Corporate Current Account

Frequently Asked Questions : Corporate Current Account

The minimum daily balance is zero
The following documents are required to open an Corporate account:
  • Documentary evidence of address
  • 2 references
  • 2 Passport photograph
  • Valid ID of each signatory
  • Residence Permit (Foreigners)
  • Forms CO7 and CO2
  • Certificate of Incorporation / Business Registration
  • Memorandum and Article of Association
  • Board resolution
  • Search report
The minimum opening balance for the account is N50, 000.
There is a N1/mille monthly maintenance charge on the Corporate Account.
This is a typical business account. It can be opened for any registered business.
Business Owners, Small and Medium scale enterprises, Sole traders, Professional firms, Joint Ventures, NGOs, Schools, Churches

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