FOREIGN CURRENT ACCOUNT DOMESTIC SHIPPERS / AIRLINES on behalf of their overseas Parent Company
Can be opened by Shippers / Air Lines who acts as agents on behalf of their Overseas Parent Company.
Bank’s standard account opening forms should be completed.
Initial deposit USD 2,500/- for Corporate.
Standard Bank Mandate.
Cheque books are NOT issued.
Standing Instructions are accepted.
Statements are issued monthly or as required by customers (for corporate accounts).
Maintained in US Dollars.
Automated Phone banking (ATB)/Business Internet Banking (BIB) is available Utility Bill payments can be effected through Automated Teller Machine (ATM) / Automated Phone banking (ATB)/ Business Internet Banking (BIB) by debiting the Current Account.
No interest is paid on credit balances.
Certificate of Incorporation.
Board Resolution duly signed by The Chairman of the meeting and countersigned by the company secretary.
Memorandum & Articles of Association. (All original documents to be sighted by the Bank and copies held)