--> For an entity registered as a Business Name,
the following documents would be required:

1. Business Name Registration certificate.

2. Passport photograph of the Business owner.

3. Residential address of the business owner and the business.

4. BVN of the business owner.

5. Utility bill of the business owner such as
the Power Holding Company of Nigeria (PHCN), water bill, Lagos Waste Management Authority (LAWMA), Office rent receipt. Any of these can suffice.

6. Evidence of Special Control Unit Against Money Laundering (SCUML) registration for
companies categorize as DNFI (if
applicable)

7. Valid identification of the business owner
such as international passport, driver's license, etc.

8. Tax Identification Number for the business.

You can open as many business accounts as possible if you have multiple businesses. It is advisable that you do that to be able to track the income and expenses from each business without lumping them up.

Glad to fill you in with this informative knowledge. Hope you got the value imbibed in it.

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