Sunday, May 18, 2008

Documents Required to open Sector Corporations Account:

Following are the documents required to open the account;
  • Account Opening Form to be filled with detailed information
  • Certificate Copy of relevant Presidential Order/Act of Parliament establishing the Corporation
  • Resolution of Board of Directors/Competent Authority to open a bank account
  • Certified copy of list of Directors
  • Transaction Profile to be filled indicating the numbers of transaction will be made to this account on monthly basis
  • Proper identification documents of the authorized person of the account
  • Passport size photograph of the authorized person of the account
At the same time bank must complete the KYC formalities as well.

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