KYC DOCUMENTATION REQUIREMENTS FOR OPENING CORPORATE CURRENT ACCOUNTS
KYC documents required for opening corporate current accounts be streamlined as
follows:
SN
Particulars
1.
Duly Filled and singed
Opening Form
One (1) Specimen Signature Card
Two (2) Independent and Satisfactory
reference
One (1) recent and clear passport- size
photograph of each signatory to the
account
Certificate of Incorporation (Original
to be sighted)
Particulars of Directors – Form C07
(Certified true copy by the registrar of
companies and original to be sighted)
2.
3.
4.
5.
6.
Current
Status
Account Required
Required
Required
Required
Required
Required
Required (original may not
be sighted)
Required only for limited
liability
companies
(Certified True Copy not
required; , original to be
sighted not required)
Required only for limited
liability
companies
(Certified True Copy may
not be required; original to
be sighted not required)
Required (Certified True
Copy by Registrar of
companies may not be
required)
Required (stamp is also
ok). Only for limited liability
companies
Required
Required
Share Allotment – Form CO2 (Original Required
to be sighted)
8.
Memorandum
and
Articles
of Required
Association (Certified True copy by the
registrar of companies / Director of
Company)
Board Resolution (Signed and Sealed) Required
10.
11.
Required
Required
Required
7.
9.
Updated Status
Identification
of
Signatories Required
(International
Passport,
Driver’s
License, Permanent Voters Card,
Permanent Voters Card or National ID
Card)
Resident Permit (Where applicable)
Required
Required (All foreigners
doing business in Nigeria.
CERPAC can also be
accepted. For limited
liability
companies,
1
12.
13.
Special Control Unit against Money Required
Laundering
(SCUML)
certificate
(Where applicable)
Public Utility Receipt
Required
Resident Permit is for
active members only)
Required (only for DNFBPs
such as betting and lotto
companies)
Required (valid for 6
months from current date)
2