#1
6th June 2016, 10:45 AM
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State Bank of India Durban
Can you tell me about the eligibility requirement and documents requirements for Deposit Schemes of State Bank of India (SBI) in Durban, South Africa?
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#2
6th June 2016, 11:29 AM
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Re: State Bank of India Durban
State Bank of India (SBI) is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The SBI group consists of SBI and five associate banks. It has an extensive network, with 22,887 plus branches in India and another 191 offices in 36 countries across the world. Deposit Schemes of State Bank of India (SBI) in Durban Business Current Account The Current Account simplifies banking for business and corporate clients. Corporate Internet Banking (CINB) facility is provided for anytime anywhere access to funds. Eligibility Business Current account can be opened in the name of registered Company, Partnership firms or Trusts. Features Open with ZAR 1,000 Funds (ZAR) transfer to any bank in South Africa through online EFT/ RTGS Direct Debit ECS facility Receive remittance from any bank. Send remittance to any country. Idle funds in Business Current accounts may be invested in overnight call/ notice deposits to generate income. Documents Required A. Resolution of the Board of Directors for opening the Account with Bank and advising name of persons who will be authorized signatories to operate the account. B. Company Documents – I. Certificate of Incorporation of Company (CM1) II. Notice of Registered Office and Postal Address ( CM22) a. Bearing the stamp of the Registrar of Companies b. Duly signed by the Company Secretary III. Memorandum and Articles of Association IV. Certificate of commencement of business Benefits • Very nominal account maintenance charges. • Free Corporate Internet banking (CINB) facility. • Free daily / fortnightly/ monthly online statement of accounts. • Free SMS alerts of all transactions Contact Detail: State Bank of India (SBI) 115 Musgrave Rd, Durban, 4001, South Africa Phone:+27 31 201 9973 |
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