Partnership/Sole Proprietorship Current Account
This is a normal checking account meant for Small and Medium-Sized Enterprises (OMEs).
Features & Benefits
- Zero minimum opening balance
- A cheque book
- Funds Transfer
- Free monthly statement
- Access to ATM/VISA card
- Monthly account maintenance fee of D100.00
- Commission on turnover (COT) of D3.00 for every D1,000.00 is charged upon withdrawal
- Free E-banking subscription (SMS alert, mobile banking, internet banking, statement by email etc)
- Access to short and long term financing ( loans, overdrafts and cheque discounting)
- Trade finance facilities (Letters of credit, bills for collection, usance, bonds & guarantees)
Free financial advisory services
Requirements
The following are required to open an account:
- Copy of certificate of business registration
- One (1) recent passport size photograph of each signatory
- Copy of national ID card, passport or drivers license of each Gambian signatory
- Copy of Taxpayers Identification Number (TIN) of owner/business
- Residence / Work permit for foreign nationals working in The Gambia
- Reference letter from current account holder Individual/ Corporate
- Partnership deed (where applicable)