The 11th graders had the privilege of taking a recent field trip. They went to the Unity Bank PLC and after lectures by bank officials, they filled out deposit slips and put money into the Right Steps Christian School bank account. Below is one of the essays that came from that experience. The Senior Prefect of the school—Blessed Esionye—wrote the attached essay. Blessed is a recipient of the CROSS—RSCS scholarship program for academically endowed young Christians.
MY FIRST TRIP TO A BANK (unedited)
BY BLESSED ESIONYE (Blessed is in 11th grade and a recipient of the CROSS)
I’ve always longed to go for an excursion especially to a bank. My desire was granted when we were informed that we could go to a bank at Port Harcourt by our director. On Wednesday morning which was the 25th of May 2011, we prepared for our trip to the Unity bank at Port Harcourt. We were 8 in number (the members of ss2 class) I was very happy because that was my first journey to port Harcourt. We were taken there by our dean of studies and our economics teacher Aunty Okwuchi.
We left the school at about 10 o’clock in the morning. On our way, we saw the Imo river. It was then it dawned on me that it also separated Abia from Rivers state. We drove for about one hour 30 minutes before arriving at the bank itself. When we got there, I saw that there was a security door that is cylindrical. It works with electricity and you press a button to enter the first door. It accepts one person at a time. The door is used for checking and reducing theft. It does not allow metallic objects inside it. I was told that it is found in all banks. After that we were taken upstairs to a room where we were lectured by Alex Chinwo a worker in the bank. He taught us the requirements to open a savings account. He also told us that the minimum amount for opening a savings account by students is N3000.
We were also told that you cannot issue out a cheque to a third party in savings account but this can be done in a type of savings account called Hybrig Account. Hybrig allows a third party to withdraw cheque not more than N50,000. but in current account you can withdraw more than N50,000.
He told us how to deposit each into an account. We were given a deposit slip to fill in. we were given the school’s account number and how to fill in the slip.
The bank manager Mr. Jukius Nnaji came and welcomed us. The deposit slip had three sheet. The white sheet is given to the cashier, the yellow sheet is put inside the teller box as an evidence of payment. Mr. Alex also told us about the A.T.M card. It is a compulsory card because it is always subcharged. The A.T.M card is used for withdrawing and not for depositing money.
A current account goes dormant after 6 months while a savings account goes dormant after a year. The dormancy of an account is when the account is not either withdrawn or deposited. After 12 months a savings account is dormant and will be therefore be reactivated before any transaction is done in it.
Later, we went down stairs and deposited money. Each of us were given N5000 to deposit into the school account. We did it excellently and the cashier praised us.
Then we left the bank. On our way home, we bought some snacks. I enjoyed the ride although it was tiring. My sincere thanks goes to our able director who planned and mapped out an event like this. I am also grateful to all who made the trip a success. I am also hoping for another excursion it was such an enjoyable experience that will never escape my memory.