Have you been trying to explore the simplicity of opening a stress-free account? Try no further, Jubilee SIMPU Account is your best bet.

SIMPU Account as the name implies is a level 1 three-tiered CBN type of account. It is designed to capture the unbanked in the economy.


  • Account opening balance of #500.
  • Any means of Identification is required.
  • One Passport Photograph.
  • BVN is compulsory.


  • Maximum Single deposit of #50,000 and maximum cumulative balance of #300,000 at any point in time.
  • No account maintenance fee is charged.
  • No utility is required.