After topping up via the stanbic mmf online platform, how long does it take for it to reflect in ur mmf acc. tnx

chinexex:


The ARM Money Market Fund offers a higher interest rate on your savings than a traditional savings account.

And it doesn’t have to be long term; the ARM MMF allows you quick access to your money, competitive interest rates, regular tax free returns and expert fund management.

You can start with a minimum of N5, 000.

The fund invests in:
*Government securities: 25% – 95%
*Other money market instruments: 5% – 75%
*Bankers’ Acceptances, certificates of deposits, commercial papers, collaterised repurchase agreements etc.

It's safe and less risky.

Benefits
-------------------
*Preserve capital
*Quarterly interest payments
*Easy and flexible entry and exit
*Competitive interest rates.


How to Begin:

You would need the following:

Visit www.arminvestmentcenter(dot)com

*Fill the form
*Attach copies of your passport photo
*Copy of picture page of identification(e.g. International Passport, Driver’s License)
*Utility bill (for minors, a scanned copy of parent’s ID, Utility bill and minor’s birth certificate.)

An MMF account will be created on successful verification of the requested documents.

You can credit your account with the desired amount of choice by making payment/online transfer to the specified account on their site.

#HappyInvesting

thank you sir

Adayoung:
After topping up via the stanbic mmf online platform, how long does it take for it to reflect in ur mmf acc. tnx

Latest Within 24hours it will reflect.. If you top up before 12pm you should see the funds by evening.. But within 24hours it should reflect ....

dadebayo1:


Latest Within 24hours it will reflect.. If you top up before 12pm you should see the funds by evening.. But within 24hours it should reflect ....

Thanks

chinexex:


I registered with these three .... ARM, FBN and STANBIC MMF

So far, ARM has good customer service, offer good rates, transparent platform, interest is updated daily.

FBN offer higher rates sometimes, and updates interest daily too.

For STANBIC, i can't say much as i abandoned them after attempts to open an account failed despite series of mails providing all the necessary documents.

The last email i got from stanbic was an account details i was to make a transfer to so as to top-up an account that was not yet created for me.

great!
keep em coming..

i no want crowd at Stanbic..
make una try ARM O...

REMEMBER investment One dey One-Corner..

Hey all,
Thanks for all the info on this thread. I've been doing contribution in my place of work and I want to use the bulk money to invest in mmf. I have a few questions
- between arm and stanbic which is better? Or should I split the money and do both?
- my driver's license expired this month. Can I still use it to register for mmf?
Thanks for the anticipated response.

RealityShot:
great!
keep em coming..

i no want crowd at Stanbic..
make una try ARM O...

REMEMBER investment One dey One-Corner..

Lol.
There's no such thing like overcrowding in MMF.
Any of the fund management outfit is ok.

It all depends on the one that fits your investment goals.

Besides, Stanbic AsstMgt is one of the largest investments Banks hence they control alot of funds and crowd too.

sassy92:
Hey all,
Thanks for all the info on this thread. I've been doing contribution in my place of work and I want to use the bulk money to invest in mmf. I have a few questions
- between arm and stanbic which is better? Or should I split the money and do both?
- my driver's license expired this month. Can I still use it to register for mmf?
Thanks for the anticipated response.

You can use your contribution funds to start MMF as long as it is your money and not a borrowed one.

I suggest you try both ARM and Stanbic but make good research on which fits your investment strategy.

It's ok to have at least one. Then come back here later to share your experiences with the house for the benefit of all.

As for your expired driver's licence, you will need to renew it or simply make use of your valid national id card, passport or voter's card.

Can someone narrate his experience with the online instant account?

Good job by everyone here.
I joined the thread today. Normally, I should read through the whole thread. But because of time factor, I can't for now.
Please, can someone just list 3 guaranteed and/or working mutual funds? Their website? How to start (if I need to open an account with them or I can pay via GT transfer)? Their percentage return? And what to look out for?

I recently lost some investment, so I want to thread with more diligence this year.

I would appreciate your contributions...

Thanks.

Newbielearner:
Good job by everyone here.
I joined the thread today. Normally, I should read through the whole thread. But because of time factor, I can't for now.
Please, can someone just list 3 guaranteed and/or working mutual funds? Their website? How to start (if I need to open an account with them or I can pay via GT transfer)? Their percentage return? And what to look out for?

I recently lost some investment, so I want to thread with more diligence this year.

I would appreciate your contributions...

Thanks.

That is enough reason for me to read the whole pages if I were you.

Please professionals in the house with very good knowledge about stanbicibtc mmf kindly help explain" realized interest " i noticed apart from the normal everyday interest credit top up by mmf on my account i have recieved credit from "realized interest" also.. Just want to know what it is all about. Thank you

Agbaletu:

That is enough reason for me to read the whole pages if I were you.

That's not a problem solver's answer.
Thanks for your self considered contribution.

I believe someone else would be impactful.

sassy92:
Hey all,
Thanks for all the info on this thread. I've been doing contribution in my place of work and I want to use the bulk money to invest in mmf. I have a few questions
- between arm and stanbic which is better? Or should I split the money and do both?
- my driver's license expired this month. Can I still use it to register for mmf?
Thanks for the anticipated response.

why not go to any nimc office n get a NIN SLIP

chinexex:


You can use your contribution funds to start MMF as long as it is your money and not a borrowed one.

I suggest you try both ARM and Stanbic but make good research on which fits your investment strategy.

It's ok to have at least one. Then come back here later to share your experiences with the house for the benefit of all.

As for your expired driver's licence, you will need to renew it or simply make use of your valid national id card, passport or voter's card.

if the interest is less than 10% I c no issue wit borrowed money

which one be investment one dey one corner, abeg explain further.

RealityShot:
great!
keep em coming..

i no want crowd at Stanbic..
make una try ARM O...

REMEMBER investment One dey One-Corner..

Who else is involved in balance fund. Whats interest rate like ?

chinexex:


Lol.
There's no such thing like overcrowding in MMF.
Any of the fund management outfit is ok.

It all depends on the one that fits your investment goals.

Besides, Stanbic AsstMgt is one of the largest investments Banks hence they control alot of funds and crowd too.

this is NIGERIA!
an overcrowded Nation!
wit millions of people with overcrowding mentality!

its not just the system that will fail..
the workers will breakdown first!

i remember back then in UNiv.. Crowd was so much a guy climbed on others & got his arms sliced on the window glass just becaus he wanted to finish SHARP SHARP!

1 week later.. I walked to that place submitted my forms with ZERO que. I was NOT late..Others submitted months later!
but overcrowding mentality sent that dude to clinic!

LOOK..before you know it they will start borrowing money to put in MmF and soon they realise they are not getting 14% monthly and they will call it FRAUD AND START RUNNING OUT LIKE BEES

Dianeetdiana:


which one be investment one dey one corner, abeg explain further.

have you heard the song "one corner"? I was joking..lol

i mean Investment One is yet another option for MMF.

ahh.. Make i top up my stanbic mmf small now now jarre...

since i started mmf i sleep well!
No more fear and checking account per minute!
eM..eM..eM...

RealityShot:
have you heard the song "one corner"? I was joking..lol

i mean Investment One is yet another option for MMF.

ahh.. Make i top up my stanbic mmf small now now jarre...

since i started mmf i sleep well!
No more fear and checking account per minute!
eM..eM..eM...

Hi,

Talking about topping up SIBTC MMF, I also thought of topping up this morning but I realized, there has been a steady downward trend in the interest rates.

Joined last year when it was 18% but its now about 15% which no longer looking as attractive as it earlier was.

For additional funds for topup, I am considering other options such as Balanced Funds (higher risk appetite but might be worth it in the end).

Guys, what's your take on the MMF rates decline, is it seasonal and will pick up later or its totally unpredictable?

you are funny

RealityShot:
have you heard the song "one corner"? I was joking..lol

i mean Investment One is yet another option for MMF.

ahh.. Make i top up my stanbic mmf small now now jarre...

since i started mmf i sleep well!
No more fear and checking account per minute!
eM..eM..eM...

Adayoung:
After topping up via the stanbic mmf online platform, how long does it take for it to reflect in ur mmf acc. tnx

Hope the fund is reflecting now?

bw ARM MMF n STANBIC MMF which is better

yak:
bw ARM MMF n STANBIC MMF which is better

StanbicIBTC

dotcomnamename:



StanbicIBTC

from dere site, I noticed I would need to visit their physical office to open the investment but can top up online. is dere a way around?

yak:



from dere site, I noticed I would need to visit their physical office to open the investment but can top up online. is dere a way around?

You can open it via the app. You need to visit Thier office when your investment is over 500k

yak:



from dere site, I noticed I would need to visit their physical office to open the investment but can top up online. is dere a way around?

You don't have to visit their office even if your investment is over 1 million naira.

I am a Nigerian in diaspora and i did it from here. You don't have to go to their office. You can just send them an email requesting for Mutual Funds (MMF) application form. They will tell you what next to do.

amblors:


You can open it via the app. You need to visit Thier office when your investment is over 500k

thanks

learned0007:


Hi,

Talking about topping up SIBTC MMF, I also thought of topping up this morning but I realized, there has been a steady downward trend in the interest rates.

Joined last year when it was 18% but its now about 15% which no longer looking as attractive as it earlier was.

For additional funds for topup, I am considering other options such as Balanced Funds (higher risk appetite but might be worth it in the end).

Guys, what's your take on the MMF rates decline, is it seasonal and will pick up later or its totally unpredictable?

It's still high @ 15% bc TB is less than 12% yes this is the time to try other funds depending on ur risk appetite, diversify ur portifolio