Opening a corporate bank account is mandatory but often frustrating. Banks have rigorous KYC requirements and processing times vary.
When to Start
Approach banks once your CR is issued. Some begin the process in parallel with CR if you have a MISA licence.
Documents Needed
CR, Articles of Association, partner ID documents, MISA licence (if applicable), address proof, and board resolution for signatories.
Tips
Prepare all documents before your first visit. Have everything attested and translated. Some banks are more experienced with MISA-licensed entities — ask upfront.
