Archmage:
is anyone here doing Money Market Fund with Cordros?

which one is condom?

I cannot logon to my stanbic MMF account. Anybody with same case?

MrHighSea:

Pls gv me stanbic MMF account number and bank to make transfers to.

Stanbic ibtc
9202476223

nice

enque:


Stanbic ibtc
9202476223

I made additional subscription to my stanbic MMF wit my card since 18th and it has not reflected on my MMF account up till this moment .
Please help

Biritiko:

I made additional subscription to my stanbic MMF wit my card since 18th and it has not reflected on my MMF account up till this moment .
Please help

They have sent mails severally to their customers that deposit/transfers through card will take 2 business days to reflect on your account. Check your mails for more details. Today will be 2nd business day.

emmasoft:

They have sent mails severally to their customers that deposit/transfers through card will take 2 business days to reflect on your account. Check your mails for more details. Today will be 2nd business day.

18th July was last week wednesday.
Thursday and friday were working days . so, two working days has passed.
well, thank you...
Fingers crossed

Biritiko:

I made additional subscription to my stanbic MMF wit my card since 18th and it has not reflected on my MMF account up till this moment .
Please help

This message was from their change in subscription process;
"Furthermore, please be informed that all additional subscriptions done via the online platform using credit/debit cards would be given value after two (2) business days upon receipt of funds".

Maybe this is why you've not been credited, but I 'd suggest you send them an email with ur concerns.

enque:


This message was from their change in subscription process;
"Furthermore, please be informed that all additional subscriptions done via the online platform using credit/debit cards would be given value after two (2) business days upon receipt of funds".

Maybe this is why you've not been credited, but I 'd suggest you send them an email with ur concerns.

Thanks, I've sent them a mail.
I'm hoping it reflects before they respond

is anybody having issues logging into FBN quest?
i have not being able to logging since morning.
coupled with the fact that, thursday was the last time my account was credited

Biritiko:

18th July was last week wednesday.
Thursday and friday were working days . so, two working days has passed.
well, thank you...
Fingers crossed

Check well Sir. 18th was Thursday. Everything is still in order as per their rules. No worries. You will be credited.

Hello house.
Please a friend wants to find out if besides getting daily interest on an MMF investment. If an investor will still get quarterly dividend ?
Secondly, can one be topping his initial investment. Like adding 50k to an initial 200k investment every month ?
Again, please what's the penalty, if one decides to withdraw his money from this investment?
Thank you for your response

emmasoft:


Check well Sir. 18th was Thursday. Everything is still in order as per their rules. No worries. You will be credited.

Mehn . 18 was really Thursday o .
Thank you very much sir .

Update : The money reflected exactly after 2 working days . Thanks everyone.
Cc emmasoft enque

I’ll use direct transfer next time

Biritiko:
Update : The money reflected exactly after 2 working days . Thanks everyone.
Cc emmasoft enque

I’ll use direct transfer next time

Enjoy!
Direct transfer before 12 noon gets same day credit
Anything after 12, is next day credit o.

Guys thanks for this trend... I have a question partaining this mutual fund please, I started it by 6th of this month, I have top my investments twice after then, that's 11th and 20 of this month... My question is if I want to withdraw my interest on mutual fund stanbic ibtc on 6th of next month, will I be charge 20% of my interest as started by there customer care?

singletech:
Guys thanks for this trend... I have a question partaining this mutual fund please, I started it by 6th of this month, I have top my investments twice after then, that's 11th and 20 of this month... My question is if I want to withdraw my interest on mutual fund stanbic ibtc on 6th of next month, will I be charge 20% of my interest as started by there customer care?

I just need full clarification about this 30 days calendar thing... Do I need to wait every 30 days to withdraw my interest in other to avoid charges?

singletech:
I just need full clarification about this 30 days calendar thing... Do I need to wait every 30 days to withdraw my interest in other to avoid charges?

Interest are earned everyday but paid to clients every quarter. If you want to withdraw part of your investment you can do so without any charges after 30 days of deposit. However, if you are liquidating ie withdrawing all your money both your interest and capital will be paid in full without any charge even before the end of a quarter provided your investment is 30 days or more old.

gold360:
Hello house.
Please a friend wants to find out if besides getting daily interest on an MMF investment. If an investor will still get quarterly dividend ?
Secondly, can one be topping his initial investment. Like adding 50k to an initial 200k investment every month ?
Again, please what's the penalty, if one decides to withdraw his money from this investment?
Thank you for your response

1. interest is earned daily but paid quarterly. It's the same daily interest that you will get at the end of each quarter
2. You can top up your investment at anytime and with any amount not below minimum deposit without any specific pattern- monthly, weekly, yearly etc.

3. No penalty provided your investment has been with the company 30 days or more.

emmasoft:

Interest are earned everyday but paid to clients every quarter. If you want to withdraw part of your investment you can do so without any charges after 30 days of deposit. However, if you are liquidating ie withdrawing all your money both your interest and capital will be paid in full without any charge even before the end of a quarter provided your investment is 30 days or more old.

I think his question here is when does the 30 days window count from initial subscription or top up?

emmasoft:

Interest are earned everyday but paid to clients every quarter. If you want to withdraw part of your investment you can do so without any charges after 30 days of deposit. However, if you are liquidating ie withdrawing all your money both your interest and capital will be paid in full without any charge even before the end of a quarter provided your investment is 30 days or more old.

OK, I want to be withdrawing only my interest, are u saying after my first 30 calendar days, any withdrawal I make no more charges?

singletech:
OK, I want to be withdrawing only my interest, are u saying after my first 30 calendar days, any withdrawal I make no more charges?

my point is, I want to be withdrawing only my interest every week, I will not top my investments till next year April or so, but I want to be withdrawing my interest(only my interest) every week, will I be charge 20%?

singletech:
my point is, I want to be withdrawing only my interest every week, I will not top my investments till next year April or so, but I want to be withdrawing my interest(only my interest) every week, will I be charge 20%?

interest are paid every quarter not weekly or monthly. You can call their customer care or send mail to them if you feel otherwise. Thank you

emmasoft:

interest are paid every quarter not weekly or monthly. You can call their customer care or send mail to them if you feel otherwise. Thank you

what if I decide to withdraw every month? Do you have idea of that one?

After 6th which happens to be 30 days from the initial deposit, you now have an upgraded savings account, you can top up or withdraw as you like without any charges

Average of 12.2% yield across all assets managers for mmf. It's now a race to bottom. I miss the good old days of 15%

234ng44uk:
Average of 12.2% yield across all assets managers for mmf. It's now a race to bottom. I miss the good old days of 15%

Came into the party late

emmasoft:


1. interest is earned daily but paid quarterly. It's the same daily interest that you will get at the end of each quarter
2. You can top up your investment at anytime and with any amount not below minimum deposit without any specific pattern- monthly, weekly, yearly etc.

3. No penalty provided your investment has been with the company 30 days or more.

thanks so much, please what is the minimum deposit?

yak:


I think his question here is when does the 30 days window count from initial subscription or top up?

From initial subscription. Afterwards, top ups and interests can be withdrawn without % charges.

Pls I want to open online @FBN Quest can someone help with their app or website addresse