How to upgrade First bank account easily (Online & Offline)

First Bank is a leading financial services provider in West Africa, established in 1894 and headquartered in Nigeria. It boasts a long and rich history, serving as West Africa's premier bank and the largest private-sector financial services provider in sub-Saharan Africa (excluding South Africa).

With over 36 million customer accounts across the region, First Bank offers a comprehensive range of financial products and services, including:

Retail banking: Savings and current accounts, debit and credit cards, mortgages, personal loans, and more.

Corporate banking: Commercial lending, trade finance, cash management, treasury services, and more.

Investment banking: Mergers and acquisitions, capital markets, and asset management.

International banking: Global transaction services, foreign exchange, and trade solutions.

If you are a First Bank customer and you'd like to know how to upgrade First Bank account easily (Online & Offline), well, this blog post will cover all the details.

Why Upgrade?

Let's face it, our financial needs change over time. Perhaps you've landed a new job with a higher salary, started a business, or simply need greater flexibility and control over your finances. Upgrading your First Bank account can offer a plethora of advantages, including:

• Access to exclusive features: Enjoy higher transaction limits, dedicated relationship managers, premium debit cards with rewards programs, and much more.
• Enhanced security: Benefit from advanced fraud protection features and secure online banking functionalities.
• Greater convenience: Manage your finances effortlessly with mobile banking apps, online bill payments, and international money transfers.

How to upgrade First bank account easily (Online & Offline)

Check out how to upgrade First Bank account easily (Online & Offline):

How to upgrade First bank account easily Online 

If you want to do it online, follow these steps:

• Log in to FirstBank Online: Visit the First Bank app or website and access your online banking account using your login credentials.
• Navigate to Account Management: Look for the "Account Management" section and select "Upgrade Account."
• Choose Your Upgrade Option: You'll be presented with a range of upgrade options. Carefully review the features and benefits of each account to find the one that best suits your needs.
• Complete the Application: Provide the required information and follow the on-screen instructions to complete the application process.
• Review and Confirm: Thoroughly review your application details and confirm your upgrade request.

How to upgrade First bank account easily Offline)

For those comfortable with the traditional approach, upgrading your account offline is a straightforward process. Here's what you need to do:

• Visit a First Bank branch: Find a branch near you and head over during their operating hours.
• Meet a customer service representative: Inform them of your intention to upgrade your account.
• Provide required documents: You'll typically need your valid ID, BVN, and any other documents as requested.
• Fill out the upgrade form: Fill out the upgrade form accurately and complete any necessary signatures.
• Review and confirm: Carefully review the upgrade details and confirm your intention to proceed.
• Wait for processing: The upgrade process usually takes a few minutes, depending on the branch's workload.
• Collect your new account documents: Once processed, you'll receive your updated account details and any necessary documentation.

Requirements to Upgrade First bank account easily (Online & Offline)

These are the requirements to upgrade First bank account easily (Online & Offline):

• Valid First Bank account: This includes both individual and business accounts.
• Valid Bank Verification Number (BVN): A unique identifier required for all financial transactions in Nigeria.
• Valid means of identification: This can be your National ID card, International passport, or Driver's license.
• Completing the upgrade form: You'll need to fill out a form with your personal information and chosen upgrade option.
• Proof of address: This can be a utility bill, rent receipt, or bank statement.
• Minimum account balance: Some upgrades might require maintaining a minimum balance in your account.
• Minimum income requirement: Certain premium accounts might have a minimum income requirement.
• Other documents: Depending on your chosen upgrade, you may be asked for additional documentation, such as business registration documents or tax clearance certificates.

FAQS

How long does it take to upgrade my First Bank account?

The upgrade process typically takes a few minutes online and up to 24hrs at a branch. However, the exact timeframe might vary depending on the chosen upgrade option and the branch's workload.

Do I need to close my existing account to upgrade?

No, you don't need to close your existing account. The upgrade process simply enhances your existing account with additional features and benefits.

Can I open FirstBank account online without going to bank?

Yes, you can open a FirstBank account online without going to the bank. In fact, FirstBank offers several ways to open an account online, making it convenient and accessible for everyone.

You can do it by Dialing *894*0#, Downloading the FirstMobile App and registering, and by visiting the nearest Firstmonie Agent.

Do I need to visit a branch to upgrade my account?

No, you can upgrade your account online if you are registered for FirstBank Online Banking. However, if you prefer the personal touch or have any questions, you can always visit your local branch for assistance.

Conclusion

Upgrading your First Bank account is a simple yet impactful step towards a more convenient and secure banking experience. Whether you choose the online or offline route, remember to gather all necessary documents, choose the upgrade best suited for your needs, and don't hesitate to ask for assistance if required.