Accounts > Current > Partnership Account

PARTNERSHIP ACCOUNT

It is a brokerage account in which two or more individuals are equals liable, A partnership Account differs from a Joint Account, The Partnership Account may include a written defining the interest of each partner, It is used mainly for various business  partnership, rather than for married couples.

FEATURES

Cheque book use

REQUIREMENTS

  • Submission of registration certificates of Business name issued form the business Registrar Registration certificates of the partnership if is Registered in the name of one or more partners.
  • Submission of partnership contract agreement documented and approved by the courts Administration, indicating the name and addresses of the partners.
  • Identification of the persons authorized to sing in solidarity and solely; and the limits of the single signatories.
  • Submission of tow (2) passport – size photo for each signatory.
PARTNERSHIP ACCOUNT