Newcastle Bank Corporate Account

Consider your bank account a business asset

When you consider the advantages that come with Newcastle Bank Corporate account, coupled with the support and guidance you receive from your Relationship Manager, you would be right to consider it a valuable business asset.

Limited Liability Company Accounts

Experience a highly personalized approach to business that offers creative financial solutions for your business. See what you require to open a Limited Liability Company account and start to enjoy solutions that mean business.

Account Requirements

Duly filled and signed Account Opening Form
Two (2) Specimen Signature Cards
Two (2) Independent and satisfactory references (completed by another Limited Liability Company or higher.
Two (2) recent and clear passport-size photographs for each signatory to the account
Certificate of Incorporation (Originals to be sighted)
Particulars of Directors – Form CO7 (Certified True Copy by the Registrar of Companies and originals to be sighted)
Memorandum and Articles of Association (Certified True Copy by the Registrar of Companies/Director of Company)
Board Resolution (Signed and Sealed)
Identification of Signatories (International Passport, Drivers License, Voters Card or National ID Card)
Resident Permit (Where the signatory is an expatriate)
Public Utility Receipt
Form CO2 and CAC 2.1 (originals to be sighted)
Visitation Form (Residential and Official)
Letter of Set-Off (Signed and Sealed)
Mandatory Initial Deposit
Risk Assessment Form
Additional KYC Form

Features & Benefits

Corporate Internet
Email/SMS Alert
Debit card (optional)

Available Channels

Corporate internet
Transaction notification
In-branch at any Newcastle Bank branch
Newcastle Bank Direct – our 24/7 telephone
Newcastle Bank ATM nationwide – free cash withdrawal
Access your account using your Newcastle Bank debit card at participating merchant stores for payment of goods and services in Nigeria and anywhere in the world

Electronic

Business is increasingly mobile as opportunities may arise far from home base. Our electronic platforms can keep you connected to your funds wherever you may be on the planet.

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Card Solutions

Paying with plastic is steadily becoming the rule rather then the exception. But our corporate cards aren’t only about replacing cash, as there is so much more you can do with them.