Current Accounts
A cheque issuing product designed to meet the needs of customers who want to issue cheques to third party and also enjoy the flexibility the product affords.
FEATURES
- Flexible opening balance Cash/ cheque lodgements and payment
- Clearing of banking and financial instruments.
- Withdrawals on demand.
- Monthly statements of accounts (By Email or Surface Mail)
- COT charged according to bankers tarif
PRODUCT BENEFITS
- ATM card.
- Internet banking access. (On Demand)
- Availability of COT Concessions for large turnover.
- Interest payment on minimum balance to be determined by the Banks’ management
- Facilitates transfer of funds
- Ease of payments
- Cheque book issued in the name of the account
- Availability of Overdraft/Loan facility on application
- Availability of Business & Personal Travel Allowance (Conditions apply)
- SMS alert (On request)
REQUIREMENTS
a) Account Opening Form duly completed.
b) One specimen signature card duly completed by each signatory to the account. (Signatories to sign these cards in the presence of an officer of the
Bank).
c) Two independent and satisfactory references. s.
d) Two (2) passports –size photographs of each signatory to the account.
In case of Corporate customers:
e) All the signatories of the company must provide satisfactory evidence of Identity.
f) Board Resolution on the company.
g) A copy of Certificate of Incorporation.
h) A copy of Memorandum and Articles of Association.
i) A copy of Form C07 Particulars of Directors
j) Authority to debit the account for search fees
