Corporate Current Account

Corporate Current Account


This is a normal checking corporate account ideal for Companies and Organizations. The minimum opening balance for such an account is D5, 000.00. Upon withdrawal a service fee of D4.00 for every D1, 000.00 is applied.

Benefits

  • Cheque book
  • Monthly statements
  • SMS banking subscription
  • Online banking subscription
  • Trust Alerts subscription
  • Credit facilities such as loans, overdrafts and cheque discounting
  • Issuing of Bond & Guarantees ( Bid Bond, Performance Bond, Advance Payment Bond and Bank Guarantee)
  • Financial advice

Requirements

  • 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.