Opening Current Accounts for Public Banks

Service Documents:

1.Account Opening Request: A request in duplicate submitted to the Service of Correspondence of the Directorate of Services.

2.Authorized Signatories Letter: A letter signed by the account holder's superior authority.

3.Signature Specimen Cards: Two copies of signature specimen cards bearing the official seal and certified by the account holder's superior authority. The cards should specify the account management method and provide the full names of authorized signatories, including their father's name.

4.Licensing Decision: The official decision issued by the Presidency of the Council of Ministers granting permission for the establishment of the private bank.

5.Deed of Association: The bank's Deed of Association.

6.Commercial Register: A certified copy of the commercial register, dated no more than three months prior to submission.

7.Articles of Association: A certified copy of the bank's Articles of Association.

8.Committee Minutes: The initial minutes of the Board of Directors meeting, confirming the approval of the Chairman, members of the Board of Directors, and account management commissioners.

9.Company Registration Decision: The official decision issued by the Banking Supervision Department approving the bank's registration in the register of banks.

Service Fees:

-Fees: 1000 SYP.

Service Classifications:

-Businesses