Sunday, May 18, 2008

Documents Required to open Club/Society Account:

Following are the documents required to open a Club/Society Account:
  • Account Opening Form supplied by the bank to be filled with full information
  • Certified copy of Registration Certificate
  • Certified copy of Charter/Bye-Laws and Regulations/Constitution of the organization
  • Copy of Resolution of Managing Committee/Executive Committee for opening account in a bank duly certified by the Chairman/Secretary of the organization
  • List of members of the managing Committee/Executive Committee duly certified by the Chairman/Secretary of the organization
  • Transaction Profile to be filled mentioning the expected transaction will be made to this account on monthly basis
  • Passport size photograph of the authorized person those are involved to operate account
  • Proper identification documents
At the same time bank must follow the guideline of KYC as well.

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