Current account for a sole proprietorship
Company The Institution Account allows you to formalize your relationship with your bank. It is made official by signing an account agreement.
Conditions to open an account:
- A request to open an account, on official letterhead
- Extract from the Trade and Companies Register and property credit register
- Photocopy of a valid piece of ID (passport, national identity card, residence permit)
- Two Passport/ID photos for the Manager
- A residence certificate or an electricity or water bill older than 3 months
- The list of people with signature authority over the accounts along with certifying documents
- An initial deposit of 1 500 000 GNF, 500 USD, 500 EUR
- Possibility to deposit, withdraw and transfer money, deposit checks and effects, certification…
- Free check book and monthly bank statements
- Payment of account management fees at the end of each month
Advantages:
- Possibility to obtain bank facility depending on the nature of the project and the client’s potential
- Gives you access to different means of payment (check, card…)
Current Account for Limited Company/ LLC
It allows you to formalize your relationship with your bank. It is made official by signing an account agreement.
It is simple and comprehensive, and it gives you access to different payment methods (check, card…) as well as allowing you to process credit or debit financial operations.
How to Open an Account
- A request to open an account, on official letterhead
- Extract from the Trade and Companies Register and property credit register
- Photocopy of a valid piece of ID (passport, national identity card, residence permit)
- The minutes of the Board of Directors naming the officers and specifying their position when not stated in the statutes (CEO, Chairman, General Director, General Administrator) for LC.
- Photocopy of certified statutes
- A valid piece of ID for all principals and signing officers: national ID card, residence permit, or passport;
- Two Passport/ID photos for all principals and signing officers
- A residence certificate or an electricity or water bill older than 3 months
- The list of people with signature authority over the accounts along with certifying documents for all principals and signing officers
- An initial deposit of 1 500 000 GNF, 500 USD, 500 EUR
How it Works
- Possibility to deposit, withdraw and transfer money, deposit checks and effects, certification…
- Free check book and monthly bank statements
- Payment of account management fees at the end of each month
Advantages:
- Possibility to obtain bank facility depending on the nature of the project and the client’s potential
- Gives you access to different means of payment (check, card…)
- Wiring your employees’ salary by sending us an electronic form (less administrative tasks and safer operations).
Embassy Account
How to Open an Account
- Letter of assignment from the Ministry of Foreign Affairs
- The list of people with signature authority over the accounts along with certifying documents (minutes, delegation of signing authority);
- A water or electricity bill or lease for the institution older than 3 months
- A valid piece of ID for the signing officers: national ID card, residence permit, or passport;
- 2 Passport/ID Photos of all principals and signing officers
- A residence certificate or an electricity or water bill older than 3 months
- An initial deposit of 1 500 000 GNF, 500 USD, 500 EUR
Account for Associations NGO/Clubs
How to Open an Account
- The minutes of the Board of Directors naming the directors and administrators
- Photocopy of certified statues
- Ministerial agreement
- Internal regulations
- Photocopy of a valid piece of ID (passport, national identity card, residence permit) for all principals and signing officers
- 2 Passport/ID Photos of all principals and signing officers
- A residence certificate older than 3 months or lease contract for individuals and signing officers
- The list of people with signature authority
- An initial deposit of 1 500 000 GNF, 500 USD, 500 EUR
