GTBank (GTCO) — review & details

In Bank accounts · By the Rateweb editorial team · How we rate · Details checked 18 Jul 2026

A leading commercial bank (CBN international authorisation) — full current/savings and domiciliary accounts, cards and the widest branch/ATM network. Deposits NDIC-insured to the ₦5m commercial-bank limit.

Best full-service bank

GTBank (GTCO)

A leading commercial bank (CBN international authorisation) — full current/savings and domiciliary accounts, cards and the widest branch/ATM network. Deposits NDIC-insured to the ₦5m commercial-bank limit.
★★★★☆
4.0/5 · How we rate
Account-maintenance + card/SMS fees
Monthly Fee
Per-transfer fee + ₦50 EMTL
Transfers
CBN commercial bank (international)
Licence
NDIC-insured (to ₦5m)
Deposit Safety
Full-service, branches & dom account
Best For
bank
Type
Pros
  • Full-service: domiciliary accounts, cards, cheques, business banking
  • Largest branch/ATM network plus a strong app (GTWorld)
  • Higher ₦5m NDIC deposit-insurance limit
Cons
  • Account-maintenance, card and SMS fees add up
  • Transfers cost more than the neobanks
  • More paperwork to open than an app wallet
Fees, eligibility & documents
Fees
Account maintenanceCBN-set charge on customer-induced debits
TransfersPer-transfer fee + ₦50 EMTL
Card & SMSCard-maintenance and SMS-alert fees may apply
Eligibility
  • 18+ (limits apply by KYC tier)
  • Valid Nigerian ID
  • BVN and/or NIN
Documents needed
  • Valid ID (NIN, passport, driver's licence or voter's card)
  • BVN
  • Proof of address (utility bill) for a full-tier account
Visit GTBank
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How GTBank (GTCO) compares in bank accounts

GTBank (GTCO) scores 4.0/5 in our bank accounts rankings. Our current top pick is Opay (4.3/5). Always compare a few before you decide — see the full bank accounts comparison.

GTBank (GTCO)
4.0/5 · this page
 Opay
4.3/5
 Kuda
4.2/5
Monthly Fee Account-maintenance + card/SMS fees None None
Transfers Per-transfer fee + ₦50 EMTL Free (fair-use limits apply) Free monthly allowance, then a small fee
Licence CBN commercial bank (international) CBN national licence (Jan 2026) CBN microfinance bank
Deposit Safety NDIC-insured (to ₦5m) NDIC-insured NDIC-insured (to ₦2m, MFB)
Best For Full-service, branches & dom account Free transfers + agent cash-out App-first budgeting
Visit GTBank → Visit Opay → Visit Kuda →

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Details last checked: July 2026

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