Banking Built for Lagos
Join thousands of businesses and individuals who trust Lagos Bank for fast, secure, and modern financial services. Open an account in minutes and experience banking designed for Nigeria's economic heartbeat.
Trusted by Leading Organizations
Why Choose Lagos Bank
- CBN Licensed Fully licensed and regulated by the Central Bank of Nigeria with comprehensive NDIC deposit insurance protection
- 24/7 Support Round-the-clock customer service in English and Yoruba via phone, email, and in-app chat
- Instant Transfers Real-time transfers across all Nigerian banks with zero delays using our advanced payment infrastructure
- Secure Platform Bank-grade encryption, biometric authentication, and fraud monitoring to protect your money and data
Everything You Need to Succeed
Business Accounts
Tailored accounts for SMEs and enterprises with multi-user access, expense management, invoicing tools, and dedicated relationship managers. Accept payments via cards, transfers, and USSD.
Personal Banking
Zero-fee savings and current accounts with competitive interest rates, free debit cards, and instant account opening. Manage everything from our mobile app with biometric login.
Instant Loans
Get pre-approved personal and business loans up to ₦10 million with flexible repayment terms. Apply in-app and receive funds within 24 hours with transparent interest rates.
Investment Products
Grow your wealth with fixed deposits, treasury bills, mutual funds, and dollar-denominated accounts. Start investing from as low as ₦10,000 with expert guidance.
Get Started in Minutes
-
01
Choose Your Account
Select from personal savings, current, business, or domiciliary accounts based on your needs. All accounts come with free debit cards and full mobile banking access.
-
02
Verify Your Identity
Upload your BVN, valid ID (driver's license, international passport, or national ID), and proof of address. Our secure system verifies documents instantly using CBN-approved KYC protocols.
-
03
Fund Your Account
Make your first deposit via bank transfer, card payment, or visit any of our 25 branches across Lagos. Minimum opening balance is just ₦1,000 for personal accounts.
-
04
Start Banking
Access your account immediately through our mobile app, internet banking, or USSD. Transfer money, pay bills, buy airtime, and manage investments from anywhere.
Banking at Scale
Success Stories from Our Community
We switched to Lagos Bank for our retail operations and cut transaction costs by 40%. Their business account integrates perfectly with our POS systems across all 12 locations, and the instant settlement means better cash flow management.
As a startup accelerator, we needed a bank that understands the tech ecosystem. Lagos Bank's API banking lets us automate stipend payments to 200+ founders, and their startup-friendly loan products have helped our portfolio companies scale faster.
Managing foreign exchange for our import business used to be a nightmare. Lagos Bank's trade finance team and domiciliary accounts have streamlined our international payments, saving us weeks of processing time and thousands in fees.
Frequently Asked Questions
How long does it take to open an account?
Most customers complete account opening in 10-15 minutes. Once you submit your BVN and valid ID, our system verifies your information instantly. Your account number is generated immediately, and you can start banking right away. Physical debit cards are delivered within 3-5 business days to your registered address in Lagos.
What documents do I need to open an account?
For personal accounts: valid BVN, government-issued ID (international passport, driver's license, or national ID card), and proof of address (utility bill or tenancy agreement). For business accounts: CAC registration documents, directors' IDs and BVNs, business address proof, and board resolution authorizing account opening.
Are my deposits insured?
Yes, all deposits at Lagos Bank are insured by the Nigeria Deposit Insurance Corporation (NDIC) up to ₦500,000 per depositor. We are fully licensed and regulated by the Central Bank of Nigeria, ensuring your funds are protected under Nigerian banking regulations.
What are your transfer limits?
Personal accounts have daily transfer limits of ₦1 million via mobile/internet banking and ₦5 million via branch. Business accounts start at ₦10 million daily, with higher limits available upon request. All limits can be adjusted based on your transaction history and account verification level.
Do you charge for transfers to other banks?
Personal accounts get 50 free transfers monthly to any Nigerian bank; additional transfers cost ₦10 each. Business accounts get 500 free transfers monthly. Enterprise accounts enjoy unlimited free transfers. All internal transfers between Lagos Bank accounts are always free and instant.
Can I open a dollar account?
Yes, we offer domiciliary accounts in USD, GBP, and EUR for both personal and business customers. These accounts are perfect for receiving international payments, managing foreign currency, and international trade. Minimum opening balance is $100 or equivalent, with competitive exchange rates for conversions.
How do I contact customer support?
Reach us 24/7 via phone at +234 1 234 5678, email at hello@lagosbank.ng, in-app chat, or visit any of our 25 branches across Lagos. We offer support in English and Yoruba. Average response time is under 2 minutes for urgent issues.
What loan products do you offer?
We offer personal loans (₦50K - ₦2M), salary advance loans, SME loans (up to ₦10M), asset financing, trade finance, and invoice discounting. Interest rates start from 18% p.a. depending on loan type and your credit profile. Pre-qualified customers can access instant loans through the mobile app with 24-hour disbursement.
Plans for Every Need
| Features | Personal | Business | Enterprise |
|---|---|---|---|
| Account Features | |||
| Monthly Fee | ₦0 | ₦2,500 | Custom |
| Free Transfers/Month | 50 | 500 | Unlimited |
| Debit Card | Free Verve | Free Mastercard | Premium Cards |
| Overdraft Facility | — | Up to ₦5M | Custom Limits |
| Digital Banking | |||
| Mobile & Internet Banking | ✓ | ✓ | ✓ |
| USSD Banking | ✓ | ✓ | ✓ |
| API Access | — | ✓ | ✓ |
| Dedicated Account Manager | — | — | ✓ |
| Lending & Investment | |||
| Loan Access | Up to ₦500K | Up to ₦10M | Custom |
| Savings Interest Rate | 3.5% p.a. | 4.0% p.a. | Negotiable |
| Investment Products | Basic | Standard | Premium |
Ready to Transform Your Banking Experience?
Over 250,000 Lagosians trust us with their financial future. Whether you're building a business, saving for tomorrow, or managing daily expenses, Lagos Bank gives you the tools, security, and support to succeed. Open your account today and experience banking that works as hard as you do.