REQUIREMENTS FOR CORPORATE ACCOUNT OPENING

1. DULY COMPLETED ACCOUNT OPENING FORM.

2. SPECIMEN SIGNATURE CARD DULY COMPLETED (SCANNED SIGNATURE ON PLANE SHEET CAN BE USED FOR ONLINE REGISTRATION)

3. PASSPORT SIZED PHOTOGRAPHS OF EACH SIGNATORY TO THE ACCOUNT WRITTEN ON THE REVERSE SIDE.

4. TWO SATISFACTORY COMPLETED REFERENCE FORMS.

5. PROOF OF IDENTITY OF ALL SIGNATORIES AND DIRECTORS/OFFICERS WHOSE NAME APPEAR ON THE ACCOUNT OPENING FORM/DOCUMENT (PREFERRED IDENTITY CARDS ARE NATIONAL IDENTITY CARD, INT’L PASSPORT, NATIONAL DRIVER’S LICENSE AND VALID NIGERIAN INEC VOTER’S CARD. NIN IS MANDATORY

6. PROOF OF ADDRESS OF ALL SIGNATORIES AND DIRECTORS’ OFFICERS WHOSE NAME APPEAR ON THE ACCOUNT OPENING FORM/DOCUMENT (PREFERRED UTILITY BILLS- CERTIFIED TRUE COPY IS ACCEPTABLE IF ORIGINAL IS NOT HELD.

7. FORM C07- PARTICULARS OF DIRECTORS AND FORM C02- ALLOTMENT OF SHARES, OR STATUS REPORT AS CAPTURED ON RECENT CAC DOCUMENTS

8. COPY OF MEMORANDUM & ARTICLE OF ASSOCIATION (CERTIFIED AS TRUE COPY BY THE REGISTRAR OF COMPANIES).

9. COPY OF CAC CERTIFICATE OF INCORPORATION

10. TAX IDENTIFICATION NUMBER (TIN)

11. BOARD RESOLUTION, STATING THE DECISION OF THE COMPANY TO OPEN A CORPORATE ACCOUNT WITH THE BANK AS AGREED AT THEIR MEETING, ADVISING DETAILS OF SIGNATORIES AND THEIR MANDATE.

12. PARTNERSHIP OF DEED (WHERE APPLICABLE)

13. POWER OF ATTORNEY (WHERE APPLICABLE)

14. APPROVAL LETTER (FOR GOVERNMENT AGENCY)

15. ACT/GAZETTE (FOR GOVERNMENT AGENCY-WHERE APPLICABLE)

16. INTRODUCTION LETTER (WHERE APPLICABLE)

17. STATUS REPORT FROM BANKER (WHERE APPLICABLE)

18. RESIDENT PERMIT (FROM NON-NIGERIANS)

19. EVIDENCE OF REGISTRATION WITH NIGERIAN INVESTMENT PROMOTION COUNCIL (NIPC)(WHERE APPLICABLE)

20. EVIDENCE OF REGISTRATION WITH SPECIAL CONTROL UNIT OF MONEY LAUNDERING (SCUML)(WHERE APPLICABLE)

21. SEARCH REPORT

22. LETTER OF INDEMNITY (WHERE APPLICABLE)

23. PROOF OF COMPANY ADDRESS

24. BUSINESS PREMISES VERIFICATION CERTIFICATION.

REQUIREMENTS FOR REGISTERED BUSINESS OR SOLE PROPRIETORSHIP ACCOUNT OPENING

1. DULY COMPLETED ACCOUNT OPENING FORM.

2. SPECIMEN SIGNATURE CARD DULY COMPLETED BY SIGNATORIES (SCANNED SIGNATURE ON PLANE SHEET CAN BE USED FOR ONLINE REGISTRATION)

3. PASSPORT SIZED PHOTOGRAPHS OF EACH SIGNATORY TO THE ACCOUNT WRITTEN ON THE REVERSE SIDE.

4. TWO SATISFACTORY COMPLETED REFERENCE FORMS FROM INDIVIDUALS WHO HOLD CORPORATE ACCOUNTS WITH OTHER COMMERCIAL BANKS.

5. PROOF OF IDENTITY OF ALL SIGNATORIES AND DIRECTORS/OFFICERS WHOSE NAME APPEAR ON THE ACCOUNT OPENING FORM/DOCUMENT (PREFERRED IDENTITY CARDS ARE INT’L PASSPORT, NATIONAL DRIVER’S LICENSE AND VALID NIGERIAN INEC VOTER’S CARD. NOTE, NIN IS MANDATORY

6. PROOF OF ADDRESS OF ALL SIGNATORIES AND DIRECTORS’ OFFICERS, WHOSE NAME APPEAR ON THE ACCOUNT OPENING FORM/DOCUMENT (PREFERRED UTILITY BILLS- CERTIFIED TRUE COPY IS ACCEPTABLE IF ORIGINAL IS NOT HELD.

7. COPY OF CAC STATUS REPORT (CERTIFIED AS TRUE COPY BY THE REGISTRAR OF COMPANIES).

8. COPY OF CAC CERTIFICATE OF REGISTRATION

9. TAX IDENTIFICATION NUMBER (TIN)

10. BOARD RESOLUTION

11. PARTNERSHIP OF DEED (WHERE APPLICABLE)

12. POWER OF ATTORNEY (WHERE APPLICABLE)

13. APPROVAL LETTER (FOR GOVERNMENT AGENCY)

14. ACT/GAZETTE (FOR GOVERNMENT AGENCY-WHERE APPLICABLE)

15. INTRODUCTION LETTER (WHERE APPLICABLE)

16. STATUS REPORT FROM BANKER (WHERE APPLICABLE)

17. RESIDENT PERMIT (FROM NON-NIGERIA)

18. EVIDENCE OF REGISTRATION WITH NIGERIAN INVESTMENT PROMOTION COUNCIL (NIPC)(WHERE APPLICABLE)

19. EVIDENCE OF REGISTRATION WITH SPECIAL CONTROL UNIT OF MONEY LAUNDERING (SCUML)(WHERE APPLICABLE)

20. SEARCH REPORT

21. LETTER OF INDEMNITY (WHERE APPLICABLE)

22. PROOF OF COMPANY ADDRESS

23. BUSINESS PREMISES VERIFICATION CERTIFICATION