Best answer: Is Diamond extra a savings account?

Visit any Diamond bank branch and open a Diamond xtra savings account with a minimum of #5000 and increase your balance with a minimum of #5000 every month. The more multiples of #5000 you save, the higher your chances of winning.

Is Diamond Extra account a current account?

DiamondXtra is an interest yielding hybrid account – a combination of both savings and current account features – which allows the deposit of both cash and third party cheques.

How does DiamondXtra account work?

DiamondXtra is an interest yielding hybrid account which allows deposit of both cash and third party cheques. Hybrid means a combination of both savings and current account features.

What is diamond account?

DIAMOND Current Account is ideal for Elite Businessmen, Top Professionals, Large Traders etc. operating across the country handling bulk cash transactions and processing Large number of payments & collection transactions. It provides most of the services free or at very low transaction cost.

How much can Diamond Savings Account contain?

The bank you work with manages the accounts on your behalf, making sure no one account holds more than the $250,000 limit. You get the convenience of only seeing the main account and being able to withdraw or deposit money at one location.

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How do I check my Diamond extra balance?

Diamond Bank USSD Code to Check Account Balance

  1. To check your Diamond bank account balance, dial *710*556*PIN# on your phone.
  2. Another way to check is using the 16 digits of your ATM card. Dial 0700-300-0000 and press 1 to see account balance option, insert your 16-digit number followed by the # key.

What is the maximum amount for savings account in Nigeria?

The Most Amount of Money a Savings Account Can Hold in Nigeria

Banks Max Amount a Savings Account Can Hold
Guarantee Trust Bank (GTB) N5,000,000
United Bank of Africa (UBA)
Zenith Bank Plc
Fidelity Bank N4,000,000

What is Diamond category in SBI?

Platinum: Above Rs 1,00,000. Diamond: Above Rs 50,000 and upto Rs 1,00,000. Gold: Above Rs 20,000 and upto Rs 50,000. Silver: Between Rs 5,000 and upto Rs 20,000.

What is diamond dollar account?

DDAs are dollar denominated current accounts that can be opened with banks in India by firms and companies dealing in purchase / sale of rough or cut and polished diamonds / precious metal jewellery plain, minakari and / or studded with / without diamond and / or other stones.

How do I get a diamond account?

Opening an Account with Diamond is Easy!

There are several options for obtaining Diamond’s New Account Application:

  1. Submit a copy of the New Account application with an e-signature via this link.
  2. Download a PDF version of the Account Application.
  3. Request a New Account Packet to be emailed to you.

What bank accounts do millionaires use?

1. They Stick With Big-Name Banks. High-net-worth individuals often turn to same national banks that the rest of us use to meet our banking needs. Behemoths such as Bank of America, Chase and Wells Fargo are all popular choices for the ultra-wealthy.

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What is the maximum limit of savings account?

1] Savings/Current account: For an individual, the cash deposit limit in savings account is ₹1 lakh. If a savings account holder deposits more than ₹1 lakh in one’s savings account, then the income tax department may send income tax notice.

What is a Tier 2 bank account?

Tier 2 capital includes undisclosed funds that do not appear on a bank’s financial statements, revaluation reserves, hybrid capital instruments, subordinated term debt—also known as junior debt securities—and general loan-loss, or uncollected, reserves.