• About
  • Advertise
  • Careers
  • Contact Us
Thursday, June 26, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Finance

NDIC Announces New Requirements for Defunct Heritage Bank Account Verification

by Adetunji Tobi
June 22, 2024
in Finance
1
NDIC Announces New Requirements for Defunct Heritage Bank Account Verification
Source: X/Heritage Bank

Source: X/Heritage Bank

UBA
Advertisements

The Nigeria Deposit Insurance Corporation (NDIC) has announced updated conditions for depositors of the now-defunct Heritage Bank. 

According to the Statement sighted by Techeconomy, the new guidelines aim to simplify the processing of funds for various types of account holders, including corporate, minor, estate, and individual accounts.

To facilitate swift processing, depositors must provide the following:

  • Passport photo
  • Proof of account ownership
  • Copy of valid national ID
  • Valid phone number
  • Bank Verification Number (BVN)
  • Active alternate account in another commercial bank

The NDIC has also outlined important steps to expedite the verification process:

Create Accounts: For corporate accounts, ensure your alternate account has the same name and details as your corporate account in Heritage Bank (in liquidation).

Transaction Alerts: Activate transaction alerts on your alternate account to stay updated on payment status. If alerts are not active, check your balance using your bank’s USSD code or visit your bank.

Joint Accounts: For joint account holders, ensure your alternate account is also joint with matching details.

Accounts for Minors: Alternate accounts for minors must have the same name, signatory, and BVN as the Heritage Bank account.

Estate Accounts: Submit a Letter of Administration for estate accounts as part of the verification process.

The NDIC statement reads:

“Dear Heritage Bank Depositors (Corporate, Minor, Estate, and Individual account holders), as we continue to process your claims, we want to ensure smooth and swift processing of your insured sum payment. If you have not been verified and paid your insured sum, please visit the nearest NDIC zonal office nationwide with the required documents.”

For more details and to access the electronic form, visit the website.

Loading

Advertisements
MTN ADS

Author

  • Adetunji Tobi
    Adetunji Tobi

    Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

    View all posts
0Shares
Tags: Heritage BankHeritage Bank Account VerificationNigeria Deposit Insurance Corporation (NDIC)
Adetunji Tobi

Adetunji Tobi

Tobi Adetunji is a Business Reporter with Techeconomy. Contact: adetunji.tobi@techeconomy.ng

Next Post
AXA Mansard and employee retention

AXA Mansard Employees Sensitise Public on Impact of Waste on Water

Comments 1

  1. Pingback: NDIC Pays 82.3% Insured Depositors of Liquidated Heritage Bank | Tech | Business | Economy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

U.S. Completes $316m Investment in Ghana’s Energy Infrastructure 

3 years ago
Get more nutrition in every bite

Get more nutrition in every bite

10 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.