Save To Own Terms And Conditions

FBP Market Save To Own Terms and Conditions

Customers must register with valid personal information (name, phone number, and delivery address).
Save-to-Own is available to first-time and returning customers.
A ₦500 (Five Hundred Naira Only) processing fee is required to create a customer Save-to-Own file. This fee is non-refundable and covers administrative costs.
Customers are allowed to run only one (1) Save-to-Own item at a time. A new Save-to-Own request can only be initiated after the current one is fully completed.

All Save-to-Own purchases require an initial deposit of 25% of the item price to activate the plan.
The deposit is non-refundable but will be credited toward the total item price.

First-time customers: Must save 90% – 100% of the total item price before the item is released.
Returning customers: May have items released upon reaching 80% of the total item price.
All payments are credited directly into the customer’s FBPmarket wallet(for tracking/monitoring purposes).
Lowest item value eligible for Save-to-Own is ₦30,000 (Thirty Thousand Naira Only).
Maximum timeline for payment completion is 1–4 weeks, depending on the remaining balance. The exact timeline will be communicated to the customer upon activation.

Items will only be delivered to the customer’s home address.
Pickup from FBPmarket locations is not allowed for items released before full payment.
Delivery occurs once the customer has met the required savings threshold based on their status (first-time vs returning).
Customers are responsible for providing an accurate and accessible delivery address.

Save-to-Own plans must be completed within the timeline communicated to the customer (1–4 weeks).
Customers are encouraged to complete payments on time to ensure eligibility for delivery.

Customers must make payments on time according to the agreed plan.
Any changes in delivery address must be communicated before delivery.
FBPmarket reserves the right to pause or cancel plans for customers who fail to adhere to terms.

For items released before full payment, FBPmarket may source for capital to fulfill orders.
This is strictly managed, and delivery rules are enforced to ensure safety and accountability.

For customers whose items are released before full payment, strict adherence to the agreed payment timeline is required.
Failure to complete payment as at when due will result in the following actions:
1. Item Retrieval - FBPmarket reserves the right to retrieve the item from the customer’s possession.
2. Item Resale - Retrieved items will be resold at FBPmarket’s discretion. The resale price may be lower than the prevailing market price.
3. Settlement & Refund - From the resale proceeds, FBPmarket will deduct the outstanding balance owed by the customer and any applicable logistics, recovery, or administrative costs. Any remaining balance (if applicable) will be credited to the customer’s FBPmarket wallet.
Customers affected under this policy may be restricted from future Save-to-Own privileges.

Customer data collected for Save-to-Own plans will be used strictly for payment tracking and delivery purposes.
FBPmarket does not share personal information with third parties without consent.

Item prices on FBPmarket may be subject to market changes before full payment is completed.
Where a customer has completed full savings or saved up to the required amount for item release (80%, 90%, or 100%), the following applies:
1. If the item price increases, the customer will be required to pay the difference before item delivery or release.
2. If the item price reduces, the excess amount will be credited to the customer’s FBPmarket wallet or adjusted against the outstanding balance.
FBPmarket will communicate any price adjustment to the customer before final delivery or release.

By participating in the FBPmarket Save-to-Own program, customers agree to these terms and conditions, including the ₦500(Five Hundred Naira Only) form/processing fee, 25% initial deposit, wallet-based payments, payment timelines, default and retrieval policy, price adjustment policy, and delivery-only rule.