Business Chequing Account
This account is available to customers operating under such styles as Sole Proprietorship, Partnership, Limited / Unlimited Liability Company, in addition to Clubs, Societies, Churches and Embassies.
It allows account holders to make payments and conduct transactions with the use of a chequebook. Chequebooks can be ordered with 50, 100 or 200 leaves, according to the need and frequency of use. Also, our chequebooks are customised allowing the customer to specify the information to be printed on the cheque leaf.
Account statements, with paid cheques enclosed, are issued and mailed based on the frequency determined by the customer (i.e.: weekly, fortnightly, monthly, quarterly etc.). Interim statements are also issued upon request.
How to Apply
The requirements for the opening of a Business Checking Account are:
1) Valid Identification Card or Passport for Signatories to Account
2) Letter requesting opening of Account
3) Two references for each party in the business
4) Certificate of Registration
5) Memorandum and Articles of Association
6) Proof of Address
7) A completed Account Mandate
Withholding Tax - All interest received on your deposit account is subject to withholding tax of 20% which will be deducted by the Bank and paid to “The Guyana Revenue Authority”, except in cases where an Exempt from Withholding Tax Certificate is received form the Guyana Revenue Authority. View information on Savings Accounts and Deposit Interest Rates
View information on Savings Accounts and Deposit Interest Rates
