good day guys I'll be processing a visit visa after the lock down and I need help running my account.6months statement of account
I am an entrepreneur recently registered my business

1:should I open an account for my business and transfer the funds monthly like salary from the company account to my personal account?
2: should I deposit the funds with different names at random like customers?
Am very confused Biko elders help

Hope you find help here.... I don't have an idea.. I only put this cos the thread was empty for a long time.

topsam1:
Hope you find help here.... I don't have an idea.. I only put this cos the thread was empty for a long time.

bless you

Casserole:
good day guys I'll be processing a visit visa after the lock down and I need help running my account.6months statement of account
I am an entrepreneur recently registered my business

1:should I open an account for my business and transfer the funds monthly like salary from the company account to my personal account?
2: should I deposit the funds with different names at random like customers?
Am very confused Biko elders help

YOUR FIRST OPTION IS BETTER, BECAUSE THEY WILL WANT TO KNOW THE SOURCE OF THE MONEY... AND WITH THE FIRST OPTION YOU CAN EASILY DEFEND YOURSELF THAT YOU OWN A BUSINESS AND YOU GET PAID FROM YOUR BUSINESS.

DEPOSITING MONEY RANDOMLY WITH DIFFERENT NAMES MAKES YOU LOOK SUSPECTABLE.

Just keep your integrity tight and ensure all you are doing is transparent all things will work out for you.

Evidenx:
YOUR FIRST OPTION IS BETTER, BECAUSE THEY WILL WANT TO KNOW THE SOURCE OF THE MONEY... AND WITH THE FIRST OPTION YOU CAN EASILY DEFEND YOURSELF THAT YOU OWN A BUSINESS AND YOU GET PAID FROM YOUR BUSINESS.

DEPOSITING MONEY RANDOMLY WITH DIFFERENT NAMES MAKES YOU LOOK SUSPECTABLE.

can I do a cash deposit with the company name or it must be a direct transfer from the company account?

Mrphillaco:
Just keep your integrity tight and ensure all you are doing is transparent all things will work out for you.

thanks @justwise hello please help

Casserole:

can I do a cash deposit with the company name or it must be a direct transfer from the company account?

DIRECT TRANSFER FROM THE COMPANY'S ACCOUNT.

don't read and pass drop a word of advice.. guys

The best to do is have a company account and pay yourself salary from the company account to your personal account and run your expense for it
Don’t allow any other money in your personal account expect the salary for better chance

Use bank statement and show regular deposits. Banks generally label the source of deposits or there will be some indicator of the source of funds.

iretiogo1:
The best to do is have a company account and pay yourself salary from the company account to your personal account and run your expense for it
Don’t allow any other money in your personal account expect the salary for better chance

Can the embassy verify if the company is existing or not? Although it's registered
Cc:Evidenx
Cc:Stephenmoka4
Cc:iretiogo1

Casserole:

Can the embassy verify if the company is existing or not? Although it's registered
Cc:Evidenx
Cc:Stephenmoka4
Cc:iretiogo1

Of cause they can. It doesn't have to be famous, most businesses do have addresses you know.

Casserole:

Can the embassy verify if the company is existing or not? Although it's registered
Cc:Evidenx
Cc:Stephenmoka4
Cc:iretiogo1

If the company is registered that’s enough jare
Also it depends on how you want to package the application as well

Stephenmoka4:
Of cause they can. It doesn't have to be famous, most businesses do have addresses you know.

LOL no embassy will visit your address.. What if the company is based in the north?
Who go Pay for the transport sef lol except maybe if it's within lagos
They'll just find another reason to deny you not based on that

chriscole:

LOL no embassy will visit your address.. What if the company is based in the north?
Who go Pay for the transport sef lol except maybe if it's within lagos
They'll just find another reason to deny you not based on that

Information is key, some business could be found on the map even without pictures, especially if it's a good landmark.

Stephenmoka4:
Information is key, some business could be found on the map even without pictures, especially if it's a good landmark.

Keyword "SOME"

chriscole:

Keyword "SOME"

Poultry, fish farming , good research lab, banks, fast food, hotels, big cafe, churches, big work shop can be spotted on the map

Stephenmoka4:
Poultry, fish farming , good research lab, banks, fast food, hotels, big cafe, churches, big work shop can be spotted on the map

B4 I left naija I had my business situated in a mall and good luck finding me on the map.. We both know maps ain't shit in nigeria except for govt offices banks and top businesses

chriscole:

B4 I left naija I had my business situated in a mall and good luck finding me on the map.. We both know maps ain't shit in nigeria except for govt offices banks and top businesses

If your business is in a mall, then the mall will be the landmark on the map. Especially if the mall contains all other businesses under it. It should be updated.

Stephenmoka4:
If your business is in a mall, then the mall will be the landmark on the map. Especially if the mall contains all other businesses under it. It should be updated.

Naah You don't get the point can the embassy find me on the map or not?

chriscole:

Naah You don't get the point can the embassy find me on the map or not?

Whether or not, I was using map as example, they may not even do a search.

Casserole, just take the business revenue and show them your cut or percentage.

Stephenmoka4:
Casserole, just take the business revenue and show them your cut or percentage.

Do you mean the company shares?

chriscole:

B4 I left naija I had my business situated in a mall and good luck finding me on the map.. We both know maps ain't shit in nigeria except for govt offices banks and top businesses

then you know very little

LOTS OF SMEs are mapped

I have this same problem right now. My account is red and I need to get this visit visa. Guys help please. Every information and advice is highly appreciated.

I guess you want to run and leave this country!


to my understanding, they might ask u if the money is your MAJOR source of income.

i will sugges u present the soa of ur salary account.

p.s=i am just suggesting am not sure.

please where can I produce a company stamp/seal in Lagos or Ibadan?

Pay money into that account. It's a business account any money can go in there. It's business.. business money can come from anywhere. You could run deposit with different names and indicate what the money is for. Same thing using bank app. Make no body decieve you.

E.G. NAME OF DEPOSITOR

NAIRALAND SERVICES

simple. That's what I do

Speaking from experience. Unless they don't want to give you visa.