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HOW TO OPEN BUSINESS BANK ACCOUNT IN NIGERIA WITHOUT ANY CAC AND READY WITHIN 20 MINUTE

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To open and operate a business account in Nigerian banks you must be ready to get the following task and things ready • Board Resolution from the Board of Directors authorizing the opening of the account and approving the account signatories • Certified Memorandum and Articles of Association (Memart) • Completed corporate account opening form signed by the company’s designated signatories and the directors of the company. • Certified true copies of incorporation documents. • Residential address of the directors. • Passports photograph of the signatories. • Bank Verification Number of directors. • Legitimate identification document of the directors such as international passport, driver’s license, etc. • Tax Identification Number (TIN) for the company • Utility bill of business addresses such as the Power Holding Company of Nigeria (PHCN), water bill, Lagos Waste Management Authority (LAWMA), etc. • Special Control Unit Against Money Laundering (SCUML) registration where applicable. • S