Sole Proprietorship / Partnership Current Account
The Sole Proprietorship / Partnership Current Account is designed to provide flexible banking solutions for entrepreneurs and partnership businesses, ensuring smooth daily operations and access to modern financial services.
Features & Benefits
Minimum opening balance: Le 250
Zero minimum operating balance
Lodgment of charges and dividend warrants
Access to debit cards
Access to internet banking
Access to consumer credit facilities
Target Market
This account is ideal for:
Sole proprietorship businesses
Partnership companies
Documentation Required
To open a Sole Proprietorship / Partnership Current Account, applicants must provide:
Duly completed account opening form
Valid National ID of each partner / sole proprietor
Two passport-sized photographs of each signatory
Address verification (utility bill not exceeding three months)
Two satisfactory current account references
Signed right of set-off form
Certificate of registration of the partnership / sole proprietorship
Application for business registration of the business name (partnership)
Partnership agreement (if applicable)
Duly signed letter of authority to debit account for business search
Duly signed cheque confirmation (signatories)
Valid City Council & NRA documents
ECOWAS ID or International Passport (for foreign applicants)
