Globus Bank — review & details
A newer full commercial bank whose own site footer states it is licensed by the Central Bank of Nigeria and insured by the NDIC. Personal range covers savings, individual current, domiciliary, kiddies and non-resident accounts with a digital-first pitch.
Globus Bank
- Full commercial-bank licence and NDIC insurance, stated on the bank's own site
- Covers the essentials: savings, current, domiciliary, kiddies and non-resident accounts
- Digital-first features — transfers, real-time balance, card and cheque management in the app
- Young bank with a much smaller branch network than the established names
- No product figures (rates, minimums, fees) are published on the site
- Shorter track record to judge service quality by
Fees, eligibility & documents
- Individuals resident in Nigeria; non-resident account available
- BVN required
- Valid means of identification and BVN
- Passport photograph and proof of address (confirm exact list with the bank)
How Globus Bank compares in bank accounts
| Globus Bank | Opay | Kuda | |
|---|---|---|---|
| Monthly Fee | Not published on the site — confirm before opening | None | None |
| Licence | CBN-licensed commercial bank (stated on Globus's own site; NDIC commercial-bank register) | CBN national licence (Jan 2026) | CBN microfinance bank |
| Deposit Safety | NDIC-insured — cover up to N5m per depositor (2024 limit) | NDIC-insured | NDIC-insured (to ₦2m, MFB) |
| Best For | Customers who want a full commercial-bank licence with a lean, digital-leaning service | Free transfers + agent cash-out | App-first budgeting |
| Visit Globus Bank → | Visit Opay → | Visit Kuda → |
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