Procedure for opening a business account:

Opening a new business account would require the applicant(s) to visit a branch for completion of the account opening procedures. The applicant has to submit the completed account application with terms & conditions agreement and other documents, duly signed by each authorized signatory in presence of an official of the branch.

Documents required for opening a business account:

• Account application, duly completed and signed.
• Terms & conditions agreement.
• Operation and verification of account agreement.
• Business/ Tax identification number.
• Certificate of Incorporation.
• Partnership Certificate/ Trust Deed and By-law as applicable.
• List of Officers & Directors for corporations.
• Authorization to Borrow for Directors.
• Resolution of Directors- banking & security.
• Customer/ business Profile.
• Two pieces of identification documents of each authorized signatory.