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Re: Requirements In Opening A Corporate Bank Account In Nigeria by Adesiji77: 12:09pm On May 04, 2016
lightheart:
Plus the amount required to open it. Varies according to banks.

abi that one no follow

'E follow' cheesy

You are right that the amount varies. It is also a function of the "product"; banks have developed different kinds of accounts to attract customers.

The applicant can just set aside about N10k to cater for the legal search and cost of chequebook.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by ifyalways(f): 12:17pm On May 04, 2016
Adesiji77:


Not all businesses require the SCUML certificate i.e. "EFCC Clearance certificate". The following businesses are required to obtain it;

1 Dealers in jewellery and luxury goods
2 Dealers in mechanised farming equipment and machinery
3 Tax consultants
4 Trust and company secretarial service providers
5 Dealers and miners of precious stones and metals
6 Supermarkets
7 Practitioners of mechanised farming
8 Real estate agents
9 Estate Surveyors and Valuers
10 Non-Governmental Organizations (NGOs)
11 Clearing and settlement companies
12 Lawyers, notaries, other independent legal practitioners
13 Chartered accountants
14 Hotels and hospitality businesses
15 Pool betting, casino and lottery businesses
16 Importers and dealers in cars and vehicles
17 Religious and charitable organisations
18 Audit firms
19 Consultants and consulting companies
20 Construction companies
So which other business does not require it?
Re: Requirements In Opening A Corporate Bank Account In Nigeria by samhay: 12:41pm On May 04, 2016
Just2okworld,cum and c
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Adesiji77: 12:50pm On May 04, 2016
ifyalways:
So which other business does not require it?

cheesy

Plenty!.Any other business that is not on that list...

-General Commerce

-Poultry Farming

-Manufacturing

-Exports

-Imports (except cars and vehicles)

and so on....

1 Like

Re: Requirements In Opening A Corporate Bank Account In Nigeria by Seunolad1(m): 1:09pm On May 04, 2016
@ o p how much does it take's to open the account
Re: Requirements In Opening A Corporate Bank Account In Nigeria by InvertedHammer: 2:37pm On May 04, 2016
/
This is why Nigeria is on the list of countries where business startup is unwelcoming.

Reference letters to open an account? EFCC clearance certificate?

LMAO.
\
Re: Requirements In Opening A Corporate Bank Account In Nigeria by yomalex(m): 3:18pm On May 04, 2016
Seunolad1:
@ o p how much does it take's to open the account
budget 10k for most banks but Gtbank charges 5k for legal search and gives you free cheque book.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by just2okworld(f): 4:07pm On May 04, 2016
femmykenny:
You don't need all the item above for business registration.
What you need are.


CAC Document

Tin no

Means of identification

10,000 ( depending on the bank)



Evidence of Office address ( nepa/utility bill )

2 guarantor ( corporate account holder )

Yeah!!!
Re: Requirements In Opening A Corporate Bank Account In Nigeria by just2okworld(f): 4:08pm On May 04, 2016
samhay:
Just2okworld,cum and c
Thanks love
Re: Requirements In Opening A Corporate Bank Account In Nigeria by aariwa(m): 5:40pm On May 04, 2016
Consultville:
Basic Requirements Needed To Open A Corporate Bank Account In Nigeria

1. Resolution from the Board of Directors/Proprietor(s) authorizing the opening of the account and approving the account signatories.

2. Affix Company Seal

3. Completely filled-up Corporate Account Opening Form signed by the company’s designated signatories (attach all required documents on the form)

4. Certified true copies of Incorporation documents

5. Proof of Residential Address of Signatories, Directors.

6. Passports Photograph of the signatories

7. Bank Verification Number of Directors or Proprietors

8. Valid means of Identification (International Passport, Drivers License, National Identity Card or Voters card) of Directors/Proprietors

9. Tax Identification Number for the Company

10. Utility Bill of Business Address

11. SCUML Registration where applicable

12. For foreign Nationals require other special requirements (Business Permit, Residence permit etc)
Duly filled two Reference Forms by Corporate Account Holders

Sauce Source: http://regville.com/blog/basic-documents-needed-to-open-a-corporate-account-in-nigeria/
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Nobody: 11:08pm On May 04, 2016
For Business, Private Limited Liability (LTD), Public Limited Liability (PLC), Unlimited Company, Incorporated Trustees Registration with Corporate Affairs Commission (CAC): call 07015530202, 07046492047

Registration of Business name and Limited Company is 3weeks if you are registering through us. #No queries, #No delays

We also offer consultancy services. Feel free to contact us.
Prices are Affordable.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Astutechris(m): 9:53pm On Oct 25, 2016
Adesiji77:


Not all businesses require the SCUML certificate i.e. "EFCC Clearance certificate". The following businesses are required to obtain it;

1 Dealers in jewellery and luxury goods
2 Dealers in mechanised farming equipment and machinery
3 Tax consultants
4 Trust and company secretarial service providers
5 Dealers and miners of precious stones and metals
6 Supermarkets
7 Practitioners of mechanised farming
8 Real estate agents
9 Estate Surveyors and Valuers
10 Non-Governmental Organizations (NGOs)
11 Clearing and settlement companies
12 Lawyers, notaries, other independent legal practitioners
13 Chartered accountants
14 Hotels and hospitality businesses
15 Pool betting, casino and lottery businesses
16 Importers and dealers in cars and vehicles
17 Religious and charitable organisations
18 Audit firms
19 Consultants and consulting companies
20 Construction companies

Which other business come remain na? undecided
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Afrocentric: 6:50am On Mar 15, 2017
Rich4god:
Contact me if you need a corporate (or any other account) with zenith bank.
how much does it require to open at zenith bank?
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Rich4god(m): 1:45pm On Mar 15, 2017
Afrocentric:
how much does it require to open at zenith bank?
If it's normal savings, #1000... The advert is everywhere.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Afrocentric: 4:56pm On Mar 15, 2017
Rich4god:
If it's normal savings, #1000... The advert is everywhere.
l mean cooperate account
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Rich4god(m): 10:47am On Mar 17, 2017
Afrocentric:
l mean cooperate account
Once ur document is complete, just PM, I will explain further.....
Re: Requirements In Opening A Corporate Bank Account In Nigeria by skyhighweb(m): 1:23am On Jan 23, 2018
Rich4god:
Contact me if you need a corporate (or any other account) with zenith bank.
i need one co-operate acc
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Rich4god(m): 7:45pm On Jan 23, 2018
skyhighweb:
i need one co-operate acc
wia is ur location.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Bigdaddy234: 7:50pm On Jan 23, 2018
Be your own Boss register your Business name, Limited company, church,club.......with Corporate Affairs Commission (CAC) of Nigeria with Accredited processionals.

Serious clients only.08080261582

Whatsapp number: 07034672434

We delivered your certificate at your doorstep!
Re: Requirements In Opening A Corporate Bank Account In Nigeria by skyhighweb(m): 7:54pm On Jan 23, 2018
Rich4god:
wia is ur location.
lagos
Re: Requirements In Opening A Corporate Bank Account In Nigeria by abbakin: 4:46pm On Apr 07, 2019
If you want to know the key Requirements for Opening a Corporate Bank Account in Nigeria, or you're not just sure the Best Banks For Business Account In Nigeria that can benefit your future business growth then you need to read this post.

Click Here for more info about Corporate Banking in Nigeria.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Pentolution: 10:20pm On Apr 07, 2019
chekasforchekas:
Please sir, what are the documents to open a dom acc, the question is that am not in town and do I need the BVN to get this done, please if will like an update on that.

you have to first have a naira account. then you need one reference, bvn, photocopy of identification card and NEPA bill.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Pentolution: 10:21pm On Apr 07, 2019
skyhighweb:
i need one co-operate acc
I can open one for you.
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Fannahms: 11:10am On Apr 19, 2019
Please what is this legal search fee that bank charges for corporate account
Re: Requirements In Opening A Corporate Bank Account In Nigeria by chapatti: 12:41am On Mar 12
Robert Kiyasoki my mentor once said that a research was conducted and it was discovered that 80 percent business never makes it more than 5 years before it crashes and that those that ever makes it, 90 percent of them never make a million dollars in 10 years. These days we see Businesses go up and suddenly fallout. It's so difficult to see a new business ever make it to the top without ever falling millions of time.
The reasons are not far fetched at all. We also understand that it is very rare to see any business starter to get it right from the very onset. Very very rare. But determination will stand you tall among all these. So, keep doing the right thing and the needful and trust me your business stands the chance of not failing but success will be all guaranteed.

We have done our due diligence and we have identified some reasons why most Small Businesses Fail in Nigeria. The list goes on and on but we are gonna take the most prevalent ones.

1. No Business Plan

One of the most important Reasons why most Small Businesses Fail in Nigeria, is that most business starters are never prepared. Sometimes they think lack of capital is the major issue. But that's not the issue first. Can you a builder building a house without a plan that involves an architectural work and other plans and yet you expect that house to stand? So many business starters go into business without a proper business plan and that is where it all begins. You can't go into a business without a business and expect to make progress. It's a mirage don't believe it.lick here for the full details
Re: Requirements In Opening A Corporate Bank Account In Nigeria by chapatti: 12:44am On Mar 12
How to Open a Business Bank Account in Nigeria

If you have a registered business in Nigeria and you want to be seen as a serious business person by clients and investors, then you must have a business bank account otherwise known as corporate account. I won’t be telling you which bank to open a business account or not because they all can do that. But what might interest you is that different banks have different and slightly different process of for opening a business account with them. So you can go ahead and open with any bank and be rest assured that it is safe and secured. If you want your business or company consummated into the Nigeria then you need a company bank account. So I will be give it the guide for foreigners on how to open a business/corporate account in Nigeria which also includes the requirements.

The Benefits of Opening a Corporate Business Account in Nigeria

Registering your business account in Nigeria had allot of advantage and some of them happens to be the fact that it will be easier for you to maintain a healthy cash flow. You will be able to work through the tax liability process for either the month, quarterly or yearly. Below are the major reasons why you should open a business account in Nigeria.
A Guide for Business Name Registration in Nigeria

1. Professionalism

having your own business account, sure has allot to do with your company outlook and appearance. As a business owner, you always want your business to maintain a professional outlook and this is one way to make that happen. By keeping your business finances in a corporate account by opening a corporate bank account, this will altogether help you enhance your image of professionalism. For full details, click here
Re: Requirements In Opening A Corporate Bank Account In Nigeria by Nobody: 6:54pm On May 23
How long does it take to get a corporate account open?

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