Accounts > Current > Corporate Account

CORPORATE ACCOUNT

A corporate account refers to an account that specializes in offering services for companies and offshore businesses. Its differentiation from personal and investment bank accounts lies on the fact that it provides services targeted directly to businesses. And these are companies registered under the company’s Registration Act

FEATURES

Cheque book

REQUIREMENTS:-

  • Original or certified copy of certificate of incorporation
  • Original or certified copy of memorandum & articles of association
  • Board of Directors resolution to open an account in MTDB( Stating names &number of signatories to sign)
  • Original & photocopy of national identification card or passport of the directors& signatories (original to be availed for verification)
  • Latest two colored passport size photographs
  • A letter of introduction from MTDB ACCOUNT HOLDER(Application letter)
  • Alien certificate of registration(in case of foreign national)
  • Trade license from chamber of commerce
  • Taxation certificate
  • Office of residential/ rent (contract of rent)
  • Source of income certificate
CORPORATE ACCOUNT