One of the reasons most people patronize Guarantee Trust Bank (GT Bank) is simply because of their powerful customer support. As in most standard companies, GT Bank’s customer service department has become one of the bank’s valued assets.
To be fair, GT Bank has come a long way in the banking sector – thanks for the modern technology and the presence of sophisticated banking services and products. Some of its products and services include POS, GT Swift Mailer, cash collection implants, ATM, SMS banking and more.
The bank is a leading innovative institution to become one of the strongest banks in Nigeria. With total assets in excess of Naira 1.5 trillion, revenues in excess of Naira 170 billion and outstanding customer service, Guaranty Trust Bank is a bank after bank within Nigeria.
The financial institution offers different account types from checking account to savings account. If you want to open an account with GTBank in Nigeria, just follow a very simple step and you should have an account ready in a few days.
Requirements for opening an account with Guarantee Trust Bank
1. Proof of Address: This is usually in the form of a utility bill. This address is the same as the address you wish to use as your contact address with the Guarantee Trust Bank. The electricity bill should not be older than 3 months. Examples: PHCN bill, your water company bill, or Lagos Waste Management Authority (LAWMA) bill.
3. Two Arbitrators: This depends on the type of account you request for. You don’t need a reference for a savings account, but for a checking account or business account, you need two references in addition to the first two requirements.
4. A copy of the utility bill : This is very important when opening an account. Typically, customers are asked to bring a copy of their utility bill (electricity bill, water bill, etc.) issued within the last three months to the account opening.
Guarantee Trust Bank Nigeria does not normally require an initial deposit when opening a standard account.
Processes when opening a bank account for guarantee trusts
1. Go into any of the Guarantee Trust Bank branches and direct them for the customer service area (usually towards the main entrance) and inform the staff that you wish to open an account with them and they should give you a form to Offer to fill out (note that you can also download this form online from GTBank official website (Click here to download GTBank individual account opening form)
Fill out the form carefully including your contact address that matches your utility bill. Then send the form to the staff. You are expected to direct any questions to the staff if at any point you are confused and even if you cannot spell properly they should be able to assist you as best they can.
See also: How to Operate GTB Mobile Money – Guarantee Trust Bank Plc
2. Send the form to the staff and that should be it. You should receive an account opening notification within 1-2 weeks informing you of your new account details.
It is not mandatory that you use your home address. You can also use your office/work address as long as the address is verifiable and matches that on your utility bill.
Guarantee Trust Bank also offers Nigerians who are non-residents of Nigeria to easily create an account that you call Non-ResidentNigerian (NRN) account services. This gives Nigerian residents access to a wide range of products and services.
Click here to learn how to open a GT bank account if you are a Nigerian living abroad
GT Bank also operates and offers a student account platform for customers who intend to open an account online from the comfort of their own home. The effectiveness of online banking cannot be overstated. The reason why GTBank takes the lead in this course.
The bank’s platform where intended customers can conveniently open their account is called “Account Opening Web Engine”.
Types of accounts that customers can choose from are Individual Account, GTSave Account, SKS Savings Account and Individual Residential Account. The type of account that customers want to select will determine the receipt or request that will be required from the bank.
Customers who intend to do so should still contact their nearest GTBank branch for more information about their account as not everything can be done online.