How to upgrade your bank account in Nigeria?
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How to upgrade your bank account in Nigeria?
Read all about how to upgrade your bank account in Nigeria.
There are about three different levels of account in Nigeria, the tier 1 account, the tier 2 account and the tier 3 accounts. Each of these account levels requires certain documents for their activation and they all have different limits.
Usually one would want to upgrade from a tier 1 account to either a tier 2 account or a tier 3 account. The upgrade requires you to have some certain documents and also follow a due process for the upgrade.
In this post titled “How to upgrade your bank account in Nigeria, I am going to be writing all you will need to know about upgrading your bank account, including the requirements, the upgrading process, the information you will need and many more.
The following applies to most banks in Nigeria, and the process should basically the same in all banks in Nigeria.
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Let’s get into it then…
Read my post on the difference between tier 1,2 and 3 account
What is a Tier 1, Tier 2 and Tier 3 account in Nigeria?
A tier 1 account is basically a bank account that you can open without any form of documents, you can easily open this account with just your passport photograph.
A tier 2 account can be opened with at least your ID card and a passport photography, it is slightly better than a tier 1 account, but still has its limits.
A tier 3 account is one that requires documents like your utility bill, national ID card, passport and know your customer (KYC) requirements, this account does not have limits.
Requirements to upgrade your bank account in Nigeria
The follow are the things you will need to upgrade your bank account in Nigeria:
- An ID card which includes permanent voter’s card, driver’s license, national ID card or international passport
- Last 3 months’ utility bill like NEPA bill, rent bill or any other bill
- One or two passport
Once you have the above requirements, you will need to walk into the nearest bank branch, depending on the bank you are a customer of.
How to upgrade your bank account in Nigeria (Step by step)?
The first step is to walk into the nearest bank branch (depending on your bank), walk straight to the customer service department, and tell them that you want to upgrade your bank account.
The customer service department representative will then ask you if you have all the necessary requirements, and once you confirm that you do, they will issue you an account upgrade form.
The account upgrade will require some certain information like your full name, your address, account number, type of account, bank verification number, phone number and more.
Make sure that you fill the form correctly and check everything before you submit to the customer service, make sure you ask questions if you are confused about anything. Once they validate everything, they will process your request.
You should wait for the representative to check everything and you can only go, if they ask you to.
Read my post on zenith bank cardless withdrawal
Once everything is done correctly, your account should be upgraded in not more than 24 hours. You can always call the customer care to confirm if your account has been upgraded.
Frequently asked questions (FAQs)
How long will it take to upgrade my bank account?
Usually, it should not take more than 24 hours. You can always call the customer care to confirm if your account has been upgraded.
How do I know If my account has been upgraded?
You can always call the customer care to confirm if your account has been upgraded.
Can I upgrade my bank account online?
For now, I don’t think it is possible, you will have to go to the bank to get it upgraded.
How much do I need to upgrade my account?
Upgrading your account is free, all you need is the above requirements.
Summary
With the above, you can easily upgrade your bank account, it is basically the same on all Nigerian banks, and if there is any difference, it will be very small.
Follow the above instructions and you will easily be able upgrade your bank account.
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Conclusion
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