How to open a Company bank account with First Capital bank

How to open a Company bank account with First Capital bank

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INTRODUCTION

How to open a corporate or company bank account with First Capital bank

Here are requirements to open a company bank account with First Capital Bank

1. Certificate of incorporation – bearing the registrar of companies

2. Memorandum and articles of association –registrar stamp on both copies

3. Company registered address document for registrar-registrar ‘s stamp

4. List of company directors from registrar-must bear the registrar’s stamp –names to agree with

identification documents

5. For a company registered after 15 February 2020 a beneficial ownership declaration form (cr16)

6. current tax clearance certificate from the tax authority

7. identity documents ( valid passport , national id card , driver’s licence) and proof of residential

address( utility bill less than 3 months old ) of all signatories.

8. Identity documents ( valid passport , national id card , driver’s licence ) and proof of a

residential address ( utility bills less than 3 months old ) for all executive directors. For non –

executive directors provide date of birth, place of birth , id number and residential address

9. Identity documents and proof of residence for shareholders with 10% shareholding and above

(i)if corporate body, provide registration number , registered address, registered name and date

of registration (ii) if individual provide ,passport , or id or driver’s licence and residential

address confirmation.

10. Fully completed application form

11. Appointment of bankers

12. Shareholders organogram showing ultimate beneficiary owners – management structure

13. Latest financial statements – #12 months projections ( cash flow statement ,balance sheet and

income statement

14. Company profile

15. Their email address [email protected]

Kindly take note that for item #6, Current Tax Clearance Certificate, you have to use a bank advice note which we can issue to you for USD 20. Contact us: +263716196475 or +263777069078 , email address is [email protected] . For assistance with any other documents and bank account opening, please do not hesitate to contact us.