When opening an individual current account, the following will typically be required by most banks.
- Passport-sized photographs of all signatories to the account – 2 in most instances
- Suitable references – 2 in the minimum required by most banks
- For salary account, staff ID or employment letter
- Proof of address documents – public utility bill within the last 3 months such as electricity bill, rent receipt, tenement rate, water rate bill, telephone bill, PHCN bill, and waste disposal bill.
- Proof of identity documents – current valid acceptable means of identification such as International Passport, Driver’s Licence, National Identity Card, Voter’s Registration Card, and any ID type that satisfies the know-your-customer (KYC) requirements.
- Biometric Verification Number (BVN)
- Resident Permit for foreign nationals
When opening a corporate current account, the following will typically be required:
- Passport-sized photographs of all signatories to the account
- Passport photographs of directors
- Passport photographs of significant shareholders
- Biometric Verification Number (BVN) of signatories and directors
- Suitable references – 2 in the minimum required by most banks
- Proof of address documents – public utility bill within the last 3 months such as electricity bill, rent receipt, tenement rate, water rate bill, telephone bill, PHCN bill, and waste disposal bill.
- Proof of identity documents – current valid acceptable means of identification such as International Passport, Driver’s Licence, National Identity Card, Voter’s Registration Card, and any ID type that satisfies the know-your-customer (KYC) requirements.
It is important to note that other requirements may be requested for depending on the bank.