Requirements for a business bank account with Ecobank Cameroon
Once you incorporate your business in Cameroon, the next thing that you should have in mind is having a corporate bank account for your company. For your business’ health, it’s necessary for you to separate you business transactions from personal transactions. Having an account with one of the most popular banks, Ecobank Cameroon, may be your choice.
I will share with you the current procedures regarding opening a company bank account with Ecobank Cameroon. You should take note that the procedures for opening a bank account in Cameroon are not complicated. These procedures can vary from one bank to another.
Also, the documents required for opening a savings, salary or current account are different. Each bank may have something additional, hence it’s necessary for you to verify with any other bank before hand.
However, to open a business bank account in Cameroon, you need to produce copies of your business registration certificate and business license amongst other documents. If you have not yet incorporated your business, don’t hesitate to get in touch with us to facilitate the work. We can get your company incorporated within 10 and 14 working days.
Private and Public Limited Companies
If there’s any additional documentation needed, the bank will notify you. Note that all originals of the required documents will need to be verified before the account is created. So it’s very necessary for you to take the originals alongside the photocopies.
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This content has been prepared for information purposes only. It is not intended to provide, and should not be relied on for, tax, accounting or legal advice. You need to consult your own tax, accounting or legal advisors before engaging in any transaction.