Feeling trapped with little sources of income? Are you prepared to get more out of your money?

In Nigeria today people are always looking for a way to reduce cost and expenditure by utilizing the best accounts and investment there is to offer.

The e-Barcs Selense current account offers several advantages to its customers:

The Zero Commission on Turnover (COT) feature of the e-Barcs Selense current account means that customers don't have to pay any extra fees for transferring money in or out of the account. Whether they’re depositing funds, making payments, or transferring money to someone else, there are no charges added to those transactions.

This is especially beneficial because it removes the worry of hidden costs or extra fees that many other accounts might apply to transfers. So, customers can move their money freely without the concern of paying additional charges each time they conduct a transaction

The No Account Maintenance Fee (AMF) means that customers don't have to pay any regular fees just to maintain their account. Many banks charge a monthly or annual fee to keep an account active, which can add up over time. With the e-Barcs Selense current account, there are no such charges, making it more affordable for customers.

This feature is particularly advantageous for people who don’t want to deal with constant fees for simply having an account open. By removing this cost, the account becomes a more budget-friendly option compared to other accounts that may require you to pay maintenance fees, regardless of how much or how little you use the account.

Free Transfers means that customers can send money from their e-Barcs Selense current account without paying any additional fees. Whether they're transferring money to another account, paying for goods or services, or sending funds to someone else, they won't be charged for these transactions.

This is a major benefit because many other banks charge fees for transfers, especially for international or external transactions. By offering free transfers, the e-Barcs Selense account helps customers save money every time they need to move funds, making it a more economical choice for anyone who frequently transfers money.

The Minimum Balance Requirement of 20,000 means that customers need to keep at least 20,000 in their e-Barcs Selense current account at all times to ensure it remains active. This is the only requirement to access all the account's benefits, such as no fees for transactions, account maintenance, and transfers.

In simpler terms, as long as the customer maintains the 20,000 minimum balance, they can enjoy all the features of the account without worrying about any hidden fees or charges. The account provides a cost-effective solution for managing finances, allowing customers to perform transactions, maintain the account, and make transfers without incurring any extra costs, provided they meet the balance requirement. It’s an affordable option with just one simple condition to keep the account running smoothly.

This account appears to be a type of current or transaction account that combines a few key benefits:

Low Transaction Costs: The account is designed to minimize the costs associated with moving or accessing your money. Whether you're withdrawing funds, making transfers, or performing other banking activities, you incur little to no fees, which makes it more cost-effective for users.

Maintaining Credit Levels: By using this account responsibly, it helps you maintain or improve your credit score. This could be due to features such as reporting your account usage to credit bureaus, encouraging on-time payments for loans or bills, or even offering a credit line attached to the account.

Maximizing Savings: The account encourages people to save by offering competitive interest rates or rewards. It's set up to maximize savings benefits by discouraging unnecessary withdrawals and rewarding users who keep their money in the bank, helping it grow over time.

Convenient for Emergencies: This type of account also serves as a safety net for life's unexpected expenses like emergency loans, rent payments, utility bills, or other essential costs. By keeping funds in the account, you can quickly access money when urgent financial needs arise.

In essence, this account aims to balance accessibility, savings growth, and financial stability, making it a good choice for people looking to build their savings while staying prepared for unexpected financial needs.