ASSETS SCHOOL ACCOUNT MANAGEMENT (ASAM)
This account is for Proprietors/ proprietress that assist in organising the financial system of the school
- Minimum opening amount for School 2,500 Naira
- Minimum balance for School 2,500 Naira
- Each Staff will have an account under the school umbrella i.e Current Account
- Minimum balance of 500 Naira for staff
- Each Staff and school will be given a Cheque Book.
- Interest rate will be 7% p.a
- Staff / School can lodge in cheque
- Staff/School can lodge in dividend warrant.
- Staff can lodge in money order.
- 10% p.a On school accounts (provided they did not withdraw more than thrice per month).
- Staff and Properties are entitled to consumer lease
- Staff can be given career/ academic development loan.