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List of documents required to open a bank account  

To open a deposit or savings account, you must provide the originals of the following:  

Individuals

One of the following documents, valid:  

  • National ID card
  • Nigerian passport
  • Current Driving Licence issued by the Federal Road Safety Commission (FRSC)
  • Inland Revenue Tax Clearance Certificate
  • Birth Certificate/Sworn Declaration of Age ( including passport photograph)—Minors only
  • Voters’ Card  

  • National Identification Number (NIN)

  • Bank Verification Number (BVN)

  • 2 recent passport pictures  

Documentary Evidence of Address  

One of the following documents, valid: 

  • Confirmation from the electoral register that a person of that name lives at that address 

  • Recent utility bill (e.g. NEPA, NITEL, not more than 3 months old)  

  • State/Local Government Rates o 

  • Current driving licence issued by FRSC with address

  • Bank statement or passbook containing current address

  • Solicitor’s letter confirming recent house purchase or Search Report from the land Registry

  • Tenancy Agreement 

One of the following documents, valid:  

  • Residence permit issued by the Immigration Authorities

  • Current international passport of country of origin 

  • 2 recent passport pictures  

Documentary Evidence of Address  

One of the following documents, valid: 

  • Confirmation from the electoral register that a person of that name lives at that address 

  • Recent utility bill (e.g. NEPA, NITEL, not more than 3 months old)  

  • State/Local Government Rates o 

  • Current driving licence issued by FRSC with address

  • Bank statement or passbook containing current address

  • Solicitor’s letter confirming recent house purchase or Search Report from the land Registry

  • Tenancy Agreement 

Companies and Associations

All corporate bodies will have to provide with a Resolution to open an account and a list of authorized signatories  

Private companies    

The following sets of documents:  

Certificate of incorporation/registration

  • Evidence of the company’s registered address
  • List of shareholders and directors  
    OR 
  • A search at the Corporate Affairs Commission (CAC) or an enquiry via a business information service to obtain the information mentioned in the first three points
    OR 
  • An undertaking from a firm of lawyers or accountants confirming the documents submitted to the CAC  

  

See above for documents necessary for each signatory(individuals)  

All of the following documents:

  • Sighting of the constitution
  • The identity of at least two of the principal contacts/signatories

    (see above for requirements for private individuals)

All of the following documents:

  • Evidence of the charity’s name and registered address
  • The identity of all signatories

    (see above for requirements for private individuals)

All of the following documents 

  • Registered number (a religious organization is expected by law to be registered with the
    CAC)
  • The identity of at least two signatories

    (see above for requirements for private individuals)