Account Opening Documentation

DOCUMENTS REQUIREMENT TO OPEN BANK ACCOUNT

  • Copy Certificate of incorporation of the club/non-governmental organization, copy of Bidhan and renewal certificates of COI is subject to renewal
  • PAN or the documents issued by the government offices use for tax clearance purpose
  • Photos and copy of passport, citizenship certificate of directors/executive members/CEO
  • Audited financial report of last fiscal year
  • Executive Committee resolution as to open and operation of account.
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank
  • Certificate of incorporation, approvals for operation and renewal etc
  • Bylaws of the Organization
  • PAN or the documents issued by the government offices for the of tax purpose
  • Recent passport size photo, citizenship certificate or passport of Managing Director/CEO and account operator
  • Audited financial report and tax clearance certificate of last fiscal year
  • Resolution regarding opening/operation of the account and delegation of authority to carry economic transactions.
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank

Documents required to open Company Accounts

  • Registration Certificate/ Income Tax certificate/ Pan/Vat certificate including renewal certificates including renewal certificate.

  • Certificate of incorporation and Memorandum and Articles of Association

  • Personal details of directors, management committee or any other committee and their official, Managing Director, account operator, top management

  • Copy of citizenship certificate/passport and photograph of shareholders holding 10% and above shares.

  • Recent passport size photo, citizenship certificates/passport of Board of Directors, Managing Director/CEO/Account operator

  • Audited financial report, tax clearance certificate of last fiscal year

  • Shareholder’s stake in the organization /firm issued by Office of Company Registrar.

  • Board resolution as to opening and operation of the account and delegation of authority

  • In case of legal entity holding 10% and above shares of company, copy of passport/ citizenship certificate shareholders of such legal entity who is holding 10% and above shares of the entity.

  • In case of change of address from the initial registered, copy of the same

  • Any other documents if feel necessary and required by the bank.

  • Letter from the Diplomatic Mission/Embassy
  • Delegation of Authority for account operation
  • Identification documents of Authorized Signatory (latest passport size photo, and copy of passport)
  • Other necessary documents (to be specified by Bank /Financial Institution)
  • Copy of foreign company registration and renewal certificate and approval from concern authority
  • Types of registered office in Nepal such as branch, contact office, project etc.
  • Memorandum and   Articles   of   Association   of   the Company
  • Resolution of the foreign company for opening of the account and delegation of authority to carry economic
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank
  • Copy of passport and photo of board of directors and CEO
  • Copy of passport and photo of country representative to Nepal and account operator
  • Audited financial report and tax clearance certificate of last fiscal year
  • Firm registration certificate, PAN or the documents issued by the government for the purpose of tax.
  • Passport size photo, citizenship certificate or passport of Managing Director/CEO, Country Director/Chief, Account operator
  • Audited financial report and tax clearance certificate of last fiscal year
  • Copy of the agreement entered between the Social Welfare Council and the Organization, if any.
  • Copy of the agreement with Government of Nepal, if any.
  • Recommendation letter from the respective country or Embassy of that country if affiliation certificate has not been obtained from the authorities of Nepal.
  • Charter of the Organization.
  • Resolution of the Organization regarding opening and operating of the account and delegation of authority to carry economic transactions.
  • In case of change of address from the initial registered, copy of the same

Any other documents if feel necessary and required by the bank

  • Documents evidencing source of income.
  • NRN Certificate issued by Government of Nepal
  • Letter of  Agreement/Appointment of Employer Organization, if any
  • Passport copy
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank
  • Firm Registration Certificate/ Income Tax certificate/ Pan/Vat
    certificate etc including renewal certificates.

  • Partnership deed in case of Partnership firm.

  • Recent passport size photos and citizenship certificate or passport
    of Partners/ Proprietor, account operator

  • Audited financial report, tax clearance certificate of last fiscal
    year

  • Any other documents if feel necessary and required by the bank.

Documents required to open Personal Account

For Nepalese Citizen:

  • Citizenship/Passport / Driving License/Voters ID Card

  • Birth certificate or minor identification letter in case of minor & citizenship certificate/passport/voters card/driving license of guardian.

  • In case of citizenship certificate not obtained by Nepalese individual, recommendation letter from local body.

  • PAN (in case of availability/requirement)

  • Recent passport size photo

  • Addressing Certifying Documents like utility bill

  • Any other documents if feel necessary and required by the bank.

For Refugee Account

  • Copy of Identification documents issued by Government of Nepal or other concerned offices.

  • Recent pp size photo

For Foreign Citizen:

  • Copy of the valid visa.

  • Copy of Passport

  • Recommendation letter of the organization (if employee in any organization)

  • In case of Indian citizen-who do not bear passport, certificate stating that the individual is Indian Citizen.

  • Recent passport size photo

  • Any other documents if feel necessary and required by the bank.

For Simplified Account Opening

  • Citizenship or passport or Voter’s Card (photo affixed), National Identification Card, Driving License or any other documents issued by Government entities (photo affixed) or on the basis of certified recommendation issued by the local body along with photo.

  • Simplified KYC form

  • Self declaration form for not having any bank account has been devised and shall be circulated (attached herewith).

  • Recent Passport size photograph

  • Certificate of registration
  • PAN or the documents issued by the government offices for the tax purpose
  • Agreement for selling up the Trust (Guthi)
  • Details of branches/offices and main branches/offices
  • Personal details of directors, Managing Director/CEO, and account operator (as per NRB directives no. 19.1)
  • Recent passport size photo, citizenship certificate or passport of director, Managing Director/CEO and account operator
  • Audited financial report and tax clearance certificate of last fiscal year
  • Copy of Bidhan
  • Copy of agreement paper of Guthi establishment
  • Copy of certified certificate of Guthi establishment
  • Resolution of the Management Committee or Board regarding opening and operation of the account and delegation of authority to carry economic transactions.
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank

 

  • Registration certificate, PAN or the documents issued by the government for the purpose of tax
  • Memorandum and Article of Association
  • Passport size photo, citizenship copy or passport copy of board directors or executive committee, Managing Director/CEO and  account operator,
  • Audited financial report and tax clearance certificate of last fiscal year
  • Resolution of the Board regarding opening and operation of the account and    delegation    of    authority    to    carry    economic transactions.
  • In case of change of address from the initial registered, copy of the same
  • Any other documents if feel necessary and required by the bank