This is a product in which staff of schools/establishments who maintain their main / capital account in the bank have their salaries paid. There is a special package to accommodate shortfalls within pre-determined limits if the institution cannot meet the full credit balance for the affected salaries. We consequently take the pressure of the institution’s management pending improvement in their cash flow.
School Fees Management
This is a service where the bank assists schools to collect school fees of pupil/students directly from parent/guardians thereby taking away the risk of cash handling and ensuring proper financial accountability.
This involves training programmes, awareness/sensitization workshops and post loan monitoring carried out to ensure that the bank’s services add value to the customers.