Account Opening conditions at the BCB

CONDITIONS OF ACCEPTANCE AND REQUIRED DOCUMENTS FOR ACCOUNT OPENING AT THE BANQUE DE CREDIT DE BUJUMBURA S.M. (BCB)

A. FOR INDIVIDUALS

1) Recent passport photo
2) Copy of the identity card
3) Minimum amount required for account opening (BIF 50,000 or USD 50 or EUR 50)


B. FOR ORGANIZATIONS.

Common elements to all organizations:

- Postal and physical address + phone number and e-mail
- A recent passport photo for each agent
- A copy of the identity card for each agent
- Minimum amount required for account opening (BIF 50,000 or USD 50 or EUR 50)
- Other (to be specified)

In addition to these elements, provide the indicated documents listed below:

1. For public organizations:
a) Account Opening Application letter signed by the appropriate Minister
b) Appointment Decree (signatories on the account)

2. NGOs and International Organizations:
a) Opening Account Application letter by the Legal Representative
b) Approval Letter for the Legal Representative signed by the Foreign Affairs Minister
c) Agreement with the Government (Foreign Affairs Minister)


3. Foreign private organizations:
a) Opening Account Application letter by the Legal Representative
b) Agreement with a public service


4. Mixed Private Companies Burundian law:
a) Account Opening Application letter signed by the Director (Manager);
b) Statutes duly signed by the shareholders;
c) Photocopy of the Commercial Register;
d) Copy of Tax Identification Number (TIN);
e) Minutes of establishment of Management Board (delegation of authority by the General Assembly) except for one-man companies
f) Operating permit of the Central Bank for Exchange Offices
g) Authorization of the Ministry of Energy and Mining for minerals operators


5. Personalized Administrations:
a) Account Opening Application letter signed by the due Minister
b) order / appointment decree of agents

6. Non-profit Association.:
a) Account Opening Application letter signed by the Legal Representative
b) Authenticated Statutes by a notary
c) Order of registration issued by the Ministry of the Interior
d) Minutes of the General Assembly authenticated by establishing the Executive Committee
e) Authorization of the Ministry of Education for Educational Institutions

 

Banner
Banner
Banner
Banner