If you’ve recently opened a YEIDEP or NIYEEDEP bank account through one of the partner banks, there are a few important steps you need to take next. Today’s update outlines what you should do to keep your account active and ready for the program benefits.
Step 1: Visit the Bank for an Account Upgrade
Once your YEIDEP bank account is set up, the first thing you should do is visit the bank branch where your account was opened. The basic account usually comes with restrictions—like a daily transaction limit of ₦50,000. To access the full benefits of the YEIDEP program and carry out higher-value transactions, you must upgrade your account.
When visiting the bank, carry a valid identification document. You can take any of the following:
- National Identity Card
- Driver’s License
- Voter’s Card
- International Passport
It’s a good idea to bring the same ID you used during account registration, along with one backup. You’ll also need a passport photograph and a recent utility or bill payment receipt for address confirmation.
Step 2: Deposit Some Money Into the Account
To keep your YEIDEP account active, deposit a small amount. Even a little fund transfer can show the bank that you intend to use the account. This helps avoid it being marked inactive or dormant, which could delay access to benefits.
Step 3: Wait for the Farming Season Launch
The YEIDEP program is expected to begin with the start of the farming season. Since the program is closely linked with agriculture, beneficiaries should stay alert for when the next phase rolls out.
After you’ve upgraded and activated your account, the most important thing to do is wait patiently. During this time, monitor updates from the bank or official YEIDEP sources. This is when detailed steps or disbursement plans are expected to be shared.
Stay Updated
Make sure to follow official YEIDEP announcements as the farming season gets closer. This will help you stay prepared for any next steps or financial support linked to your account.