CAC International Bank offers corporate accounts for associations which is a beneficial and easy way of financing the banking operations. Nonprofit associations such as NGOs, Embassies and Trusts also accrue funds, incurs expenditure and transfer finances just like corporate businesses. It is required by many associations that accountability and transparency are maintained by bank accounts for the justification of all their bank operations. With our corporate account for associations, we offer you the accounting tools that are in accordance with association’s requirements.
- Article of association
- Valid ID or passport of owners
- Presentation of president and financial manager of association