← Structure maps1 of 7
Bank deposit product
Nigeria Fixed Deposit Structure Map
Follow a fixed deposit from placement with a licensed bank through account records, interest accrual, maturityThe date when a debt investment's principal is scheduled to be repaid., early liquidationThe process of selling an entity's assets, paying creditors, and distributing any remainder to owners., and deposit protection.
What you will learn
Who receives the money, what you own, who protects the asset, who keeps the records, and where responsibility sits when something fails.
The structure at a glance
YOU
investor
You
↓
BANK
issuer
Bank
↓
CBN
regulator
CBN
↓
NDIC
safeguard
NDIC
Use arrow keys or swipe on mobile