Corporate Account
This is a deposit account where deposits can be made in person or through proxy but withdrawals are done in person. It attracts interest that is competitive in the banking industry.
Features
- No minimum operating balance (account can be operated at zero balance)
- No limit to number of withdrawals in a month
- Attracts Commission on Turnover (COT) and other charges
- Funds transfer and bank cheques/drafts allowed on account
Requirements
- Minimum opening balance of ₦10,000.00.
- Account Opening form duly completed
- Specimen signature card duly completed
- Copy of CAC Certificate of Registration
- Board Resolution
- Approval Letter (for Government Agency)
- Act/Gazette (for Government Agency) (where applicable)
- Copy of Memorandum and Article of Association
(certified as true copy by the Registrar of Companies) - Form C07 Particulars of Directors (Certified copies by the registrar of Company and certification by a National Public for Foreign Companies)
- Form C02 Allotment of Shares (Certified copies by the registrar of Company and certification by a National Public for Foreign Companies)
- Partnership Deed (where applicable)
- Two(2) passport sized photographs of each signatory to the account with
name witten on the reverse Side - Introduction letter (where applicable)
- Status report from Banker (where applicable)
- Resident Permit (for non -Nigerian)
- Evidence of Registration with Nigerian Investment Promotion Council
(NIPC) (where applicable) - Evidence of Registration with Special Control Unit on Money Laundering (SCUML) (where applicable)
- Power of Attorney (where applicable)
- Letter of Indemnity
- Proof of Company Address
- Business Premises visitation Certificate
- Proof of Identity of all Signatories and Directors/Officers whose name appears on the account opening form / document (Preferred Identity card are Int’l Passports, National Identity Dard, National Licence, and Valid Voter’s Card)
- Proof of Address of all Signatories and Directors/Offices whose name appear on the account opening form/document Utility bill (Certified true copy is acceptable if original is not held)
- Two Completed satisfactorily reference forms.
- Copy of the audited Financial Statements