NGO Bank Account Opening

NGO Bank Account

Requirements for Bank Account

• Account Opening Application
• Activities and turnover, Area of Operation
• Audited Accounts Letter / Undertaking / Audited Accounts
• Foreign Funding Undertaking
• Board Resolution assigning authorized person for operating bank
• List of Members with job / business details
• Power of Attorney / Authority letter for bank account opening
• Purpose, Aim, and Objectives
• Source of funding details
• Undertaking for Changes in NGO
• CV / Resume of board members
• Trust deed / bylaws / renewal and certificates
• NTN of NGO / Trust and CNICs and NTN of members
• Charity Commission form, paid challan, email received
• Legal department compliances
• All files properly scanned copies

Process

1. Preparing documents for NGO Bank Account.
2. Appearing on behalf of NGO members after file submission.
3. Answering all queries raised by legal and compliance department of the bank.
4. Obtaining Bank Account Number.

Duration & Amount

• Duration: 3 Months
• Amount: PKR 150,000