Jubilee Corperate Accounts
Jubilee Corporate Current Account
Stay ahead of the fast-paced business world with our Corporate Current Account, designed to handle your frequent transactions seamlessly
Requirements for Account Opening
- Duly Completed Account Opening Form.
- Mandate card completed by a signatory to the Account.
- Two (2) favorable reference forms, duly completed by independent and satisfactory entities maintaining a corporate current Account with a bank. Where the reference has been obtained from a customer of another bank, the referee must be certified suitable for that purpose by that bank. This is done on E-reference portal.
- Two (2) recent passport size photographs of each signatory to the account with their names written on the reverse side.
- Copy of certificate of incorporation (original copy must be sighted)
- A certified true copy of Memorandum and Articles of Association (original copy must be sighted).
- Copy of Certificate of Exemption from using “Limited” (where applicable) (original copy must be sighted).
- A certified true copy of Form C07/CAC2.3-particulars of directors (original copy must be sighted).
- A certified true copy of Form CO2 - allotment of shares (original copy must be sighted).
- A certified true copy of form CO2.1-appointment of Secretary.
- Initial Opening Deposit
- Means of Identification for each signatory to the Account.
- Positive Legal Search Report
- TIN (TAX Identification Number)
- Site Visitation Report.
- Board Resolution to open Account (board resolution must be “sealed” with the company iron seal and not stamped.
- Any other special requirements as may be applicable e.g. Residence Permit of signatories (for expatriates), Copy of certificate of Compliance with the Nigerian Enterprises (Promotion Board requirements original copy must be sighted).
- CBN License/approval in principle is required FOR MICRO FINANCE BANKS.
- SCUML in line with the business activities stated above.
- BVN for account signatories - KYC requirement.
Benefits
- Corporate Internet banking
- Mobile Banking
- Email/SMS alerts.
- USSD *737* 321#
Jubilee Partnership Account
Designed specifically for businesses run by multiple partners, our Partnership Account simplifies your financial management. The Partnership account facilitates seamless transactions between partners and the business, Improving transparency and accountability with shared access to account activity.
Requirements for Account Opening
- Duly Completed Account Opening Form.
- Mandate Card duly completed by each signatory to the account
- 2 recent passport-size photographs of all signatories to the Account with their names written on the reverse side.
- Two (2) Satisfactory References
- Partnership deed.
- Partnership Resolution.
- Certificate of registration of business name.
- Form of Application for Registration of Business Name - Form 2.
- Letter of Appointment as Bankers – (should be part of the Account opening forms to be completed by the partnership).
- Form of Identification for each of the signatories to the Account.
- Resident Permit (expatriates only)
- Current Utility Receipt.
- TIN
- Initial Opening Deposit
- Address/Site Visitation Report/KYC Report.
- BVN
Benefits
- Corporate Internet banking
- Mobile Banking
- Email/SMS alerts.
- USSD *737* 321#
Jubilee School Aid Account
Ever considered getting a soft-landing of improving and satisfying your students/wards, we are at your service.
This facility is a medium to long-term facility focused on assisting established and well-structured schools in the area of expansion and procurement of various items for the school.
Features
- Loan application on the school letterhead duly signed by the Proprietress/Proprietor of the school.
- Ministry of Education provisional Approval.
- Certificate of incorporation.
- Cash flow statement of the school.
- Site visitation and verification report.
- A banking relationship of at least 6 months is required.
- 30% equity contribution in case of asset acquisition facility for the school.
- Letter of domiciliation of school fees to the bank.
Benefits
- The maximum loanable amount is N5 million.
- Tenor is two sessions depending on the school calendar
Jubilee Enterprise Account
The Enterprise Account offers seamless transactions and valuable insights to help you manage your finances more effectively. Gain transparency and access to financial advice – all designed to empower your business.
Requirements for Account Opening
- Duly Completed Account Opening Form.
- Mandate card to be completed by each signatory to the Account.
- Two (2) recent passport-size photographs of all signatories to the account with their names written on the reverse side.
- Two (2) satisfactory References.
- Certificate of Registration.
- Form of Application for Registration of Business Name – Form 2.
- Form of Identification for each of the signatories to the Account.
- Resident permit (expatriates only)
- Current Utility Receipt.
- Initial Opening Deposit
- Address /Site Visitation Report.
- Satisfactory Corporate Search Report
- TIN(TAX IDENTIFICATION NUMBER)
- SCUML in line with business activities requiring SCUML
- BVN
Benefits
- Corporate Internet banking
- Mobile Banking
- Email/SMS alerts.
- USSD *737* 321#
Jubilee Corporate Current Account
Stay ahead of the fast-paced business world with our Corporate Current Account, designed to handle your frequent transactions seamlessly
Requirements for Account Opening
- Duly Completed Account Opening Form.
- Mandate card completed by a signatory to the Account.
- Two (2) favorable reference forms, duly completed by independent and satisfactory entities maintaining a corporate current Account with a bank. Where the reference has been obtained from a customer of another bank, the referee must be certified suitable for that purpose by that bank. This is done on E-reference portal.
- Two (2) recent passport size photographs of each signatory to the account with their names written on the reverse side.
- Copy of certificate of incorporation (original copy must be sighted)
- A certified true copy of Memorandum and Articles of Association (original copy must be sighted).
- Copy of Certificate of Exemption from using “Limited” (where applicable) (original copy must be sighted).
- A certified true copy of Form C07/CAC2.3-particulars of directors (original copy must be sighted).
- A certified true copy of Form CO2 - allotment of shares (original copy must be sighted).
- A certified true copy of form CO2.1-appointment of Secretary.
- Initial Opening Deposit
- Means of Identification for each signatory to the Account.
- Positive Legal Search Report
- TIN (TAX Identification Number)
- Site Visitation Report.
- Board Resolution to open Account (board resolution must be “sealed” with the company iron seal and not stamped.
- Any other special requirements as may be applicable e.g. Residence Permit of signatories (for expatriates), Copy of certificate of Compliance with the Nigerian Enterprises (Promotion Board requirements original copy must be sighted).
- CBN License/approval in principle is required FOR MICRO FINANCE BANKS.
- SCUML in line with the business activities stated above.
- BVN for account signatories - KYC requirement.
Benefits
- Corporate Internet banking
- Mobile Banking
- Email/SMS alerts.
- USSD *737* 321#
