The ability to open and manage Parallex bank accounts online has made it easy for its prospects and customers to open their accounts with ease.
With the aid of the online banking tool Parallex bank provided, a bank account can easily be opened from anywhere in the world, presenting customers with the ability to make payments, transfer funds, pay bills and carry out other financial transactions.
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About Parallex bank
Parallex bank is a commercial bank that renders redefined customer experience through digital innovations by leveraging the best talents and technology.
The Parallex bank was initially established and licenced by the Central Bank of Nigeria (CBN) in the year 2008.
On 22nd May 2020, Parallex bank was incorporated as a limited liability after receiving its licence to transition into a commercial bank.
In the Nigerian banking space, Parallex bank is the first bank that successfully transitioned from a microfinance bank to a commercial bank.
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Benefits Of Opening Parallex Bank Account
• Unique account number:
You can create your unique account number on the mobile app.
• Free debit card issuance and delivery:
Unlike other commercial banks where you pay to get a debit card, Parallex bank issues and delivers debit cards at no cost to its customers.
• 5 free interbank transfers daily:
With Parallex bank, 5 transfers made to other banks attract no transaction charge.
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• Medical and student loan:
You have easily accessible medical and student loans.
• Salary advance and overdraft:
Parallex bank salary account owners have access to salary advance and overdraft
• Zero maintenance charge:
Your Parallex bank account comes with ZERO maintenance charge.
• 10 free monthly withdrawals on any ATM:
Parallex bank customers are eligible for 10 free ATM withdrawals on a monthly basis.
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Requirements For Opening Parallex Bank account
• Passport photograph
• Bank Verification Number (BVN)
• Valid means of identification (passport, driving license, national ID)
• Utility bill
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How To Open Parallex Bank Account
Opening a Parallex bank account is very easy, the steps below is an extensive guide on how to go about it.
• Visit Google Playstore on your Andriod device or Appstore on your iOS device
• Search and install the Parallex bank mobile application
• Tap the Sign Up button
• Tap the No option
• Enter your BVN and tap proceed
• Enter your email address, phone number and referral code and tap proceed
• A 6 digit OTP will be sent to your mail and phone number, enter it and tap the validate button
• Enter your preferred username, password and transaction pin and tap the proceed button
• Read the terms and conditions and drag the “I have read the Terms and Condition” button to accept, then click accept
• Choose the type of account you want, Savings or Current
• Select your account currency and tap the proceed button
• Enter your address, city, state and local government area and tap the proceed button
• To choose your unique account number, enter any 7 digits of your choice and click proceed. But if you don’t want to choose, just tap the skip button
• Next, you’ll get a pop up saying “Congratulations, your profile is successfully created. Your account number is: **********.
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How To Login To Parallex Mobile App
To log into your Parallex mobile app, follow the steps mentioned below:
• Locate and open your Parallex mobile app
• Tap the login button
• Enter your Username and password
• Tap the Login button
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Originally posted on January 22, 2022 @ 11:58 pm
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