Trust Business Plus Account

Trust Business Plus Account


This is an ideal money management product for big Institutions and corporations that can afford to leave substantial amounts of money in their operating accounts. It is an interest bearing current account and interest is paid on a tiered system.

No Commission On Turnover (COT) is charged provided a minimum daily cleared balance of D250, 000.00 is maintained. Interest rates range from 0.50% to 1% per annum calculated daily and paid to your account monthly.

Benefits

  • Cheque book.
  • Unlimited withdrawals.
  • No Commission On Turnover (COT) charges as far as the minimum daily balance of D250,000 is maintained.
  • SMS banking.
  • Online banking.
  • Trust Alerts.
  • Monthly statements.
  • Structured interest so that the higher the balance the higher the interest earned.
  • Credit facilities such as loans, overdrafts and cheque discounting.
  • Issuing of Bond & Guarantees ( Bid Bond, Performance Bond, Advance Payment Bond and Bank Guarantee).
  • Free financial advice.

Requirements
    To open a business account please provide the following:

  • Business registration and certificate of incorporation.
  • Memorandum and Articles of Association.
  • One passport size photo for each of the account signatories.
  • Copy of ID card, Passport or Driver’s License for each of the account signatories.
  • Account Signature mandate.
  • List of directors and proof of their addresses.
  • Copy of Taxpayers Identification Number (TIN) of company.
  • Copy of TIN for all the nominated signatories.

 

Design and Developed by Matrix Solution Ltd.