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.
Cheque book use
- 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.