NOVA SME Account
Get NOVA SME Account, a business current account designed for Small and Medium Enterprises.
About NOVA SME Account
The NOVA SME Account is a business current account designed for Small and Medium Enterprises (SMEs), sole traders, and entrepreneurs. It is tailored for individually owned businesses, allowing owners to separate personal and business finances while efficiently managing daily transactions and business operations.
- Operated in the registered business name
- Designed for sole proprietors and small business owners
- Supports frequent deposits and withdrawals
- Cheque book facility available
- Access to internet and mobile banking
- Enables business payments and collections
- No minimum balance requirement
- Third-party transactions enabled
- Zero interest account structure
- Access to POS services for merchants and agents
- Eligibility for business loans with flexible repayment options
- Certificate of Business Name Registration (CAC)
- Valid government-issued ID of the sole proprietor
- BVN and NIN
- One recent passport photograph of the proprietor
- Proof of business or residential address (utility bill not older than 3 months)
- Two satisfactory referees
- Completed account opening form (online or branch submission)
Open a NOVA SMEPlus Account to get started today
You’re just a few clicks away from smarter, simpler business banking. Or visit any NOVA Bank branch near you.