• A valid trade registry;
• A business licence for the current fiscal year
• A Taxpayer's card
• A Civil Status for private business or the articles of association for an association or company
• A decision designating official(s) with the powers to operate the account
• Two passport-size photographs of each signatory
• Identification documents of the signatory (ies) (National Identity Card, Passport, Residence Permit)
• An initial deposit of at least CFA F 2 000 000
• The location map of the company. You are also expected to demonstrate your company’s capacity to yield a monthly turnover of at least CFA F 5 000 000.

Keyfeatures :

This account does not bear interests. You are charged fixed commissions (CFA F 15 000 per term + a 19.25% VAT) and variable commissions depending on the nature of transactions carried out.
You are entitled to a cheque book and, where eligible, to the various types of financial assistance provided by First Bank.