CORPORATE ACCOUNT OPENING FORM

Transcription

1 PLEASE INDICATE THE BUSINESS CATEGORY AND TYPE OF ACCOUNT TO OPEN BY TICKING THE APPROPRIATE BOXES BELOW. Category of Business: Limited Liability Company Partnership Account Type: Current Fixed Deposit Domiciliary Sole Proprietorship $ Others MDA School Others Others THIS FORM SHOULD BE COMPLETED IN CAPITAL LETTERS. CHARACTERS AND TICKS SHOULD BE SIMILAR IN STYLE TO THE FOLLOWING. A B C BRANCH ACCOUNT NO. (FOR OFFICIAL USE ONLY) Company Details Company/Business Name Certificate of Incorp./Reg. No. of Incorporation/ Registration Jurisdiction of Incorp./Reg. Type/Nature of Business Sector/Industry Operating Business Address 1 Operating Business Address 2 Corporate Business Address/ Registered Office (if different from above) Website (if any) Tax ID No (TIN) (If available) CRM No/Borrower s Code (where applicable) Special Control Unit against Money Laundering (SCUML) Reg. No. Annual Turnover a. Less than N50 million N50 million - Less than N500 million N500 million - Less than N5 billion Above N5 billion b. Is your company quoted on the Stock Exchange? Yes No c. If answer is yes to question (b), indicate which Stock Exchange and the Stock Symbol. Account Service(s) Required (Please tick as appropriate below) Card Preferences: Verve Card MasterCard Visa Card Electronic Banking Preferences: Internet Banking ATM/PoS Others Electronic Channels (Fees may apply) Transaction Alert Preferences: Alert (Free) SMS Alert (Charges applies) ment Preference Post Collection at Branch ment Frequency Monthly Quarterly Semi-annually Annually *Checked banking services are provided automatically once account is opened. Cheque Book Requisition (Charges apply) Crossed Cheque 100 Leaves 200 Leaves Cheque Confirmation: Would you like to pre-confirm your cheques? Yes No 01

2 Cheque Confirmation Threshold Cheque Confirmation Threshold: If the answer to the above is yes, please specify the threshold *Minimum confirmation threshold is currently N150, If you would like to have a higher threshold for pre-confirmation, please specify the amount *In line with extant law and existing regulation Details of Account Signatory A of Birth of Origin (Non- Only) Permit Issue Permit Expiry ID. Issue ID. Expiry Position/Office of the Signatory Status/Job Residential Address Mailing Address Is Signatory same as Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer? Yes No Details of Account Signatory B of Birth of Origin (Non- Only) Permit Issue 02

3 Permit Expiry ID. Issue ID. Expiry Position/Office of the Signatory Residential Address Status/Job Mailing Address Is Signatory same as Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer? Yes No Details of Account Signatory C of Birth of Origin (Non- Only) Permit Issue Permit Expiry ID. Issue ID. Expiry Position/Office of the Signatory Residential Address Status/Job 03

4 Mailing Address Is Signatory same as Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer? Yes No Details of the Directors / Executives / Trustees / Promoters / Executors / Administrators / Principal Officers 1 Please disregard this section if Signatory is also a Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer and has completed the DETAILS OF ACCOUNT SIGNATORY section. of Birth of Origin (Non- Only) Permit Issue Permit Expiry ID. Issue ID. Expiry Status/Job Residential Address 2 Please disregard this section if Signatory is also a Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer and has completed the DETAILS OF ACCOUNT SIGNATORY section. of Birth of Origin (Non- Only) Permit Issue 04

5 Details of the Directors / Executives / Trustees / Promoters / Executors / Administrators / Principal Officers Permit Expiry ID. Issue ID. Expiry Status/Job Residential Address 3 Please disregard this section if Signatory is also a Director/Executive/Trustee/Promoter/Executor/Administrator/Principal Officer and has completed the DETAILS OF ACCOUNT SIGNATORY section. of Birth of Origin (Non- Only) Permit Issue Permit Expiry ID. Issue ID. Expiry Status/Job Residential Address 05

6 Details of a Sole Proprietor Marital Status Married Single Others (Specify) Place of Birth of Birth of Origin (Non- Only) Permit Issue Permit Expiry Tax ID No (TIN) (If available) Status/Job Business/Residential Address Mailing Address ID. Issue Expiry * People in particular circumstances - Artisans, Petty Traders, Students who may not have the prescribed ID Details of Next of Kin of Birth Gender M F Relationship Contact Details 06

7 Additional Details Name of Affiliated Company/Body Parent Company s Country of Incorporation Account Held with Other Banks by the Prospective Company/Partnership/Sole Partnership S/N Name & Address of Bank/Branch Account Name Account Number Status (Active/Dormant) Authority to Debit Account for Search Fee We hereby authorise you to debit our account with the applicable charges for the legal search conducted on our account at the Corporate Affairs Commission or relevant agency/authority. Thank you. Authorized of the Customer/Representative Authorized of the Customer/Representative Corporate Internet Banking Application Company Administrator s Name Mobile Phone Staff Profile Type Single User Multiple Users General Indemnity (This should be completed where applicant wishes to send instruction via ) In consideration of Wema Bank Plc agreeing to honor my/our instruction communicated via issued according to my/our mandate as I/We may from time to time advise you, I/We, with Account No and address hereby confirm and declare that: 1. I/We shall indemnify the Bank and hold it harmless from and against all cost, liabilities, damages, proceedings whatsoever that the Bank may suffer or incur or that may arise as a result of the Bank's accepting or acting upon such instructions 2. In the event that I/we suffer any loss as a result of your honoring such instructions, I/We shall have no claim or redress against you, whatsoever 3. This indemnity applies even if any such was produced by or contains or has attached any forgery, lack of authority, wrongful alteration or other misuse of a document, text or file, or if any transmission details or information appearing on it are not genuine. This indemnity applies even if such was not infact issued by me/us or with my/our authority d this...day of In the case of a corporate entity: Signed, Sealed and Delivered by the within Named Customer:... Director... Secretary In the case of a non-corporate entity: Name:... :... :... Witness by:... 07

8 Mandate Sequel to our express mandate/authorization to Wema Bank Plc (hereafter called the Bank ) to: a) Open the account(s) indicated herein in our name now and at any time subsequently as we may direct. b) Honour all cheques or other instructions which may be drawn on the said account(s), provided such cheques or orders are signed by the person(s) whose signature(s) is / are contained in the signature / mandate card delivered to the Bank and to debit such account(s) cheques or orders to the said account whether such account(s) be, for the time being, in credit or overdrawn or may become overdrawn in consequence of such debit without prejudice to the Bank's right to refuse to allow overdraft or increase of overdraft in accordance to the signing instruction. In consideration thereof, we agree to the following terms and conditions: TERMS & CONDITIONS i. To assume full responsibility from the genuineness or and validity of all cheques, orders, bills notes, negotiable instruments, receipts and / or other documents including endorsements appearing on the same, deposited in or drawn on in respect of our account(s) with the Bank. ii. iii. iv. To be responsible for the repayment of any overdraft with interest and to comply and be bound by the Bank's rules for conduct of Savings, Current, Domiciliary and other Account(s) as may be determined by the Bank from time to time. That the Bank may debit the account(s) with usual banking charges, interest, commission, and fees as may be determined by the Bank from time to time. To free the Bank from the responsibility of payment for any loss of or diminution of funds or damage to instruments or documents deposited with the Bank due to any Government order, law, levy tax, embargo, moratorium, exchange, restriction and/or all other causes beyond the Bank's control. v. That our attention has been drawn to the necessity of safe guarding our chequebook(s) so that unauthorised persons are unable to gain access to it/them. Neglect of this precaution will be a ground for any consequential loss being charged to our account. vi. vii. That the Bank is under NO obligation to honour any cheques drawn on the account(s) unless there are sufficient funds in the account to cover the value of the said cheques. We understand and agree that such cheques may be returned to us unpaid, but if paid, we are obligated to repay the Bank the principal amount together with the interests and/or charges that the Bank may prescribe. To be bound by any notification of any changes in conditions governing the account directed to our last known address and any notice or letter sent to our last known address shall be considered as duly delivered and received three business days after dispatch of same by ordinary pre-paid post or on the date endorsed on the proof of delivery if delivered by courier services/hand. viii. That no notice which may be given to the Bank by us shall be binding upon the Bank until it shall have been received by the Bank and sufficient time shall have elapsed thereafter to permit the Bank in due course and by such means the Bank may deem it appropriate to notify the concerned/affected department offices, branches and correspondents. ix. That any disagreement with entries on our Bank statements will be made in writing by us within 30days of dispatch of the statement, failing which it will be concluded that the statement as rendered is correct and same shall no longer be disputable, except in case of manifest errors. x. That if any entry is made in our account(s) in error, the Bank is entitled to dishonor cheques drawn upon such incorrect entry whether or not drawn in good faith and without any notice of error and whether the error has been corrected or not, and the Bank is entitled to reverse such incorrect entry without any liability on its part. xi. That the Bank may at any time in its discretion close the account(s) and discharge all liabilities with respect to the account(s) by hand delivery or by mailing to us through courier services a Bank draft in the currency of the account without recourse to the Bank as a drawer, payable to our order in the amount of the then credit balance in the account(s) less fees, charges or commission to which the company may be entitled by law or by any agreement between us and the Bank together with such other documents, if any, as may be necessary in your xii. sole discretion, to transfer to us. That the Bank will not be liable whatsoever for funds handed to members of staff outside banking hours or outside the Bank's premises xiii. That in addition to any general lien or right to which the Bank, as bankers, may be entitled by law, the Bank may at any time and without notice to us combine or consolidate all or any of our accounts without liability to you and set off or transfer any sum or sums standing to our credit in any one or more of such accounts or any other credit, be it cash, cheques, valuables, deposits, securities, negotiable instruments or other assets with the Bank or in any other respect whether such liabilities be actual or contingent, primary or collateral and several or joint. xiv. To indemnify the Bank against any loss, damages, expense, or claim that may be occasioned on the account(s) or by reasons of opening the said account(s) or by reason of the falsehood or inaccuracy of any statement information or misrepresentation made to the Bank except those losses, damages, expenses or claims directly resulting from the acts, defaults or gross negligence of the Bank. xv. To indemnify the Bank against any loss, damage, fraud, or claims that occur from the use of any telephone number, fax number or address supplied in this form or subsequently by me/us whether for the purpose of issuing instructions, receiving/ sending account information or indeed any transaction related to this account. xvi. To affirm and undertake that all the documents used in opening the account(s) are genuine and I/we will indemnify the Bank if at any time it is shown otherwise and I/we will be further liable for any wrong that may be occasioned thereby. This indemnity to you shall be continuing and shall not be withdrawn by me/us so long as we maintain the account with the Bank. xvii. That the operation of the account(s) is subject to laws and regulations at any time existing in the Federal Republic of Nigeria, and to be bound by the terms and conditions governing the operation of the account(s) as may be determined by the Bank from time to time. xviii. That the Bank is at liberty to report any dud/returned cheques for three (3) consecutive times to Central Bank of Nigeria (CBN) and forward same to Economic and Financial Crimes Commission (EFCC). xix. That the Bank has developed a Corporate Internet Banking service called WemaOnline (hereinafter referred to as Services ) wherein a customer of the Bank can upon application and subject to approval by the Bank conduct certain routine banking transactions subject to the following: xx a. Customer means a body/individual operating a corporate account with the Bank as shown on the application form b. CIB means Wema Online which enables a customer to perform certain basic banking transactions through the internet c. Transaction password refers to the six alphanumeric characters chosen by and known only to the customer, to be used exclusively by the customer to transfer funds d. Username means the alphanumeric character chosen by the customer and known only to the customer, to be used exclusively by the customer together with the username and transaction password to access his account and carry out other transactions available on the platform e. Log-in password means the alphanumeric character chosen by the customer and known only to the customer, to be used exclusively by the customer together with the username and transaction password to access his account and carry out other transactions available on the platform f. Log-on credentials means either or all of the customer's username, personal identification name, log-in password, transaction password, security question and security answer g. Security Question means the range of carefully drafted question as provided by the Bank h. Security Answer means the secret answer provided and known only by the customer in response to the secret questions, to be used during log-in and authentication i. Any reference to a gender means a corporate body Customer understands that his username, log in/transaction passwords, secret answer and all other transaction details are highly confidential and irrevocably undertakes that he shall xxi xxii xxiii xxiv under no circumstance disclose same to any third party, or reproduce same in a manner in which it can be obtained by a third party. Where a third party obtains and makes use of the services with the customer's logon credentials, the third party shall be deemed to be the customer's duly authorized agent, irrespective of the manner in which the party obtained the confidential details of the customer Customer hereby indemnifies the Bank against losses that may be incurred as a result of negligently or inadvertently disclosing his logon credentials to a third party who uses same in an improper or unlawful way, thereby jeopardizing or impairing the operation of the Bank's network and/or services. Customer further affirms that the Bank will not be liable for loss or damages suffered as a result of a third party gaining access to the customer's logon credentials damage whatsoever that may arise as a result of the input of a wrong information/ instruction or figures as binding on him The customer undertakes to change his logon credentials at first log-in or whenever there is a possibility of an unauthorized party having had access to the logon credentials and as such indemnifies the Bank as against any loss or damage that may have been incurred as a result of the third party's usage of the logon credentials, before the customer effects the change All activities performed on the account (s) through the service shall be deemed to have been performed by the customer or his authorized representative/administrator or any party assigned and duly approved by the authorized signatories of the account The customer undertakes to comply with all the applicable laws, rules, regulations, licensing arrangement regarding the use of internet and to further comply with any directives or instructions which may be issued by the Government, Regulatory Authorities and/or the Bank with regards to the customer's access to the service We declare that all the information given for the purpose of opening the account(s) is true and accurate, and certify that the above particulars are correct and agree that they and the information given herein form the basis of a banking relationship with Wema Bank Plc. Limitation of Liability 1 Wema Bank Plc shall not be liable for the transmission or delivery of inaccurate data, information or message; neither shall the bank be liable for any loss or damage arising from such transmission or omission. Where errors/loss or damages arise as a result of the customer's use of wrong information/instructions or figures while using the services, the Bank will not be liable for such errors/loss or damages 2 The Bank does not warrant that internet banking services will be uninterrupted or error free. Delays, interruptions and inaccuracies may be caused by factors outside the control of the Bank. Information provided on the website is without Warranty as to accuracy, security, freedom from virus attacks and express or implied non-infringement 3 The Bank shall not be liable for any loss, liability, claim or damages arising from the acts or omission of the Customer. The above stated includes but is not limited to situation wherein the Customer's logon credentials were disclosed/obtained/ and used by a third party 4 The Customer is solely responsible for the equipments (including personal computer and software) used to access Service. The Bank is not liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this service, the use or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation, transmission, computer virus or line or system failure, even if the Bank or its representatives thereof are advised of the possibility of such damages, losses or hyperlink to other internet resources at the customers risk 5 The Bank reserves the right to close, suspend or change permanently or temporarily, the customer's account without notice, for security purposes or to refrain from honoring customer's instructions where there is a suspicion transaction on the account and the Bank shall not be liable for any loss incurred as a result of the foregoing. 08

9 S/N Name Category Declaration I/We... hereby apply for the opening of account(s) with Wema Bank Plc. I/We understand that the information given herein and the documents supplied are the basis for opening such account(s) and I/we therefore warrant that such information is correct. I/We further undertake to indemnify the Bank for any loss suffered as a result of any false information or error in the information provided to the Bank. In witness whereof, the common seal of is hereby affixed this day of 20 (Name of Company) Director (Name & ) Director/Secretary (Name & ) Signed, Sealed & Delivered by the within Named Persons Name Status (dd/mm/yyyy) Name Status Company Seal Here (dd/mm/yyyy) In the presence of: Name Address (dd/mm/yyyy) 09

10 FOR BANK USE ONLY 1. REQUIREMENT CHECKLIST S/N Document Required Checked Deferred Waived N/A Duly completed Account Opening Form Specimen signature card duly completed Two (2) passport sized photographs of each signatory to the account with name written on the reverse side Two satisfactorily completed reference forms Proof of identity of all signatories and directors/officers whose name appear on the account opening form/ document(preferred identity cards are Int l passport, national identity card, national driver s licence and valid INEC Voter s Card Proof of address of all signatories and directors/officers whose name appear on the account opening form/ document (preferred utility bills - certified true copy is acceptable if original is not held) a. Form C07 - Particulars of Directors b. Form C02 - Allotment of Shares Copy of Memorandum & Article of Association (Certified as True Copy by the Registrar of Companies) Copy of CAC Certificate of Registration 11 Tax Identification Number (TIN) Board Resolution Partnership Deed (where applicable) Power of Attorney (where applicable) Approval Letter (for Government Agency) Act/Gazette (for Government Agency - where applicable) Introduction Letter (where applicable) Status Report from Banker (where applicable) (for Non-Nigeria) Evidence of Registration with Investment Promotion Council (NIPC) (where applicable) Evidence of Registration with Special Control Unit of Money Laundering (SCUML) (where applicable) Search Report Letter of Indemnity (where applicable) Proof of Company address Business Premises verification certificate Copy of the audited financial statement 27 Others (please specify) A. DEFERRAL/WAIVER OF DOCUMENT(S) (IF ANY) Requesting Officer D D / M M / Y Y Y Y 10

11 B. ADDRESS VERIFICATION Address visited Description of Building of Visitation D D / M M / Y Y Y Y Other comments Visiting Officer D D / M M / Y Y Y Y C. ACCOUNT OPENED BY CCO/TOCS D D / M M / Y Y Y Y D. ACCOUNT OPENING AUTHORISED/APPROVED BY BSM D D / M M / Y Y Y Y RCO D D / M M / Y Y Y Y Online Transaction and e-communication Disclaimer Wema Bank Plc (the Bank) customers are hereby advised to take notice of fraudulent online transactions and electronic communications (i.e. e- mails notifications, instant messages, SMS messages, credit alerts etc) from unknown sources purportedly emanating from the Bank with the intention to defraud them. All online transactions and electronic communications must therefore be conducted through a secured platform and independently verified from the Bank before acting on same, as e-communication is not intended to replace recipients' internal business processes for due diligence and evaluation of intended or consummated transactions. The Bank shall not be liable or accept liability for any loss suffered for reliance on electronic communications whose source is not from the Bank or for online transactions where customers have compromised their security details. As a customer, you agree that electronic communications are neither your sole nor primary source of account information. Electronic communications are provided as an optional service for your convenience. The Bank will not be held liable either to the Customer or to a third party for any electronic communication that did not originate from the Bank. Electronic communications will be sent to the mobile phone number and address that you have provided during account opening or as a result of your request for update of same with the Bank. You are responsible for keeping your mobile phone number, password and e- mail address up to date and for notifying us of any changes or compromise of same immediately, otherwise you may not receive information that could be important on your account or such information may fall into the wrong hands. You should understand that your transaction or electronic communication may be delayed or prevented by a variety of factors. The Bank will however do its best to provide electronic communications in a timely manner with accurate information. The Bank cannot guarantee the delivery or the accuracy of any electronic communication contents or that it is secure or free from errors or virus. Therefore, the Bank do not represent that all e-communications, including the information contained herein, is complete, accurate, uncorrupted, timely or free from viruses and should not be absolutely relied upon as such. For your protection, the Bank recommend that you do not send personal information or conduct any online business through means that are not secured, including via public e communication channels, which are generally not secured and could be intercepted by a third party. If you are not comfortable with the risk associated with e-communication or online transaction, please do not enroll for online and e-communication services with the Bank. You also agree that the Bank shall not be liable for any delays, failure to deliver, or misdirected delivery of any electronic communication; for any errors in the content of an electronic communication; or for any actions taken or not taken by you or any third party in reliance on an electronic communication. Unless stated otherwise, all electronic communications and their contents may contain information that is privileged, confidential and proprietary /or private for the sole use of the intended recipient. No confidentiality or privilege is waived, lost or breached by any transmission errors. If you are not the intended recipient you should not disseminate, distribute or copy the electronic communications and please notify the sender and immediately delete and destroy the electronic communications and all attachments, and be advised that any review or dissemination of, or the taking of any action in reliance on the information contained in the e-communication is prohibited. Except where properly supported with required and authorized documents, no legal or financial obligation will be incurred by Wema Bank Plc as a result of such communication. Transactions over the Internet, including electronic communications, cannot be guaranteed to be secure or error free. Electronic communications and their attachments are subject to being intercepted, becoming corrupted, getting lost or delayed, or to containing viruses and should not be absolutely relied upon as such. Therefore, Wema Bank accepts no liability for any errors or omissions in the content of electronic communication or problems in its transmission, including those arising as a result of fraudulent transmission over the internet. The Bank shall not be liable for any loss, damage or expense resulting from any electronic communications sent by its employee which contain infringing, offensive, defamatory or otherwise unlawful content or which content constitute unsolicited commercial messages ( spam ). Successful delivery of electronic communications is not guaranteed. Unless otherwise agreed: Ÿ Ÿ We are only deemed to have received an once we have confirmed receipt thereof to you; and We are deemed to have sent an once reflected as "sent" on our server. The Bank reserves the right to monitor and review the content of all messages sent to or from a Wema Bank Plc address. Messages sent to or from a Wema Bank Plc address may be stored on the Wema Bank Plc system. The Bank may, from time to time, send electronic communications to customers providing information concerning a particular financial product or financial products. Such communications are provided for informational purposes and should not be construed as an offer or solicitation of any product. Wema Bank Plc may have included certain representations, projections and comparisons concerning particular products. Such representations, projections and comparisons reflect the opinions of the Bank and may not be accurate either now or at a future date. Consequently, you should not rely absolutely on such representations, projections, comparisons or other opinions of the Bank in opening an account or procuring any products or making a recommendation to a customer. Current and future economic and other market events concerning a product may cause the information provided herein to be incorrect. Past performance is not indicative of future results and should never be relied upon in making a business decision or recommendation. For further information, enquiries, requests and or feedback on our products and service offerings, you may contact us at: Purple Connect (24 hours Contact Centre ) Telephone Numbers: ; ; ; 07000PURPLE ( ) Address:purpleconnect@wemaBank.com SMS/whatsapp:

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