Business/Current Account
Our Business/Current Account is a good option for you to make regular deposits and withdrawals, and it is also a good place to keep your money safe and accessible. It is a non-interest-bearing deposit account that allows usage of cheque books and gives room for third party transactions.
We have three categories of this account:
- Individual Current Account – This account is opened for an individual or joint individuals.
- Enterprise Current Account – This account is opened for a registered business name.
- Corporate Current Account – This account is opened for a corporate entity.
Features
- Minimum account opening amount of N5,000.00 for Individual Current Account, and N15,000.00 for both Enterprise and Corporate Current Account s respectively
- Account allows usage of cheque booklets
- Account allows third party withdrawal
- Account balance can be used as collateral for loan
- It is a non-interest-bearing account
REQUIREMENT FOR INDIVIDUAL CURRENT ACCOUNT
- Duly completed account opening form
- Two satisfactory references
- Two recent passport photographs
- Valid means of identification
- Recent utility bills
REQUIREMENT FOR ENTERPRISE CURRENT ACCOUNT
- Duly completed account opening form
- Two satisfactory references
- Two recent passport photographs
- Valid means of identification
- Recent utility bills
- Business name certificate with CAC
- Tax Identification Number
REQUIREMENT FOR CORPORATE CURRENT ACCOUNT
- Duly completed account opening form
- Two satisfactory references
- Two recent passport photographs of signatories
- Valid means of identification
- Recent utility bills
- Certificate of incorporation
- Memorandum and Article of Association
- Form CAC 2 and CAC 7
- Board Resolution authorizing account opening
- Tax Identification Number
