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INTRODUCTION

How to open a company bank account with FBC

Here are the requirements to open a company bank account with FBC.

*Certificate Of incorporation

*Memorandum and Articles of Association

*CR6 form

* CR 14 / CrR5 form 

*Director’s and signatories document*

*Copy of ID / valid passport

* Proof of residence in your name / letter from employer utility bill ZESA ( must be within the last 3 months

* Passport photos x 2

* Constitution( for cooperatives /societies groups n clubs

*Registration certificates ( for cooperative)

*Resolution to open

* Tax Clearance certificates Zimra ( we will give you a bank advice note)

* $20000( corporates) intial deposit $10000 minimum balance $8500

* Service fee $2000 per month

 *All directors are need when signing

The requirements to open a company bank account with FBC are almost the same with opening a company account with the other banks. The only difference lies in that FBC requires a constitution for Cooperatives.

Remember, opening a company bank account is one of the crucial step in formalising your business. Why not get the assistance of qualified professionals to prepare all the required documents for you?

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