Opening Current Accounts for Governmental Bodies

Service Description:

The department facilitates the process of opening current accounts. Upon completion of the necessary documentation, including the amendment of signature forms, and deduction of commissions, each account is assigned a unique number.

Service Documents:

1.Account Opening Request: Two copies.

2.Sample Signature Cards: Two sample signature cards, legibly completed and certified by the highest authority to which the body belongs, indicating the effective date of the signatures.

3.Letter Requesting Account Opening: A formal letter, duly signed by the highest authority to which the body belongs.

4.Copy of Decree or Decision Establishing Governmental Body: A copy of the decree or decision establishing the governmental body provided by the body requesting the account opening.

5.Appointment Decision: Certified appointment decisions, including the starting date of work for authorized signatories, issued by the competent authority.

Service Fees:

1.Account Opening Commission: 1000 SYP, payable in cash.

2.Signature Form Amendment Fees: 1000 SYP, payable in cash or deducted from the account.

Service Classifications:

Governmental bodies.

Implementation Rate in Days:

3 working days