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Corporate Account 2019-10-25T11:00:30+00:00

Corporate Account

Enjoy financial transaction flexibility

Our corporate account is designed for registered businesses to enjoy transaction flexibility and issuance of third party cheques

  • Micro Enterprises
  • Small and Medium scale businesses
  • Medium sized businesses
  • Account opening balance of N10,000
  • Flexible operating balance
  • Account maintenance fee of N1 per mille
  • Concessions for large turnover
  • No limit to turnover and withdrawals
  • Completed account opening form (Download here)
  • Copy of valid ID (Driver’s Licence, National ID Card, International Passport or Voter ID Card)
  • Copy of utility bill (PHCN bill, Waste bill or Water bill issued within the last three months)
  • Two passport photographs
  • Two references
  • myBusiness Account Agreement Form*
  • Business/Company registration documents (e.g., Partnership  agreement, Business Name registration certificate, Certificate of Incorporation; as applicable to business type)
  • Memorandum and Articles of Association; copy of Forms CO2 & CO7; Resolution of the Board of Directors to open account (where applicable)
  •  The customer is required to sign this form at the beginning of the relationship with the Bank, stating their agreement to the terms and conditions of the product.
  • Evidence of registration with the Special Control Unit on Money Laundering of the Federal Ministry of Trade and Investment (where applicable)
  • Provision of Tax Identification Number(TIN) (where applicable)
  • Search Report

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