Company profile
TrustBanc Financial Group Review SummaryRegistered Country/RegionNigeriaRegulationUnregulatedMarket InstrumentsQuick Loans, Fixed Deposits, Enterprise Loans, Savings, Corporate BankingDemo AccountUnavailableTrading PlatformPrime by TrustBanc app, Web-Based BankingMin Deposit0 for most accountsCustomer SupportPhone: 07004446147Email: support@trustbancgroup.com24/7 Online Chat: ×Physical Address: 163, Sinari Daranijo Street, Off Ligali Ayorinde, Victoria Island, Lagos, NigeriaTrustBanc Financial Group Information Founded in Lagos, Nigeria, TrustBanc Financial Group provides a range of financial services catered for both people and companies. Though it's not regulated, its products include fixed deposits, rapid loans, business loans, savings accounts, and corporate banking options. Through its Prime by TrustBanc app, consumers may access $0 account initial deposits.Pros and ConsProsCons0 minimum deposit for accountsUnregulatedCompetitive interest rates (up to 10% on savings and 20% on investments)No demo account or trading-related leverage offeringsMany financial servicesIs TrustBanc Financial Group Legit? TrustBanc Financial Group is unregulated.What Services Does TrustBanc Financial Group Provide? TrustBanc Financial Group offers many financial products and services for individuals and businesses. These include loans, savings, fixed deposits, corporate banking, and investment services.ServiceSupportedQuick Loans✔Fixed Deposits✔Enterprise Loans✔Savings Accounts✔Corporate Banking✔Quick Loans: offers at a 3% monthly flat interest rate quick and easy borrowing services. To cover immediate financial need, options include public sector loans, salary advance loans, and staff credit schemes.Fixed Deposits: Provides good investment choices with appealing interest rates so that both people and companies may automatically save money and get reasonable returns.Enterprise Loans: Provides loans for micro and small business owners. Monthly interest is levied at 3%; various payback schedules depending on company performance.Corporate Banking: Provides businesses customised solutions like zero minimum account opening balances, cheque deposits, internet and mobile banking access.Savings Accounts: Provides perks include mobile banking and debit cards, and lets people save with zero account starting costs and earn up to 10% annual interest.Account Types TrustBanc Financial Group provides 4 account options, designed for different businesses.Quick Loan Accounts✔Fixed Deposit Accounts✔Savings Accounts✔Investment Accounts✔ Each account type provides both individual and corporate options.TrustBanc Financial Group Fees TrustBanc Financial Group provides a related low fees compared to industry average.Fee TypeQuick Loan Interest3% monthly (flat) interest.Upfront Loan Fee2% one-off upfront fee for salary advance loans.Management Fees0 fees for savings and standard account opening.Fixed Deposit FeesNo additional charges for deposits or withdrawals.Trading Platform TrustBanc Financial Group offers its unique trading app with some trading convenience for users. It asks for 0 management fees.PlatformSupportedAvailable DevicesSuitable ForPrime App✔iOS, AndroidAll users for seamless banking and investmentsWeb Banking✔WebUsers preferring desktop access
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