipline.

ZECA for Age Bracket 0 to 12 Years – Features

• An account specifically designed for children between 0-12yrs
• Zero account opening balance
• 1.15% interest rate
• Standing order credit option
• Cheque lodgment, including, draft and dividend warrant
• Invitation to the Zenith Children’s Parade which is held annually
• Account-holders can take part in Zenith Children’s Day Scholarship raffle draw

Zenith Back To School

This account is designed to aid parents in dealing with their children’s school needs like;

• Saving for their future
• Conveniently paying their school fees online
• Enjoy internet banking services via www.zenithbank.com
• Effect card payments via www.globalpay.com.ng

Requirements

• Duly completed account opening form
• One recent passport photograph each of parent/guardian, and child
• The child’s birth certificate
• Form of identification of signatories (driver’s license, national identity card, international passport, or voter’s card)
• Residence permit (where applicable)
• Public utility receipt, not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, rent receipt)

Timeless Account (Savings Option)

The Timeless Account is a special kind of account designed for senior citizens.

The features of this account include free banking services like;

• Free checkbook, SMS notification, and debit card
• Free printing of statement of account
• AMF free
• Zero accounts opening
• Priority service at the banking hall
• Holiday and travel offers

Requirements for the Savings Option

• Duly completed account opening form
• One recent passport photograph
• Signatory’s form of identification (driver’s license, national identity card international passport, or voter’s card)
• Residence permit (where it is applicable)
• Public utility receipt, not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, and rent receipt)
• Those that wish to deposit cheques valued above N2,000,000.00 will provide independent suitable references.

Save4me

This is a high-interest yielding account for customers who wish to put money aside for a specific goal/target. Thus, you are free to open multiple target account to take care of different purposes.

Features and Benefits

• 1.15% interest P.A
• Virtual account attached to the main account
• Withdrawal is not permitted within the first three months
• Minimum of three months/ maximum of 12 months duration
• There is an option for rolling over
• Minimum deposit of N10,000
• Frequency – can be Daily, weekly, monthly

Requirements

• The customer must be a savings (Individual Savings Account) or current account holder

Zenith Eazy Account

This account is described as a non-BVN (Bank Verification Number) enabled instant savings account; customers can create their own accounts by dialing the approved shortcode *966*77#

Features and Benefits:

• The customer’s phone number becomes his or her account number
• Utility bills, identification, and references are not necessary
• Withdrawals are done in multiples of 20k and the max balance that should be in the account daily is N300,000
• Enjoy cardless withdrawals via automated teller machines and Zenith Agent location
• Money transfers to any Nigerian bank
• Bill payment, airtime purchase, and many more

Zenith Bank Current Account

Open a current account in Zenith Bank and enjoy the convenience that comes with it. Current accounts in Zenith bank come in types.

Individual Current Account

An individual current account is owned by a single individual who is the only signatory to the account. Once you meet the approved KYC requirement which is also referred to as Know Your Customer, a current account will be opened for the customer who will enjoy the bank’s range of services from cards to online banking applications. Holders of Zenith’s current account have the opportunity to open a domiciliary account using the same documents.

Features and Benefits

• Zero account opening balance
• Internet Banking
• Zenith Mobile Banking app
• *966# Eazybanking
• Cards – MasterCard/ Verve/ Visa debit card
• SMS/ email alerts
• Cheque book

Requirements

• Duly completed account opening form
• One recent passport photograph
• Form of identification (driver’s license, national identity card, international passport, or voter’s card)
• Residence permit (where applicable)
• Two independent and suitable references
• Public utility receipt, not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, rent receipt)

Gold Premium Account

Zenith Gold Premium account is described as a high-yield current account best suited for customers with more inflows than outflows in their transaction history. The bank designed the Gold Premium account to yield maximum interest on daily account balances while attracting minimum charges per transaction.

Features and Benefits

• Opening balance of N1,000,000
• Yields 1% p.a interest on N1,000,000 minimum balance
• Account Maintenance Fee (AMF) will not be charged on the first five withdrawals. AMF only applies on every withdrawal if a customer makes more than five withdrawals per month
• Monthly limit of $3,000 on international transaction
• MasterCard Gold debit card
• MasterCard Gold debit card gives you easy access to a total of 800 LoungeKey airport lounges located in over 130 countries worldwide. Customers who wish to register can visit www.loungekey.com/en/zenithbankplatinumcard. Alternatively, the LoungeKey App is downloadable from the App store
• Enjoy a couple of free complimentary access to any LoungeKey airport lounges
• Selected merchants offer transaction discounts
• Emergency Card Replacement: Gold debit cardholders who lost their cards enjoy emergency card replacement which is made possible through MasterCard Global Service. The replacement cards are always ready for pickup with two business days internationally and one business day in America; issuer authorization must be presented first
• Emergency Cash Disbursement: Also, MasterCard Global Service makes it possible for Gold debit cardholders to get as much as $2,000 emergency cash disbursement; this can be accomplished within a couple of hours at any of the 250,000 Western Union locations globally
• Direct access to the bank’s 24 hours customer-service helpdesk
• Clearing enabled checkbook
• Internet banking
• Zenith mobile banking app
• Email/SMS alerts
• MasterCard discounts

Requirements

• Duly completed account opening form
• One recent passport photograph of the signatory
• Form of identification (driver’s license, national identity card, international passport, or voter’s card)
• Residence permit (where applicable)
• Two independent and suitable references
• Public Utility Receipt not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, and rent receipt)

Platinum Premium Account

This is the highest (maximum) yield current account in Zenith Bank, best suited for customers with more inflows than outflows in their transaction history. The bank designed Platinum Premium Account to yield maximum interest on customer’s daily account balances while attracting minimum charges per transaction.

Features and Benefits

• Opening balance of N3,000,000
• 1.6% p.a interest on N3,000,000 minimum balance
• Account Maintenance Fee (AMF) will not be charged on the first five withdrawals. AMF only applies to all withdrawals if the customer makes above five withdrawals per month.
• $4,000 monthly limit on international transactions
• MasterCard Platinum debit card
• MasterCard Platinum debit card gives you easy and quick access to a total of 800 LoungeKey airport lounges located in over 130 countries worldwide. Customers who wish to register can visit www.loungekey.com/en/zenithbankplatinumcard. Alternatively, the LoungeKey App is downloadable from the App store
• Enjoy a couple of free complimentary access to any LoungeKey airport lounges
• Prepaid card for wards or domestic staff
• Selected merchants offer transaction discounts
• Emergency Card Replacement: Platinum debit cardholders who lost their cards enjoy emergency card replacement which is made possible through MasterCard Global Service. The replacement cards are always ready for pick up within two business days internationally and one business day in America; issuer authorization must be presented first
• Emergency Cash Disbursement: Also, MasterCard Global Service makes it possible for Platinum debit cardholders to get as much as $2,000 emergency cash disbursement; this can be accomplished within a couple of hours at any of the 250,000 Western Union locations globally
• Fraud Protection: Holders of Platinum cards who filled reports of stolen or missing cards will be covered in the case of any unauthorized charges occurring on their card through the ATM (Automated Teller Machine), POS (Point of Sales), Telephone or Online, within the 24-hour preceding the filing of such event to Zenith bank. Maximum Amount Payable for each Card: Per occurrence – $2,000/ its equivalent in naira. Per Year – $3,000/ its equivalent in naira
• Purchase Protection: Holders of the Platinum card are insured for any loss of a purchase owing to accidental damage/theft occurring within 90 days from the purchase date with the Platinum debit card; this is specified on the store receipt. The maximum amount payable for each card: Per occurrence: $2,000/ its equivalent in naira. Per Year: $5,000/ its equivalent in naira
• Direct access to Zenith Bank’s 24 hrs customer service helpdesk
• Cheque book (clearing enabled)
• Internet banking
• Zenith mobile banking app
• Email/SMS alerts
• MasterCard Discounts

Requirements

• Duly completed account opening form
• One recent passport photograph
• Form of identification (driver’s license, national identity card, international passport, or voter’s card)
• Residence permit (where applicable)
• Two independent and suitable references
• Public Utility Receipt not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, rent receipt)

Timeless Account

Timeless Account is specially designed for senior citizens.

Features 

• Free SMS notification
• Free checkbook
• Free debit card
• Free statement printing
• AMF free
• Zero Account Opening
• Priority service at the banking hall
• Travel and holiday offers

Requirements for the Current Account:

• Duly completed account opening form
• One recent passport photograph
• Form of identification (Driver’s License, National Identity Card, International Passport, or Voter’s Card)
• Residence permit (where applicable)
• Public Utility Receipt not more than three months old (PHCN bill, tenement rate, water rate bill, telephone bill, rent receipt)
• Two independent and suitable references

Domiciliary Account

Customers who have the need for a foreign currency account can leverage Zenith Bank’s Dom account to perform their foreign transactions. The account comes in types

Ordinary Domiciliary Account

Existing customers who wish to open an Ordinary Domiciliary Account only need to complete an account opening form or just write a letter but new customers need the full account opening requirements to open a Dom account with Zenith bank. With this kind of foreign currency account, customers will have access to a plethora of banking services as listed below. You can conveniently complete your transactions from the comfort of your home without walking into the banking hall.

Features and Benefits

• Internet Banking
• Transfers
• Payments
• Debit card (USD)
• Mobile banking
• Email/SMS alerts
• Standing orders
• USD, GBP & EUR

Requirements

• Duly completed account opening form for new customers (for existing customers of the bank who have full documentation, they will just have to write a letter requesting for a Dom account to be opened for them or just fill another account opening form)
• One passport photograph
• Form of identification (driver’s license, national identity card, international passport, or voter’s card)
• Public utility receipt not more than three months old (PHCN bill, tenement rate, water rate bill, rent receipt, telephone bill, etc.)
• Visitation report (residence)

Cash Domiciliary Account

This kind of domiciliary account does not permit FX transfers; it is strictly cash-in cash-out but customers will enjoy all other benefits that holders of Ordinary Domiciliary Account enjoy; this ensures convenience.

Features and Benefits

• Zero opening balance
• Internet Banking
• Debit card (USD)
• Mobile banking
• Email/SMS alerts
• Standing orders
• USD
• No transfers allowed

Requirements

• Duly completed account opening form for new customers (for existing customers of the bank who have full documentation, they will just have to write a letter requesting for a Dom account to be opened for them or just fill another account opening form)
• One passport photograph
• Form of identification (driver’s license, national identity card, international passport, or voter’s card)
• Public utility receipt not more than three months old (electricity bill, tenement rate, water rate bill, rent receipt, telephone bill, etc.)
• Visitation report (residence)

Other Types of Zenith Bank Account

They include business, accounts, church accounts, NGOs, and the likes.

Partnership Accounts

People who join efforts with each other to launch a business can leverage the simple and straightforward Zenith Bank Partnership account to enable them to run their business seamlessly.

Requirements

• Duly completed account opening form
• Two independent and suitable corporate references
• Form of Identification (from each of the signatories)
• Resident permits where applicable
• Certificate of Registration (required to present the originals for sighting)
• Form of application for the registration, C.T.C (required to present the originals for sighting)
• Partnership Agreement endorsed by all partners
• Public utility receipt (required to present the originals for sighting)
• Visitation report (both Resident and Official)
• Risk Assessment Form
• Additional KYC Form
• Mandatory Initial Deposit

Features and Benefits

• Internet banking or corporate internet banking
• Email/SMS alerts
• Debit card (optional)

Sole Proprietorship / Enterprise Account

Entrepreneurs who registered their business under Enterprise or Sole Proprietorship need an account that can aid in attaining their goals. With Zenith Bank’s Enterprise Account, doing business is smooth and easy.

Requirements

• Duly filled and endorsed account opening form
• Two Specimen Signature Cards
• Two independent and suitable references
• Two recent passport photographs per signatory
• Signatory’s form of Identification
• Certificate of Registration (required to present the originals for sighting)
• Form of Application for the Registration (this must be the Certified True Copy by the Corporate Affairs Commission – original to be sighted)
• Photocopy of customer’s Public Utility Receipt (required to present original to be sighted)
• Mandatory Initial Deposit
• Visitation Report (both Residential and Official)
• Risk Assessment Form
• Additional KYC Form

Features and Benefits

• Corporate internet banking
• Eazymoney / *966# Eazybanking
• Debit Card
• Email/SMS alerts
• Mobile banking

Clubs, Societies, Associations Accounts

Zenith Bank’s Clubs, Societies, and Associations accounts are well suited for people who form registered clubs, associations, and societies. This account keeps all stakeholders in the know with its clearly defined reporting.

Requirements

• Duly completed Account Opening Form
• Two Specimen Signature Cards
• Two independent and suitable corporate references
• Two recent passport photographs per signatory
• Resolution/letter introducing signatories and outlining the mandate; this must be endorsed by the association’s President/Chairman and Secretary.
• Copy of Club’s Rules/Constitution
• Public Utility Receipt(must present original for sighting)
• Form of Identification per signatory
• Visitation (both residential and official)
• Risk Assessment Form
• Additional KYC Form
• Initial deposit

Features and Benefits

• Internet Banking or Corporate internet banking
• Email/SMS alerts
• Debit card

Trust Funds

Trust funds are perceived to be among the exclusive preserve of the rich and famous as an avenue to protect the passing on of huge funds in case the inevitable happens. In Zenith Bank, anybody no matter the income bracket can set up a trust fund.

Requirements

• Duly completed Account Opening Form
• Two Specimen Signature Cards
• Two independent and suitable references
• Two recent passport photographs per signatory
• Copy of Constitution cum Charter of Trust fund
• A Resolution/Declaration by all the Trustees to open the trust account; this should state things like venue, people present, and must be signed and sealed by the Trust Fund’s Chairman and Secretary
• Form of Identification
• Visitation
• Initial deposit

Features and Benefits

• Internet Banking
• Email/SMS alerts
• Debit card (optional)

Limited Liability Company Accounts

Registered businesses under CAC’s Limited Liability Company can enjoy the type of business banking that Zenith bank offers; it comes with a highly personalized approach, offering creative financial solutions to businesses

Requirements

• Duly completed and endorsed Account Opening Form
• Two Specimen Signature Cards
• Two Independent and suitable references (this must be from other Limited Liability Companies or even higher.
• Two recent passport photographs per signatory
• Certificate of Incorporation (must present originals for sighting)
• Particulars of Directors; this is known as Form CO7 (must be the Certified True Copy obtained from the Registrar of Companies. Customer must present originals for sighting)
• Memorandum /Articles of Association (this must be the Certified True Copy obtained from the Registrar of Companies or Director of Company)
• Board Resolution (must be Signed and Sealed)
• Form of Identification per Signatories (International Passport, National ID Card, Drivers License, or Voters Card)
• Resident Permit (applicable only where you have an expatriate among the signatories)
• Public Utility Receipt
• Form CO2 and CAC 2.1 (must present originals for sighting)
• Visitation Form (both Residential and Official)
• Letter of Set-Off (must be Signed and Sealed)
• Mandatory Initial Deposit
• Risk Assessment Form
• Additional KYC Form

Features and Benefits

• Corporate internet banking
• Email/SMS alerts
• Debit card (optional)

Non-Governmental Organizations Account (NGOs)

Zenith Bank has a special NGO account that proffers specialized transaction processing which is designed to ensure an easy and straightforward banking experience for holders of these accounts

Requirements

• Duly completed Account Opening Form; Form filling must be done by the NGO’s appropriate authorities like Chairman and Secretary
• Charter or Memorandum and Articles of the NGO (must present originals for sighting)
• Certificate of Registration (must present originals for sighting)
• Resolution to open an account with Zenith Bank; This must be endorsed by the NGO’s Chairman and Secretary. The resolution must be sealed, specifying things like the venue for the meeting, the officers that were present, as well as the person that presided. It should also state the account’s signatories and outline the mandate.
• Two specimen signature cards
• Form of Identification per signatory
• Two recent passport photographs per signatory
• Visitation report
• Initial deposit

Features and Benefits

• Corporate internet banking
• Email/SMS alerts
• Debit card (optional)

Embassies & High Commissions

Zenith Bank’s Embassy account is specially designed to bring solutions to the particular issues faced by both high commissions and embassies.

Requirements

• Duly completed Account Opening Form
• Two Specimen Signature Cards
• Two passport photographs per signatory
• Certificate obtained from the Nigerian Ministry of Foreign Affairs. Also to be presented is a Resolution/Letter from the High Commissioner/Ambassador authorizing an account to be opened and introducing all signatories/mandates. The Resolution also lists the principal members of the High Commission/Embassy present during the meeting.
• Copy of Charter or Constitution of the Embassy
• Form of Identification per signatory
• Visitation
• Initial Deposit

Features and Benefits

• Corporate internet banking
• Email/SMS alerts
• Debit card (optional)

Church Account

The bank offers church account products with a high level of transaction processing capabilities, including a customized app to aid the congregation in getting fully engaged with church activities.

Requirements

• Duly completed account opening form
• Two Specimen Signature Cards
• Two independent and suitable references
• Two recent passport photographs per signatory
• Resolution of the Church/Parish Council to open an account with Zenith Bank, stating both signatories and mandate. Also to be stated in the Resolution are people present during the meeting, and must be endorsed by the Council’s President/Chairman/ and General Secretary
• The Parish Council’s Rules and regulations or Constitution/ Charter
• Registration Certificate (where available)
• Public Utility Receipt (must present originals for sighting)
• Visitation (both Residential and Official)
• Initial deposit

Features and Benefits

• Corporate internet banking
• Email/SMS alerts
• Debit card (optional)

These Are Some Of The Ways To Check Your Zenith Bank Account Balance

There are several ways to check your account balance in Zenith Bank. Here are the most popular three;

 *966*00# USSD Code

Presently, the easiest and quickest way of checking your Zenith Bank account balance is through the code *966*00#. Just follow these simple steps;

• Dial *966*00#with the phone number connected to your account
• Confirm your request by entering the last four digits on your MasterCard; this is your EazyBanking PIN
• With the above steps completed, a notification will hit your phone, indicating your balance

Note: customers are at liberty to request their balance as many times as possible, 24 hours a day, seven days a week. Besides, the code works on every device be it iOS, Android, Java, or Blackberry. It also worked with all Nigerian network providers like MTN, Glo, AIRTEL, and 9Mobile. The application comes free of charge, though network charges will always apply.

Mobile Banking

The Zenith mobile banking app is downloadable through Google Playstore and is highly recommended for checking your account balance including other transactions like bill payments and purchases. However, you need to have internet access and a smart device to use this method.

Automated Teller Machine

Zenith Bank account holders can also leverage the bank’s numerous ATM machines to check their account balances. You will need an ATM card for this, however, those that are enabled for cardless transactions can also use the ATM to check your account balance.