Limited Liability Company –Current Account

PRODUCT FEATURES

• Features refer to type of product or Account requested.
• It can be either savings or current account.
• Joint account will be determined by the Mode of operation during account opening procedure

Account Opening Requirements:

• Two Colored passport size photographs for each signatory.
• Mandate to operate
• Identification documents which should be either of the following;

• Valid Passport.
• Voter registration card.
• Valid Driving license.
• Employer ID.
• Resident permit for foreigners.

• Physical Address verification for signatories either of the following:

• Introduction letter from ward leader/executive
• Signed Lease agreement.
• Utility Bills (DAWASCO or TANESCO or TTCL bills ) under his/her own name
• Certificate of Occupancy        
• Government/local authority bill example property tax, land rent receipt.

• Original and copy of the  Memorandum and Articles of Association
• Original and copy of the Business license
• Original and copy of the  Certificate of incorporation
• Tax Identification Number (TIN) & Value-Added Tax (VAT) certificate (where applicable)
• Board Resolution to open an account with the bank and the names of the officers authorized to operate the account.
• Original and copy of the Certificate of change of business name (where applicable.
• Company search with BRELA.

BENEFITS:

• Help savings growth
• Secure deposits
• Easy to open
• Withdrawal by cheques

CHARGES

• Charges refer to type of product or Account requested