Community Current Account

This account is SPECIFICALLY for REGISTERED Non-Government and Profits Organizations(Clubs, Societies, Associations, Churches) who want to enjoy our Banking services.

PLEASE NOTE: Only CAC confers registration on all organisations.

Create Account

What You Will Need

  • A complete application form Download the PDF HERE.
  • 2 completed signature specimen cards of all authorized signatories with their signing rules properly regulated.
  • 2 completed reference forms.
  • 2 recent passport photographs of each signatory to the account.
  • Valid identification of all authorized signatories i.e. International passport, Driver's license, National ID card, Voters card, NIMC card or Resident permit (for foreign nationals)
  • Proof of address i.e. a recent utility bill (PHCN/Water bill)
  • Copy of rules/constitution as signed by a least 2/3 (two-third) of key principle officers Certificate of resignation from CAC (for Community Current Account

Features

  • Opening minimum balance of N10,000
  • No Credit Interest
  • Minimum operating balance of N10,000
  • Competitive interest rate on community savings deposits
  • Debit Turnover of ₦1million per excess will be charged ₦3/mille.
  • Issuance of Cheque book
  • Free Access to internet Banking
  • Free withdrawal from all branches

Benefits

  • No COT
  • Internet banking at your convenience

ACCOUNT OPENING REQUIRMENT

  • Duly Completed Account Opening Form (Completed Personal Information Forms of each signatory)
  • Two Recent Passport Photographs of each signatory
  • 2 Duly Completed Signature Specimen Cards of all authorized signatories with their signing rules indicated
  • Valid Means of Identification and BVN
  • Proof of Address
  • Certified True Copy of Constitution/Rules
  • 2 Duly Completed Reference Forms
  • Certificate of registration from CAC or Proof of formal registration in line with the laws of Individual states and any other law currently in force which grants legal personality to such registered.
  • TIN

Open a Community Current Account

Start an Application Now To Open Your Account In a Few Minutes.

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