Business Current Account

Imperia Bank offers business current accounts in US dollars, euros, and pound sterling.

Features/Benefits

Convenience for frequent business transactions
Low initial deposit
May be used to access credit facilities after satisfactory
operation
The account holder can deposit or withdraw money any number of times
May operate a connected Call Account which allows you to earn interest on funds that are not needed immediately
Access to our suite of e-banking services

Current Accounts are offered to the following entities:

Requirements for Limited Liability Companies

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a valid ID for each signatory to the account
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Submit Business Registration Documents (Original/certified true copy)
Board Resolution to open account signed by Chairman and Secretary (specimen letter available in-branch)
Letter of introduction from auditors (specimen letter available in-branch)
Application on company’s letterhead to open account signed by the managing director or authorized officers
Specimen signatures of authorized signatories
Company stamps/seal
Complete Know Your Customer (KYC) Forms for the company and for each signatory to the account

Requirements for Sole Proprietorships/Enterprises

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a photo ID (Driver’s Licence or biometric Passport, National ID) for each signatory to the account
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Submit Business Registration Documents (Original/certified true copy)
Where a current account is being opened, an introductory letter would be required from any of the following:

A Imperia Bank current account holder
A reputable individual of good standing (i.e. senior public office holder, recognized professionals, lawyers, doctors, accountants, senior banking officials, reputable religious leaders) – subject to verification/confirmation by the Bank

Specimen signature of the signatory
Complete Know Your Customer (KYC) Forms for the company and for each signatory to the account

Requirements for Societies/Clubs and Associations

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a valid ID for each signatory to the account
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Certificate of registration – (If any)
Constitution/by-laws
Resolution by the general body or members to open account signed by chairman and secretary
Where a current account is being opened, an introductory letter would be required from any of the following:

A Imperia Bank current account holder
A reputable individual of good standing (i.e. senior public office holder, recognized professionals, lawyers, doctors, accountants, senior banking officials, reputable religious leaders) – subject to verification/confirmation by the Bank

Complete Know Your Customer (KYC) Forms for the company and for each signatory to the account

Requirements for Partnerships

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a valid ID for each signatory to the account
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Submit Business Registration Documents (Original/certified true copy)
Letter of introduction from auditors (specimen letter available in-branch)
Specimen signatures of authorized signatories
Complete Know Your Customer (KYC) Forms for the company and for each signatory to the account

Requirements for Joint Entitles

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a valid ID for each signatory to the account
A valid resident permit is required for the non-European resident in Europe (To be confirmed by the Bank)
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Where a current account is being opened, an introductory letter would be required from any of the following:

A Imperia Bank current account holder
Employers
A reputable individual of good standing (i.e. senior public office holder, recognized professionals, lawyers, doctors, accountants, senior banking officials, reputable religious leaders) – subject to verification/confirmation by the Bank

Requirements for Trustees

Complete an Account Opening Form
Attach two (2) passport-sized photographs of each signatory
Provide a valid ID for each signatory to the account
Submit proof of residence (e.g. utility bill, sketch to the residence, etc.) of each signatory to the account
Where a current account is being opened, an introductory letter would be required from any of the following:

A Imperia Bank current account holder
A reputable individual of good standing (i.e. senior public office holder, recognized professionals, lawyers, doctors, accountants, senior banking officials, reputable religious leaders) – subject to verification/confirmation by the Bank