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

Downloads

Download, Print, Fill and Submit the Account Opening Form