
Fidelity Bank has begun sending confirmation emails to beneficiaries of the Youth Economic Intervention and De-Radicalization Programme (YEIDEP) whose registrations have been successful.
In the email, the bank congratulated beneficiaries and directed them to proceed to the next phase by opening a Fidelity Bank account. This step is necessary for participants to fully access the financial benefits of the scheme.
Beneficiary Instructions
According to the message, candidates are urged to:
- Open a Fidelity Bank account via the link provided in the confirmation email.
- Fund the new account immediately.
- Visit the nearest Fidelity branch to request a debit card (ATM card).
The email reads in part:
Congratulations! Your registration for the YEIDEP program is successful. To proceed to the next phase, kindly click HERE to open a Fidelity Bank account in order to participate in the scheme and access its financial benefits. Remember to fund your account immediately and request for a Debit Card at your closest branch to enable you access your YEIDEP funds once it’s available.
Account Details & Restrictions
Upon completing registration, candidates are provided with account details such as account number and name. The accounts are initially opened as Tier 1 accounts, which have certain restrictions:
- Maximum single daily credit of ₦50,000
- Maximum account balance of ₦300,000
- Free monthly e-statements
Beneficiaries who wish to lift these restrictions are required to upgrade their accounts by presenting valid identification such as a National ID, International Passport, Driver’s License, or Permanent Voter’s Card.
Related Posts:
How to Verify Your Details with Union Bank for YEIDEP Grant Payment
YEIDEP 2025 Updated Schedule: What Applicants Need to Know
Next Steps for Beneficiaries
While not compulsory, Fidelity Bank encourages account holders to deposit at least ₦500 to keep their new accounts active.
The bank reinforced its commitment with its signature message displayed on the platform: We Are Fidelity, We Keep Our Word.
This development marks a significant step forward in the YEIDEP initiative, ensuring that beneficiaries are fully onboarded and ready to access financial support.
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