CORPORATE ACCOUNT. The force of Possibilities

Transcription

1 CORPORATE ACCOUNT The force of Possibilities

2 1. Account opening form duly completed. 2. Two specimen signature cards duly completed by each signatory to the account. 3. Two independent and satisfactory references. Referee must be corporate account holders and not Officers of the company or related companies. Referees who maintain current account with Supreme Microfinance Bank Ltd must have done so for a minimum of six months, Two recent clear passport-size photographs of each signatory to the account with their names and signature written on the reverse side, Certificate of incorporation (Original to be sighted). 6. Memorandum and Articles of Association (certified as a true copy by the Registrar of companies and a director of the company). 7. Certificate of exemption from using "Limited" after name (where applicable). 8. Form CO7-particulars of Directors of the company certified by the registrar of companies (Original to be sighted). 9. Form C02 - Allotment of shares of the company. 10. Residence permits (where applicable). 11. Identification of signatorie s - international passport, driver' s licence or national ID card, (Original to be sighted) Board Resolution appointing Supreme Microfinance Bank Ltd. as the company's bankers and including names of all signatories to the account and directors of the company in attendance. This must be executed under company seal, 13. Mandatory initial deposit. ACCOUNT OPENING REQUIREMENT FOR CORPORATE CURRENTACCOUNT 1 Search report and authority to debit company's account for the cost of search signed by company's authorized signatories,, 1 Public Utility receipt-tax Clearance Certificate(TCC), NEPA bills, Water Bills or telephone Bills (original to be sighted) which must bear the current address of company. 16. Visitation report: This must be conducted on both the registered office of the company and place of residence of all the signatories to the account. The report of this exercise must be documented in the customer's mandate file. 17. A duly completed signatory s personal information form for each of the signatories to the account 18. Duly completed letter of set-off authorising the Bank to consolidate the company's assets towards the satisfaction of its liabilities. 1

3 SUPREME MICROFINANCE BANK LTD APPLICATION FOR THE OPENING OF A CORPORATE CURRENT ACCOUNT OF COMPANY: REGISTRATION NUMBER: COUNTRY OF INCORPORATION: DATE OF INCORPORATION: REGISTERED OFFICE ADDRESS: BUSINESS ADDRESS MAILING/CORRESPONDENCE ADDRESS PARENT COMPANY & COUNTRY OF INCORPORATION CORPORATE TELEPHONE NO.: FAX NO.: NATURE OF BUSINESS (PLS SPECIFY) SECTOR CLASSIFICATION (PRIVATE OR PUBLIC) ANNUAL TURNOVER (N millions): BRANCH CURRENCY OF ACCOUNT RELATED COMPANY

4 BOARD OR RESOLUTIONS FEDERAL REPUBLIC OF NIGERIA COMPANIES AND ALLIED MATTERS ACT, 1990 A. LIST OF DIRECTORS PRESENT S/N POSITION IN ATTENDANCE To: The Manager, Supreme Microfinance Bank Ltd. LETTER OF REFERENCE PLEASE NOTE THAT IT IS DANGEROUS TO INTRODUCE ANYONE WHO IS NOT WELL KNOWN TO YOU 1 (COMPANY SECRETARY) RESOLUTION At the meeting of the board of Directors of held on day of 20 at the company s head office, the following resolutions were proposed and duly passed: 1. In addition to any general lien or similar right to which you as bank may be entitled by law, may at anytime and without notice to us combine or consolidate all or any of company's accounts with the liabilities to you and set off or transfer any sums standing to due credit of anyone or more of such account or any other credit, be It cash. Cheques. valuables, deposits securities, negotiable instruments or other assets belonging to the company with you in or towards satisfaction of any of company's liability to you or any other account or in any other respect, whether such liabilities be actual or contingent, primary or collateral or several or joint. Dear Sir, I/We wish to confirm that we have known the above named person(s) for I/We would like to comment about their suitability for maintaining a current account with your bank 2 The secretary and Director of the Company be, and hereby are authorized to certify to the Bank the names of the present officers of the Company and Other persons authorized to sign for it and the offices respectively held by them, together with specimen of their signature and incase of any change of any holder of any such office or holders of any such offices, the fact of such change and the names of any new-officers and the office respectively held hy them, together with specimens of their signatures, and the Bank be and hereby is authorized to honour any instrument signed by any new officer or officers in respect of whom it has received any.such certificate or certificates with the same force and effect as if the said officer or officers were named in the foregoing resolutions to the place of any person or persons with the same title or titles. 3. The Bank be promptly notified in writing by the Secretary or any other officer of the Company of any change in these resolutions, such notice to be given to each office of the Bank in which any account of the Company may he maintained, that until it has actually received such notice in writing, it is authorized to act in pursuance of these resolutions, and that until it has actually so receive such notice and sufficient time shall have elapse thereafter to permit the Bank in due course and by such means as it may deem appropriate, to notify such of it's department offices, branches and correspondent as the Bank may deem to be concerned thereby, it shall be indemnified and saved harmless from any loss suffered. or liability incurred by it in continuing to act in pursuance of these revolutions, even though these resolutions may have been changed. Provided, that any such change shall not adversely affect the general intendment of this resolution. I/We maintain a current account with: Name of Bank: Address: My/our Account No. Is Yours faithfully. Signature Name: Address: Date 3 11

5 Any and all withdrawals and borrowings of money and or other transactions had on behalf of the Company with the Bank are hereby approved, and that the Bank may rely upon the authority conferred by this entire resolution until the receipt by it of a certified copy of a resolution of this Board revoking or modifying the same. That the company should open and operate a Current Account with Supreme Microfinance Bank Ltd. 6. That the signatories to the account shall be: (B) SIGNATORIES TO THE ACCOUNT S/N CATEGORY SPECIMEN SIGNATURE We FURTHER CERTIFY that there is no provision in the memorandum and articles of Association of the company limiting the power of the Board of Directors to pass the foregoing resolutions and that the same are in conformity with the provisions of the said Memorandum and Articles of Association, We further certify that the Memorandum and Articles of Association of the company given by us to the Bank are amended up to date. We further undertake that any future amendment to the Memorandum and Articles of Association will be advised to the Bank within fourteen days of such amendments. We indemnify the Bank against any loss, expenses and damages it may Sustain through our failure to notify or delay in notifying the bank of any alteration, amendment or addition to the Memorandum and Articles of Association The mandate of the company shall be: We certify that the above is a true and correct: extract of the minutes of the Board meeting Dated at: this: day of: 20. Chairman Secretary 4

6 LIST OF SENIOR MANAGEMENT STAFF POSITION/TITLE To: The Manager, Supreme Microfinance Bank Ltd. LETTER OF REFERENCE PLEASE NOTE THAT IT IS DANGEROUS TO INTRODUCE ANYONE WHO IS NOT WELL KNOWN TO YOU MAJOR PRODUCTS Dear Sir, KEY CUSTOMERS: I/We wish to confirm that we have known the above named person(s) for ACCOUNTS WITH OTHER BANKS (INCLUDING SUPREME MICROFINACE BANK LTD) AND ADDRESS OF BANKER ACCOUNT AND NUMBER I/We would like to comment about their suitability for maintaining a current account with your bank I/We maintain a current account with: REFERENCES AND ADDRESS: NATURE OF BUSINESS/ OCCUPATION BANKER ACCOUNT NO: TYPE OF ACCOUNT: Name of Bank: Address: My/our Account No. Is We requested the opening of a current account with SUPREME MICROFINANCE BANK. We certify that the above particulars are correct Yours faithfully. Signature Date Name: Address: Authorised Signatory & Date (with postage stamp on the column) Authorised Signatory & Date (with postage stamp on the column) Authorised Signatory & Date (with postage stamp on the column) 5 10

7 (FOR BANK USE ONLY) S/N DOCUMENTS OBTAINED IN PLACE WAIVER Identification (a) International Passport (b) (c) Driver s License National ID Card Passport Photograph Verification of Signature Signature Card Company s Mandate Internal Reference Forms External Certificate of Exemption from using Limited After name Certificate of Incorporation Board Resolution CTC of Memo and Art by CAC CTC of Co 7 (Particulars of Directors) by CAC Search Report Visitation Report FROM: TO: DATE: PHYSICAL VISITATION REPORT In line with the Bank s opening requirements, I hereby submit the report on physical visitation to the customer s corporate office and signatories place(s) of residential as follows: (i) (ii) (iii) (iv) (v) OF CUSTOMER CORPORATE OFFICE ADDRESS VISITED TEL: NO. PHYSICAL CORPORATE ADDRESS VISITED HOME ADDRESS SIGNATORIES TO CORPORATE A/C VISITED S/N (S) ADDRESS(ES) TELEPHONE NO.(S) 6. ADDRESS GIVEN BY CUSTOMER (In the Account opening Form) EXPLANATION FOR DIFFERENCE BETWEEN (2 OR 4) & (5) Public Utility Receipt / Invoice Residence Permit Complete Signatories personal Information From KYC / Money Laundaering Form CUSTOMER INTRODUCED BY & SIGNATURE RELATIONSHIP OFFICER & SIGNATURE WAIVER APPROVED BY & SIGNATURE Approved Initial Branch Approval Date DATE OF PHYSICAL VISITATION OBSERVATION OF THE HOME ADDRESS(ES) VISITED A. DOSE THE ADDRESS EXIST B. DOES THE CUSTOMER RESIDE AT THIS ADDRESS? C. DO PEOPLE/NEIGHBOURS KNOW HIM/HER IN THIS AREA/ADDRESS OBSERVATIONS ON THE CORPORATE ADDRESS VISITED A. DOES THE ADDRESS EXIST B. DOES THE COMPANY OPERATE FROM THIS ADDRESS? C. DOES THE COMPANY HAVE ANY OTHER PLACE OF BUSINESS, WAREHOUSE OR FACTORY IF SO, WHERE? IN YOUR OPINION AND CONSIDERING THE OBSERVATIONS, ARE THERE ANY VISIBLE SIGNS OF OPERATIONAL EXISTENCE BASED ON THE ABOVE INFORMATION, I HEREBY CONFIRM THE EXISTENCE OF THE HOME & OFFICE ADDRESS AT: OF RELATIONSHIP OFFICER VISITING ADDRESS(ES) SIGNATURE & DATE OF RELATIONSHIP OFFICER VISITING ADDRESS(ES) 9 6

8 CUSTOMER MANDATE ON CONFIRMATION Date. To: Supreme Microfinance Bank Ltd. To: Supreme Microfinance Bank Ltd Date NON - CONFIRMATION OF CHEQUES In furtherance of We... opening current account No...with Supreme Microfinancc Bank Ltd, We hereby instruct Supreme Microfinance Bank Ltd accordingly to all time honour instrument is drawn on our account without prior confirmation from any of the authorized signatories to the account or any other office of the company as the case may be; We have given this standing instruction to SMFB Ltd, as part of the mandate for the operation of our account with full knowledge of the implications and probable consequences of nonconfirmation of instruments prior to payment and irrespective of the amount involved. In consideration of Supreme Microfinarice Bank Ltd. Opening and allowing us to operate the account as mandated herein, we hereby irrevocably undertake and covenant that we shall at all times hereafter well and truly indemnify Supreme Microfinance Bank Ltd, and keep Supreme Microfinancc Bank Ltd. Fully indemnified and held harmless against all losses, claims, demands, liabilities, actions, proceedings, damages, fees and expenses which may be occasioned to Supreme Microfinance Bank Lid-in consequence of it so acting on our instructions given hereto. LETTER OF SET-OFF In consideration of your providing us financial and/or banking accommodation and other facilities, we agree that in addition to any other general lien or similar right to which you as a bank may be entitled by law, you may at anytime and without notice to us combine or consolidate all or any of our company's accounts with the liabilities to you and set off or transfer any sums standing to the credit of any one or more of such accounts or any other credit, be it cash. cheques, valuables, deposits securities, or negotiable instruments towards the satisfaction of our liability to you or any other account or in any other respect, whether such liabilities be actual or contingent, primary or collateral or several or joint Dated this... day of The common seal of the company is hereunto affixed in the presence of; The foregoing shall be construed as a continuing indemnity and shall not be revoked by us without prior notification to Supreme Microfinance Bank Ltd. Yours faithfully, Director Secretary Company Seal Authorized Signature Authorized Signature 7 8