How to upgrade my GTbank account from student account
In this guide on upgrading your GTbank student account, we will cover several key areas. The primary account types offered are savings accounts and current accounts. Additionally, GTbank categorizes its accounts into different tiers.
There are three levels: the first tier, the second tier, and the third tier. These levels are designed to limit the overall sum of money that can be held in your bank account.
A description of the first tier account indicates that it can hold a maximum balance of 250,000 naira. It’s important to remember that you cannot deposit the entire amount all at once, as this is prohibited. Instead, you can choose to deposit smaller amounts, such as 50,000 naira at a time.
Overall, you need to make sure that the total funds deposited into your account do not exceed 300,000 naira. The amount must be at or below that limit.
The basic tier account can impose significant restrictions when handling larger sums of money. Additionally, it’s important to be aware that if any of the account regulations are violated, the account could be immediately suspended. To enable your account to manage larger amounts, you’ll need to consider upgrading it.
The steps below outline methods to accomplish this task.
You can visit a nearby GTB branch. If you choose this option, please adhere to the following steps:
- Gather all the necessary paperwork.
- To prevent delays, make sure to arrive at the bank early.
- Speak with one of the bank representatives in the customer service area.
- Submit a request to upgrade your account.
- You will then receive a form that you need to complete.
- Attach the required documents to the form.
- Return the completed form to the representative.
How to upgrade my GTbank account from student account online
You also have the option to upgrade online. To upgrade your GTbank account from a student account online, follow the instructions below:
- Visit www.gtbank.com.
- If you are a first-time user, you will need to create a new account. To do this, click on the ‘Register’ button. Existing users can proceed directly to the next step.
- Log in using your username and password. Your username may be your email address, account number, phone number, or customer ID.
- Once logged in, select the ‘Self-service’ option located at the bottom of the page.
- Next, click on the ‘Account Upgrade’ button to select the service you require.
- Enter your account number and your bank verification number. If you encounter the term ‘NUBAN,’ it refers to your account number.
- Press the ‘Submit’ button to complete the process.
- You will be prompted to choose which tier you wish to upgrade your account to, with options for the second or third tier.
Keep in mind that the third tier is the most advantageous, as it imposes no limits on the amount of money that can be maintained in your account.
An OTP code will be created and sent to the phone number linked to your account. Once you receive the OTP, enter it into the designated field in the app.
The code typically has a short validity period, often lasting only ten minutes. If you need a longer duration, you’ll have to create a new code.
Requirements to upgrade my GTbank account
Additionally, you will need to provide one of the following documents for verification purposes.
- Bills for utilities
- Certificates of marriage
- Publications from newspapers
- Additional necessary paperwork.
- After that, press the ‘Submit’ button to complete this stage.
To upgrade to a tier three account, you will need the documents listed below:
- Your voter’s registration card, National Identity card, international passport, or driver’s license are all effective means of verifying your identity.
- You’ll also need your bank verification number, which consists of a unique sequence of eleven digits that the bank uses to recognize you.
- Additionally, please provide two passport-sized photos.
- A recent utility bill, issued within the last three months, is required as it serves as evidence of your residential address.
If you wish to move to a second-tier account, you can forgo the last item on the list. However, it is recommended to upgrade directly to a third-tier account, as this can significantly reduce the hassle of having to repeat the process later on.
Gtbank student account limit
It’s important to be aware that for first-tier GTBank accounts, commonly referred to as student accounts, the maximum amount you can deposit in a single transaction is 50,000 naira, with a total balance limit of 300,000 naira. In the case of tier two accounts, you can make a maximum one-time payment of 100,000 naira. Meanwhile, third-tier accounts do not have any restrictions on the amount you can deposit at once.