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Everyday Banking

Equipping you with the right account for the life you lead


Business Accounts

Value added accounts available in both local and foreign currency

Are you planning to start or expand your business? Ecobank can help you with finance. Ecobank offers a range of business products and services designed to help support and grow your business.

Eligibility Requirements

Please ensure you can answer YES to the following questions:

Sole proprietorship / Registered business name / Partnership account / Professional firms

  • Completed account opening form
  • 1 Mandate Card
  • A valid proof of Identity of the proprietors, partners,(current Driver’s license/ National ID/ International passport)
  • Proof of address – Utility bills for the 3 previous months/ site visitation report/ Certificate of residence/ Tenancy Agreement.
  • 2 passport photographs of each proprietor/ partner
  • Valid Business Registration from the Registrar of Companies/Minister of Commerce/ Minister of Internal Affairs
  • 2 References
  • Answer questions on “Know Your Customer (KYC) document

Additional country specific requirements

  • Business card (Togo, Congo, Guinea Conakry)
  • Current Tax Certificate (Chad, CAR, Congo, Mali)
  • Alien ID in place of Residence Permit (Kenya)
  • 2 Letters of Introduction in place of References (Kenya/Tanzania)
  • PIN certificate (Kenya)
  • National Health Insurance card as form of ID (Ghana)
  • Form A (Ghana)
  • Corporate stamp (Guinea- Bissau)
  • Certified Copy of the Extract from the Registrar of Business Names ( Tanzania)
  • Business License (Tanzania)
  • Tax Identification Number (Tanzania)
  • Thumb print of the account signatory (Tanzania)
  • 2 letters of introductions instead of references (Tanzania)
NB: The regulations in some countries may apply restrictions to the opening of Non-Resident Account for a foreign company. In countries where there are no restrictions, valid ID, Proof of Address and documents evidencing source of income must be duly notarised. Our customer service officers are available to advise you in this regard.

Limited Liability Company /"Société Anonyme (SA, SAU)" Résident/ Non- Résident)

  • Completed account opening form
  • 1 Mandate Card
  • Certificate of Incorporation/Business Registration Certificate
  • Certified Memorandum & Articles of Association
  • Proof of Address -(Utility bills for preceding 3 months, site visitation, certificate of residence, Tenancy Agreement)
  • Valid ID of the signatories to the account
  • 2 Passport Photos of each signatory
  • 2 references
  • KYC Form

Additional country specific requirements

  • Resolution of the General Assembly or Board of Directors appointing the Managing Director of the company (OHADA - Guinea Bissau)
  • Corporate Stamp (Guinea Bissau)
  • Board Resolution authorising the opening of the account and appointing the signatories to the account (to be incorporated in Account Opening Form). (Nigeria, Ghana, Sierra Leone, The Gambia, Tanzania)
  • Newspaper publication of incorporation (Senegal, Niger,Guinea Bissau)
  • Business License (Central Africa Republic, Tanzania)
  • Satisfactory Search report (Nigeria)
  • Form CO2 and CO7 (Nigeria)
  • Certificate / License to commence business (Ghana, S. Leone)
  • Income Tax / Company Tax (S. Leone, Gambia) Tax identification number (Tanzania)
  • Introduction by Auditors (Ghana)
  • 2 Letters of Introduction in place of References (Kenya, Tanzania)
  • PIN certificate of the company (Kenya)
  • Copies of Annual Returns filed or previous 3 years receipts (Kenya)
  • Particulars of Directors (Form 203) (Kenya)
  • Proof of address of Chairman & Managing Director of the company (Kenya, Tanzania)
  • Certified copies of the ID of the Directors (Kenya, Tanzania)
  • Form 3 (Ghana)
  • Latest Audited financial statements (Tanzania)
  • Proof of asdress where you intend to have a business relationship with the bank form an address which is different from your registered address Tanzania
  • Certificate of compliance (instead of Certificate of Incorporation for registered companies with registered branches in Tanzania
  • KYC requirements for shareholders with more than 5% of the voting rights and all directors including : proof of address, certified copies of ID documents , 2 passport photos for individuals (Tanzania)
  • In addition to the above, some countries may require an authorisation or approval of the Minister of Commerce in that country
NB: The regulations in some countries may apply restrictions to the opening of Non-Resident Account for a fore

"Société A Responsabilité Limitée (SARL, SARLU)" and "Société en Nom Collectif (SNC) (for francophones countries only)/ Résident / Non Résident)

  • Completed Account Opening form
  • Certificate of Commercial Registration (to be notarised by the foreign authority / Notary Public for Non-Residents)
  • Registered Rules and Regulations of the Company (to be notarised by the foreign authority /Notary Public for Non-Residents)
  • Resolution of the General Assembly appointing the signatories to the account (to be notarised by the foreign authority / Notary Public for Non-Residents)
  • Proof of address- (Utility bills for preceding 3 months, site visitation, certificate of residence, Tenancy Agreement)
  • Valid ID of the signatories to the account
  • 2 Passport photos of each signatory to the account
  • 1 Mandate Card
  • 1 reference
  • KYC form

Additional country specific requirements

  • Company Tax Certificate (Chad, Congo)
  • Power of Attorney to the MD to operate the account (Togo)
  • Newspaper publication of incorporation (Senegal, Niger, Guinea-Bissau)
  • Corporate Stamp (Guinea-Bissau
NB : Our Customer Service Officers are available to assist for further clarifications.

Government, ministries & parastals/special project accounts

  • Completed Application Form
  • Copy of the Gazette/Act / Registration Certificate evidencing existence of the ministry/ parastatal
  • Rules / Memorandum & Articles of the Ministry/Parastatal
  • Extract of the minutes of the Executive Committee appointing the signatories to the account OR Letter Appointing the Director – General of the Ministry
  • Valid ID of the signatories to the account
  • 2 passport photos of each of the signatories to the account
  • Letter from the Minister/General Manager requesting for the opening of the Special Project account (Project Account).
  • KYC Form

Additional country specific requirements

  • Power of Attorney (Togo, Niger)
  • Corporate Stamp (Guinea-Bissau)
  • PIN Certificates (Kenya)
NB :N/A

Registered Association / Non- Governemental Organisations/ Churches/ Clubs

  • Completed application form
  • Registration certificate from Ministry of Internal Affairs/ Registrar of Companies (not mandatory for churches and clubs)
  • Constitution/ internal rules
  • Extract of the meeting appointing the signatories to the account
  • Valid ID of the signatories
  • 2 letters of reference
  • 2 passport photos of each of the signatories
  • Proof of address
  • 2 mandate cards
  • KYC form

Country specific

  • Official Publication (Congo)
  • Proof of Address (Niger)
  • PIN certificates of all officials (Kenya)
  • In addition to the above, some countries will require an authorisation from the Minister of Commerce for a Non-Governmental Organisation.
  • Corporate stamp (Guinea-Bissau)
NB: Non-resident accounts can be subject to restrictions under the laws of the country. The documents required for the Non-Resident account opening must be notarized. Our Customer Advisors are at your disposal in the branch of your choice.