How to open an NGO bank account in Nigeria?

Read all about how to open bank account for NGO in Nigeria.

NGO means (Non-government organizations), they are usually non-profit organizations that get their money from donations and government grants. Their activities are usually geared to towards charities.

Before a bank account can be opened for an NGO, it will need to be registered and they will also need to have some certain requirements.

In this post, I am going to be writing about “How to open an NGO bank account in Nigeria”, requirements, features and more.

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How to open an NGO bank account in Nigeria?

If you want to open an NGO bank account in Nigeria, you will need to visit the bank with the requirements.

Read my post on how to open corporate account in Nigeria

Requirements to open an NGO bank account in Nigeria

The following are the requirements to open an NGO bank account in Nigeria:

1. Duly completed Account Opening Form Mandate Cards
2. Certified True Copy of Certificate of Registration Operating Instruction
3. 2 Passport Photograph of each Signatory
4. Valid Identification of Signatories
5. Valid Utility Bill-Not exceeding 3 months (PHCN, LAWMA, Water Corporation, tenancy agreement, tenement rate)
6. Constitution of the club/society
7. Resident Permit (for Non-Nigerians)
8. Minutes of meeting which specify where the Account should be opened
9. Certified True Copy of Particulars of Trustees (If Applicable)
10. Bio Data form: Know Your Customer Requirement
11. Board of Trustees Resolution to open account
12. 2 Reference Forms Power of Attorney (where applicable)
13. Search Report (If Registered- conducted by the bank)
14. Evidence of SCUML registration (where applicable)

Conclusion

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