DAVIDOLAWALE:
pls how did you arrive @#160.00 daily.
is this not too small

r4blessing:


That's so not true. Have been operating my money market account with them since last year and Axa has never done same day subscription for me. Even when I subscribe as early as 8am that day. I have tried with the app and bank transfer with my name and account id and it's always the same Story.

For me Stanbic still remains the best, same day subscription and redemption.

FBNQuest Capital is terrible. Subscription takes a minimum of 48hours, that's if u are lucky a enough to do it on a weekday and not too close to the weekend (Friday), in that case it takes more than three days. Redemption is even worse, sometimes u have to follow up with emails and calls. It's borderline terrible.

Emedu:



You are right! Send the payment evidence to an account offi

Etimocracy:


Its simple arithmetic. S.I=PRT/100. In this case the Principal (P) is 450k, interest rate (R) is 13, time is (1) year. Subsequently divide ur result above by 365 (total days in a year) to ascertain the interest inflows per day.
I hope I've expounded more on this.
Furthermore, multiply #162 by 30 days, the result is what u ought to receive per month.

reservd:

That is so untrue, y spread false stories, I'v been wit fbnquest since 2015, my subscription gets into my acct same day as long as I make d deposit bfr 12noon, my redemption have always come on d 3rd day after requesting counting frm d day I requested, I dnt hv any ish wit dt as it has been stated it takes 3 to 5 working days to credit ur account. I request fr acct stmt via email to their customer care and I get it within the hour, this has been my experience fr over 4yrs Now, I dnt Knw whr u got ur own experience frm

234ng44uk:


I can barely understand what you wrote but I think you mean to say FBN offers same day subscription but redemption takes 3 days. Like I said, I don't know about redemption because I'm yet to redeem. Even at that, 3 days isn't a gold standard as there are assets managers that offer same day redemption. Your same day funding experience is yours. Mine took 2 days to fund and interest payment didn't commence until the 3rd day. Meaning that my fund was idle for 3 days despite funding from their edge app. That is my experience.
Don't come here to tell us another person's experience is lies, how much commission are you getting? Some of us have no alliance with any fund manager, we're just laying the facts bare. Instead, tell us what you've done differently that made your funding same day. Did you pay by bank transfer rather than app for instance?

reservd:

Brother, I told u I have been wit them for 4yrs Now and I dnt know what u mean by how much I'm been paid. I have laid down my own experiences with them. I pay by bank deposits and scan d slip via email to their customer care. If d payment was made in the morning, ur allocation wil surely b done same day

234ng44uk:


Then it would be a good idea to try payment by bank deposit/transfer and see if paying from their edge app caused the delay. I'll try this and update the house.

234ng44uk:


I can barely understand what you wrote but I think you mean to say FBN offers same day subscription but redemption takes 3 days. Like I said, I don't know about redemption because I'm yet to redeem. Even at that, 3 days isn't a gold standard as there are assets managers that offer same day redemption. Your same day funding experience is yours. Mine took 2 days to fund and interest payment didn't commence until the 3rd day. Meaning that my fund was idle for 3 days despite funding from their edge app. That is my experience.
Don't come here to tell us another person's experience is lies, how much commission are you getting? Some of us have no alliance with any fund manager, we're just laying the facts bare. Instead, tell us what you've done differently that made your funding same day. Did you pay by bank transfer rather than app for instance?

Damilola72:
Please am trying to pay into my Stanbic IBTC mutual funds with the application,I don't know how to go about it...I will appreciate a step by step help

kendsage:
Yea. Everyone's experience with FBNquest is different so it wont be appropriate to say someone else's experience is a lie.Please let us respect each other as we are all here to learn and improve. I use FBNquest and each time I fund my account via bank transfer, I takes not less than 2 days before the money reflects and value commences same day the money reflects. Besides, I send mail with evidence of transfer to their customer service and account officer immediately after the transfer is made, still the money wont reflect until after a day or two. I think FBN needs to improve on that. I have not done redemption with FBNquest but the 1st quarter dividend took 4 days before it hit my current account. Generally, I am okay with FBNquest given the high interest rate which is very critical for me.

yungestmoney:
Hello guys, between FBN & Stanbic, which would u recommend as best considering
1. customer care service: Depends on the service, FBN is okay if you have direct access to an account officer. Otherwise Stanbic
2. Interest rate: FBN, the margin has closed but FBN has been consistently higher
3. Deposits & redemption: Stanbic
4. Reinvestment: Stanbic
Ur opinions will be highly appreciated.

r4blessing:


That's so not true. Have been operating my money market account with them since last year and Axa has never done same day subscription for me. Even when I subscribe as early as 8am that day. I have tried with the app and bank transfer with my name and account id and it's always the same Story.

For me Stanbic still remains the best, same day subscription and redemption.

FBNQuest Capital is terrible. Subscription takes a minimum of 48hours, that's if u are lucky a enough to do it on a weekday and not too close to the weekend (Friday), in that case it takes more than three days. Redemption is even worse, sometimes u have to follow up with emails and calls. It's borderline terrible.

reservd:

Brother, I told u I have been wit them for 4yrs Now and I dnt know what u mean by how much I'm been paid. I have laid down my own experiences with them. I pay by bank deposits and scan d slip via email to their customer care. If d payment was made in the morning, ur allocation wil surely b done same day. As for redemption, it was stated dt it takes 3-5 working days to do so, so whoever isn't fine with dt shldnt go near them. Yours taking more than a day to fund, is it ur initial deposit or subsequent, u need to specify dt. Mind u I dnt hv any alliance with any fund manager, I started by mailing all my docs to them and all my business wit them has been by mail, I hv never ever visited first bank as far as my mutual fund acct is concerned, all my correspondences are via emails over these yrs, I hv never met anyone in person

temi4fash:


We that dont have account officers nko.

What do we do??

kendsage:
Yea. Everyone's experience with FBNquest is different so it wont be appropriate to say someone else's experience is a lie.Please let us respect each other as we are all here to learn and improve. I use FBNquest and each time I fund my account via bank transfer, I takes not less than 2 days before the money reflects and value commences same day the money reflects. Besides, I send mail with evidence of transfer to their customer service and account officer immediately after the transfer is made, still the money wont reflect until after a day or two. I think FBN needs to improve on that. I have not done redemption with FBNquest but the 1st quarter dividend took 4 days before it hit my current account. Generally, I am okay with FBNquest given the high interest rate which is very critical for me.

cybertek:
I have this issue with this error on fbn edge. My bvn is ok dont know why I have the error

Just2endowed2:


Pls can I withdraw my fund through stanbic mobile app?

Etimocracy:


Definitely yes! I use the app whenever I wanna redeem. Its been hitch free so far with the app.

afroxyz:


make a payment into the Stanbic MMF account (9202476223).

Screenshot your proof of payment

Go to www.stanbicibtcfundsmanagement.com

Log using your mutual fund account details

Go to the menu and click "upload proof of payment "

fill the form and submit

an OTP would be sent to you.

Enter the OTP. follow the steps

Etimocracy:


Definitely yes! I use the app whenever I wanna redeem. Its been hitch free so far with the app.

234ng44uk:

You'll get around 160 Naira daily.

Modified: 450,000×13%÷365=160

senit:

i also got my calculations towards what you have work down but to my surprise this is what am getting

senit:

i also got my calculations towards what you have work down but to my surprise this is what am getting