toastmagazinenigeria:
Wanna share my experience at GTB Central business District in Abuja here.

Seems Coolkizzy and Denn are both having conflicting notion about the account opening and all.
The fact here is that both of you are partially right.
Today at the bank I was required to present these:

1. The original CAC certificate plus the other documents included on that dispatch brown envelop from CAC

2. Valid ID

3 TIN number

4. Company stamp (for business name)
Stamp + seal (for LtD)

5. You need to guarantors from the same bank (ie if u are designated to Gtb...u need 2 (two) guarantors from gtb that operate cooperate accounts with the bank...same applicable to other banks....from what my account officer said, u could still get guarantors to sign the form for you from another bank BUT the hitch as regards this is that...they 'll have to mail the other bank from which the guarantors are from to confirm b4 allowing you to access your funds but this doesn't mean your account can't be opened. So the long and short of the idea of getting guarantors from same bank to sign on the form is just for the EASE and Convenience of Confirming their status as regards standing in for you in case of any need for the bank to contact you.

5 photocopies of these documents will be made in the bank as a photocopier is readily available

6 you'll also have to fill in the cooperate aCcount form patiently and meticulously. The Questions are quite straight forward and easy 45mins max u should be done.


7. The account officer asked a couple of questions as regards you place of business
Or residential address as the case may be.
Simple questions like : color of the building, gate color..fenced or not? Etc
This is because the banks will still verify your address using their independent agent to either get a clear glimpse about the customer in question and check-mate fraud in future if need be.


8. Youwin gave banks a one week deadline to revert back to them as regards accounts and all. So the earlier you get done with yours ...the faster you get your tranch 1. As simple as that.

Finally, wishing all in the house a hitch free account opening experience where ever you are. This's my own little quota to show appreciation for this wonderful thread so far.

E-hugs.

hmbs:
Pls how many of YOUWIN 3 awardees were invited for this presidential launch?which businesses are they into?

blink182:
You guys are just paranoid over nothing.

I hope no one has resigned from work though...terrible!

bizhub:
What of those that were given amount less than what the applied how do they go about the buisness to avoid being choked in the businessthanks

chukwuka12:
Please is it compulsory to go 4 d presidential lunch on monday?? I was invited. But not sure I can mahe it.

jeffmyson:
Youwin 4 will be launched on Monday 17th November. Business Plan submissions start same day too. Please inform your friends and associates!

Bigboyz32:
I thought it was another program"small n medium enterprise venture capital" wey d president wan launch? Youwin 4 follow too?
Also, na d 17th b presidential award for Youwin awardees too? We need clarifications on dz from those closer to d ogas at d top.

Bigboyz32:
I thought it was another program"small n medium enterprise venture capital" wey d president wan launch? Youwin 4 follow too?
Also, na d 17th b presidential award for Youwin awardees too? We need clarifications on dz from those closer to d ogas at d top.

jeffmyson:
Not all awardee were invited ooh! I did not get any invite, so did many awardees too.

Donxavier:
Tranche 1. Please house what does this exactly mean? For example, if your 10m was approved, does this mean first tranche is only 1million or something

newacca:
Coolkizzy, how is it bro? Youwin4 app will soon be opened. I want to star from where I left. I want to know where I got it wrong in the second stage of Youwin3.
I am directing this to you because we are in the same industry : beauty and personal care.
My question: are you employees on commission i.e pay per performance or they are all on fixed salary. In my case, only the receptionist is on fixed salary.
While this might not be the reason I was chosen as an alternative in the second stage, I am trying to know where I got it wrong. Though, I figured out I made a slight mistake on the spreadsheet but I've learnt my lesson, in competition like this, no chances are left for any mistake.
I would be looking forward to hearing from you and every other member with similar experience.

CoolKizzy:


One of the risks associated with with our kind of business is high employee turnover, to mitigate this risk employees are placed on a merger BASIC salary while they earn by commission, this will make them relaxed and patient when the business suffers teething problems, first three-four months.

that was how I reasoned and that was what I told youwin, hope this helps

CoolKizzy:


One of the risks associated with with our kind of business is high employee turnover, to mitigate this risk employees are placed on a merger BASIC salary while they earn by commission, this will make them relaxed and patient when the business suffers teething problems, first three-four months.

that was how I reasoned and that was what I told youwin, hope this helps