2.5 Opening a bank account

Opening a cheque account for the business has been discussed in sub- section 2.3.4 (b) and section 2.4 above. All banks have their own procedures for opening business accounts. You will need to visit the bank of your choice should you wish to open a business account.

The documentation required by the bank differs from bank to bank. But they all require original documents to be submitted. If you have access to the internet then you could visit the website of the bank of your choice.