BNCTL
“This service is offered to a financial institution providing financial services.”
Requirements:
ORGANIZATIONS (NGOs, FOUNDATIONS, ASSOCIATIONS & COOPERATIVE)
1. Current Mid-Body Photography 3x4 Colorful Hold 1.
2. Copy of Voter Card/BI/Passport will be valid (Minimum 2 (two) Identity Cards).
3. Work Visa/Residence Visa/Special Stay Authorization (Valid for Non Residence/Foreigners).
4. Certificate of Debt.
5. Commercial Registration Certificate (Legalize SERVE).
6. Economic Activity Authorization (Legalize SERVE).
7. Statute (Legalize SERVE).
8. Simple written declaration of the holder of the shareholding or corresponding voting rights in at least 5% of the share capital and the manager of the collective body (if any).
9. Foreign Investment Authorization or Investor Certificate (if applicable).
10. Company Location Map.
11. Company Structure.
12. Power of attorney for the movement of accounts by the Director of the Company, if giving Authorization to Company Employees to access the Company's Account-Authenticated at the Notary Notarized Power of Attorney (If Any).
Terms and Conditions:
Checking Accounts available to: individuals and commercial companies.
Check the: available facilities.
The minimum initial deposit for opening an account is: USD 100.00.
The minimum balance amount in the account must be: USD 100.00.
Fee for issue of 25 pages of check: USD 15.00.
Interest rate of 0.25% per annum on a minimum daily balance of: USD 50,000.00.
Monthly maintenance fee: USD 1.00.
“This service will be offered to cooperative institutions, associations, NGOs, and other groups that are registered with proof of certificate.”
Requirements:
1. 1 colour copy of current passport size photo (3x4) can be taken directly at the Bank.
2. Copy of valid Electoral Card/Identity Card (BI)/Passport (Minimum copies of 2 identity card).
3. Work Visa/Residential Visa/Special Stay Visa (Applicable for Non-Residence/Foreigners).
4. Evidence of Certificate/Deed of Registry (from the Notary – Ministry of Justice).
5. Statute (Certified by the Notary – Ministry of Justice).
6. Authorisation letter from the Director and/or the responsible staff for account opening, with official company’s signature (if available).
7. Authorisation Letter for Bank Account Transactions (if available).
8. Company’s Location Map.
9. Structure.
Terms and Conditions:
Cheque account available for: both individuals and non-for-profit groups.
Cheque facility: available.
Initial deposit for account opening, minimum: USD 100.00.
Minimum balance amount within the account should be: USD 100.00.
Fee for issuing 25 pages of cheque: USD 15.00.
Interest fees 0.25% per annum within a daily minimum balance of: USD 50,000.00.
“This service will be offered to the government institution and public institutions that normally received funds form the Ministry of Finance.”
Requirements:
1. 1 colour copy of current passport size photo (3x4) from each of the Responsible Officer or can be taken directly at the Bank.
2. Copy of valid Electoral Card/Identity Card (BI)/Passport (Minimum copies of 2 identity card) from each of the Responsible Officer.
3. Official Letter from the Responsible Officer for opening a bank account and to be signed under the Entity’s name (applicable for Public Enterprise or Public Institute).
4. Authorisation Letter from the Ministry of Finance – Director for Treasury for opening a bank account and to be signed under the Entity’s name.
“This service will be offered to commercial companies, consortiums, and companies of individuals (Enin).”
Company Account Requirements:
1. Current Photography Half Body 3x4 colored Hold 1.
2. Copy of Voter Card, BI or Passport will be valid (Minimum 2 (two) Identity Cards).
3. Work Visa/Residence Visa/Special Stay Authorization (Valid for Non Residence/Foreigners).
4. Certificate of Debt.
5. Commercial Registration Certificate (Legalize SERVE).
6. Economic Activity Authorization (Legalize SERVE).
7. Statute (Legalize SERVE).
8. Simple written declaration of the holder of the corresponding shareholding or voting right in at least 5% of the share capital and the manager of the collective body (if any).
9. Foreign Investment Authorization or Investor Certificate (if applicable).
10. Company Location Map.
11. Company Structure.
12. Power of Attorney for the movement of accounts by the Director of the Company, if giving Authorization to Company Employees to access the Company's Account-Authenticated at Notary/Notarized Power of Attorney (If Any).
Sole proprietorship (ENIM) requirements:
1. Current half body photo 3x4 colors 1 sheet.
2. Copy of Voter Card/BI/Passport (Minimum 2 Identity Cards) will be valid.
3. Work Visa/Residence Visa/Special Stay Authorization (Valid for Non-Resident/Foreigner).
4. Certidão de Registo Commercial (Legalize SERVE).
5. Location map.
“This service will be offered to the entities who are implementing non-for-profit activities, for example, the Church, Parties and Groups.”
Party Account Requirements:
1. Current Mid-Body 3x4 Color Photography 1 sheet.
2. Copy of Voter Card/BI/Passport will be valid (Minimum 2 (two) Identity Cards).
3. Definitive Party Registration (for new party).
4. Statute of the Party.
5. The request letter opens the bank account of the party's highest representative/municipal headquarters.
6. Party Structure.
7. Location Map.
Group Account Requirements:
1. Group Profile: Group Introduction, Group Purpose, Group Mission and Vision.
2. Current 3x4 color photography 1 leaf.
3. Voter Card/BI/Passport (Minimum 2 (two) Identity Cards).
4. Structure Group.
5. Location Map.
6. Letter of Authorization for movement of Bank account from Group Head.
NB: If you receive any support or subsidy from any Ministry must be attached with a letter from the relevant Ministry.
Church Account Requirements:
1. Current Mid-Body Photography 3x4 Color 1 leaf.
2. Copy of Voter Card/BI/Passport will be valid (Minimum 2 (two) Identity Cards).
3. Work Visa/Residence Visa/Special Stay Authorization (Valid for Non-Residence/Foreigner).
4. Status.
5. Structure.
6. Certificate of registration/deed from the Notary-Ministry of Justice (applies to Foundations and Associations).
7. Certificate of Debts (if applicable).
8. Account Opening Declaration/Request Letter from the top Manager.
9. Letter of Authorization for movement of bank account (if any).
10. Location Map.
NB: You can also open an account at 1003 (Group Account) Starting balance USD 5.00.