Business Current Account

Account Type:

  • Transactional Account ideal for business

Features:

  • Standing instructions: Automatic payments made by the bank for a stated amount on a fixed date and period as per the customer's instruction.
  • Funds transfers: Customer can move funds from one account to the other within and without the bank.
  • Telegraphic Transfers: Available for the transfer of funds to other banks and branches internationally.
  • Debit Cards: Available to company executives and/or their authorized employees.
  • Payroll Management: This can be done through our Paynet service.
  • Eligible for Loans and Overdrafts: Subject to health checks.
Transaction Limits No Transaction Limit.
Channels ATM, POS, Internet Banking.
Dormancy 90 Days.
Qualifying Criteria Opening deposit.
Business in operation for more than 3 months.

This account is offered by BancABC, part of Atlasmara.

Minimum balances and applicable fees are subject to change, check regularly for updates.

Requirements

What you need

  • Certified copies of Directors and Signatory IDs
  • Directors and Signatory proof of residence not older than 3 months
  • Certified copies of Certificate of Incorporation
  • Certified Copy of Memorandum and articles of association
  • Director's resolution authorizing opening of account
  • Current Tax Certificate
  • CR 6 and CR14 and CR 2
  • Proof of income for the business