Scribd
Upload
2K views

Application For Nigeria Government Treasury Bills: To: Zenith Bank PLC

This document is an application for Nigeria Government Treasury Bills submitted to Zenith Bank PLC. The applicant provides their name, address, account number and requests the bank to purchase Treasury Bills on their behalf. They specify the face value, rate option of either their bid rate or the bank's bid rate, and the tenor of 91, 182 or 364 days. The applicant authorizes the bank to debit the specified account for the face value and hold the funds until purchase. Upon maturity, the investment will be returned to the applicant's account. The bank section confirms the account debit.

Uploaded by

ChidiOkolo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2K views

Application For Nigeria Government Treasury Bills: To: Zenith Bank PLC

This document is an application for Nigeria Government Treasury Bills submitted to Zenith Bank PLC. The applicant provides their name, address, account number and requests the bank to purchase Treasury Bills on their behalf. They specify the face value, rate option of either their bid rate or the bank's bid rate, and the tenor of 91, 182 or 364 days. The applicant authorizes the bank to debit the specified account for the face value and hold the funds until purchase. Upon maturity, the investment will be returned to the applicant's account. The bank section confirms the account debit.

Uploaded by

ChidiOkolo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

TO: ZENITH BANK PLC

_________________________________________ BRANCH DATE: ____________________________________________

APPLICATION FOR NIGERIA GOVERNMENT TREASURY BILLS


CUSTOMER’S NAME: _____________________________________________________________________________________________________

ADDRESS: _________________________________________________________________________________________________________________

ACCOUNT NO: ____________________________________________________________________________________________________________

I/We the under-signed hereby request Zenith Bank Plc (hereinafter called the Bank) to purchase on my/our behalf
Nigeria Government Treasury Bills under the stated terms and conditions.

FACE VALUE: …………………………………………………………………………………………………….…………….....................

AMOUNT IN WORDS: …………………………………………………………………………………………………..……..………….....

……………………………………………………………………………………………………………………………………………………….

RATE: OPTION (A) CUSTOMER BID RATE % (State rate if preferred option is A)

OPTION (B) BANK BID RATE* (Kindly tick preferred option)

TENOR: 91 DAYS 182 DAYS 364 DAYS (Kindly tick preferred option)

SOURCE OF FUNDS: CURRENT/SAVINGS/FIXED DEPOSIT A/C MATURED T-BILLS

I/We hereby authorize the Bank to debit my/our Current/Savings/Deposit Account No ________________________ _____
with the face value of the investment.

I/We further authorize the Bank to debit my/our account and set aside the sum pending when the investment is
concluded. I/We confirm that the fund so set aside for the investment shall not attract interest during the period prior
to the purchase of the Treasury Bills. Interest shall similarly not be payable by the bank if the Treasury Bill could not be
purchased for any reason.

A Confirmation letter will be forwarded to you upon the success of your bid.

Please note that this investment will be fully terminated into your account upon maturity.

*By ticking this option (B), I/We hereby accept unconditionally the rate bidded by the Bank on my/our behalf.
Signature/Company Seal if applicable: ___________________________________ ____________

BANK USE ONLY:

BRANCH/ACCOUNT OFFICER’S CONFIRMATION


I hereby confirm that the customer’s account has been debited accordingly.

___________________________________________ _______________________________________________
ACCOUNT OFFICER BRANCH HEAD
(NAME & SIGNATURE) (NAME & SIGNATURE)

You might also like