mopdf.com

CORPORATE ACCOUNT OPENING FORMRC 575MandateSequel to our express mandate/authorization to Wema Bank Plc (hereafter called “the Bank”) to:a)b)Open the account(s) indicated herein in our name now and atany time subsequently as we may direct.Honour all cheques or other instructions which may be drawnon the said account(s), provided such cheques or orders aresigned by the person(s) whose signature(s) is / are contained inthe signature / mandate card delivered to the Bank and to debitsuch account(s) cheques or orders to the said account whethersuch account(s) be, for the time being, in credit or overdrawn ormay become overdrawn in consequence of such debit withoutprejudice to the Bank's right to refuse to allow overdraft orincrease of overdraft in accordance to the signing instruction.In consideration thereof, we agree to the following terms andconditions:TERMS & CONDITIONSi.ii.To assume full responsibility from the genuineness or andvalidity of all cheques, orders, bills notes, negotiableinstruments, receipts and / or other documents includingendorsements appearing on the same, deposited in or drawnon in respect of our account(s) with the Bank.To be responsible for the repayment of any overdraft withinterest and to comply and be bound by the Bank's rules forconduct of Savings, Current, Domiciliary and other Account(s)as may be determined by the Bank from time to time.iii.That the Bank may debit the account(s) with usual bankingcharges, interest, commission, and fees as may be determinedby the Bank from time to time.iv.To free the Bank from the responsibility of payment for any lossof or diminution of funds or damage to instruments ordocuments deposited with the Bank due to any Governmentorder, law, levy tax, embargo, moratorium, exchange,restriction and/or all other causes beyond the Bank's control.v.vi.That our attention has been drawn to the necessity of safeguarding our chequebook(s) so that unauthorised persons areunable to gain access to it/them. Neglect of this precaution willbe a ground for any consequential loss being charged to ouraccount.That the Bank is under NO obligation to honour any chequesdrawn on the account(s) unless there are sufficient funds in theaccount to cover the value of the said cheques. We understandand agree that such cheques may be returned to us unpaid, butif paid, we are obligated to repay the Bank the principal amounttogether with the interests and/or charges that the Bank mayprescribe.sole discretion, to transfer to us.xiii. That in addition to any general lien or right to which the Bank,as bankers, may be entitled by law, the Bank may at any timeand without notice to us combine or consolidate all or any ofour accounts without liability to you and set off or transfer anysum or sums standing to our credit in any one or more of suchaccounts or any other credit, be it cash, cheques, valuables,deposits, securities, negotiable instruments or other assetswith the Bank or in any other respect whether such liabilities beactual or contingent, primary or collateral and several or joint.xiv. To indemnify the Bank against any loss, damages, expense, orclaim that may be occasioned on the account(s) or by reasonsof opening the said account(s) or by reason of the falsehood orinaccuracy of any statement information or misrepresentationmade to the Bank except those losses, damages, expenses orclaims directly resulting from the acts, defaults or grossnegligence of the Bank.xv. To indemnify the Bank against any loss, damage, fraud, orclaims that occur from the use of any telephone number, faxnumber or email address supplied in this form or subsequentlyby me/us whether for the purpose of issuing instructions,receiving/ sending account information or indeed anytransaction related to this account.xvi. To affirm and undertake that all the documents used in openingthe account(s) are genuine and I/we will indemnify the Bank ifat any time it is shown otherwise and I/we will be further liablefor any wrong that may be occasioned thereby. This indemnityto you shall be continuing and shall not be withdrawn by me/usso long as we maintain the account with the Bank.xi.xix. That the Bank has developed a Corporate Internet Bankingservice called WemaOnline (hereinafter referred to as“Services”) wherein a customer of the Bank can uponapplication and subject to approval by the Bank conductcertain routine banking transactions subject to the following:That any disagreement with entries on our Bank statements willbe made in writing by us within 30days of dispatch of thestatement, failing which it will be concluded that the statementas rendered is correct and same shall no longer be disputable,except in case of manifest errors.xxiiThe customer undertakes to change his logon credentials atfirst log-in or whenever there is a possibility of anunauthorized party having had access to the logoncredentials and as such indemnifies the Bank as against anyloss or damage that may have been incurred as a result of thethird party's usage of the logon credentials, before thecustomer effects the changexxiiiAll activities performed on the account (s) through theservice shall be deemed to have been performed by thecustomer or his authorized representative/administrator orany party assigned and duly approved by the authorizedsignatories of the accountxxivThe customer undertakes to comply with all the applicablelaws, rules, regulations, licensing arrangement regarding theuse of internet and to further comply with any directives orinstructions which may be issued by the Government,Regulatory Authorities and/or the Bank with regards to thecustomer's access to the serviceWe declare that all the information given for the purpose ofopening the account(s) is true and accurate, and certify thatthe above particulars are correct and agree that they and theinformation given herein form the basis of a bankingrelationship with Wema Bank Plc.xxLimitation of Liability1Wema Bank Plc shall not be liable for the transmission ordelivery of inaccurate data, information or message;neither shall the bank be liable for any loss or damagearising from such transmission or omission. Whereerrors/loss or damages arise as a result of the customer'suse of wrong information/instructions or figures whileusing the services, the Bank will not be liable for sucherrors/loss or damages2The Bank does not warrant that internet banking serviceswill be uninterrupted or error free. Delays, interruptionsand inaccuracies may be caused by factors outside thecontrol of the Bank. Information provided on the website is“without Warranty as to accuracy, security, freedom fromvirus attacks and express or implied non-infringement”a.“Customer” means a body/individual operating acorporate account with the Bank asshown on theapplication formb.“CIB” means Wema Online which enables a customer toperform certain basic banking transactions through theinternetc.“Transaction password” refers to the six alphanumericcharacters chosen by and known only to the customer, tobe used exclusively by the customer to transfer fundsd.“Username” means the alphanumeric character chosen bythe customer and known only to the customer, to be usedexclusively by the customer together with the usernameand transaction password to access his account and carryout other transactions available on the platform3“Log-in password” means the alphanumeric characterchosen by the customer and known only to the customer,to be used exclusively by the customer together with theusername and transaction password to access his accountand carry out other transactions available on the platformThe Bank shall not be liable for any loss, liability, claim ordamages arising from the acts or omission of the Customer.The above stated includes but is not limited to situationwherein the Customer's logon credentials weredisclosed/obtained/ and used by a third party4The Customer is solely responsible for the equipments(including personal computer and software) used to accessService. The Bank is not liable for any damages, includingwithout limitation direct or indirect, special, incidental orconsequential damages, losses or expenses arising inconnection with this service, the use or inability to use byany party, or in connection with any failure of performance,error, omission, interruption, defect, delay in operation,transmission, computer virus or line or system failure, evenif the Bank or its representatives thereof are advised of thepossibility of such damages, losses or hyperlink to otherinternet resources at the customers risk5The Bank reserves the right to close, suspend or changepermanently or temporarily, the customer's accountwithout notice, for security purposes or to refrain fromhonoring customer's instructions where there is a suspiciontransaction on the account and the Bank shall not be liablefor any loss incurred as a result of the foregoing.e.That if any entry is made in our account(s) in error, the Bank isentitled to dishonor cheques drawn upon such incorrect entrywhether or not drawn in good faith and without any notice oferror and whether the error has been corrected or not, and theBank is entitled to reverse such incorrect entry without anyliability on its part.That the Bank may at any time in its discretion close theaccount(s) and discharge all liabilities with respect to theaccount(s) by hand delivery or by mailing to us through courierservices a Bank draft in the currency of the account withoutrecourse to the Bank as a drawer, payable to our order in theamount of the then credit balance in the account(s) less fees,charges or commission to which the company may be entitledby law or by any agreement between us and the Bank togetherwith such other documents, if any, as may be necessary in yourCustomer hereby indemnifies the Bank against losses thatmay be incurred as a result of negligently or inadvertentlydisclosing his logon credentials to a third party who usessame in an improper or unlawful way, thereby jeopardizing orimpairing the operation of the Bank's network and/orservices. Customer further affirms that the Bank will not beliable for loss or damages suffered as a result of a third partygaining access to the customer's logon credentials damagewhatsoever that may arise as a result of the input of a wronginformation/ instruction or figures as binding on himxviii. That the Bank is at liberty to report any dud/returned chequesfor three (3) consecutive times to Central Bank of Nigeria (CBN)and forward same to Economic and Financial CrimesCommission (EFCC).viii. That no notice which may be given to the Bank by us shall bebinding upon the Bank until it shall have been received by theBank and sufficient time shall have elapsed thereafter to permitthe Bank in due course and by such means the Bank may deemit appropriate to notify the concerned/affected departmentoffices, branches and correspondents.x.xxixvii. That the operation of the account(s) is subject to laws andregulations at any time existing in the Federal Republic ofNigeria, and to be bound by the terms and conditionsgoverning the operation of the account(s) as may bedetermined by the Bank from time to time.vii. To be bound by any notification of any changes in conditionsgoverning the account directed to our last known address andany notice or letter sent to our last known address shall beconsidered as duly delivered and received three business daysafter dispatch of same by ordinary pre-paid post or on the dateendorsed on the proof of delivery if delivered by courierservices/hand.ix.under no circumstance disclose same to any third party, orreproduce same in a manner in which it can be obtained by athird party. Where a third party obtains and makes use of theservices with the customer's logon credentials, the thirdparty shall be deemed to be the customer's duly authorizedagent, irrespective of the manner in which the party obtainedthe confidential details of the customerxii. That the Bank will not be liable whatsoever for funds handed tomembers of staff outside banking hours or outside the Bank'spremisesf.“Log-on credentials” means either or all of the customer'susername, personal identification name, log-in password,transaction password, security question and securityanswerg.“Security Question” means the range of carefully draftedquestion as provided by the Bankh.“Security Answer” means the secret answer provided andknown only by the customer in response to the secretquestions, to be used during log-in and authenticationi.Any reference to a gender means a corporate bodyCustomer understands that his username, log in/transactionpasswords, secret answer and all other transaction details arehighly confidential and irrevocably undertakes that he shall08

CORPORATE ACCOUNT OPENING FORMS/NNameRC 575TitleSignatureCategory12345DeclarationI/We . hereby apply for the opening of account(s) with Wema Bank Plc. I/We understand that the informationgiven herein and the documents supplied are the basis for opening such account(s) and I/we therefore warrant that such information is correct.I/We further undertake to indemnify the Bank for any loss suffered as a result of any false information or error in the information provided to the Bank.“In witness whereof, the common seal of is hereby affixed this day of 20(Name of Company)Director (Name & Signature)Director/Secretary (Name & Signature)Signed, Sealed & Delivered by the within Named atusCompany Seal HereSignatureDate(dd/mm/yyyy)//In the presence /09

CORPORATE ACCOUNT OPENING FORMRC 575FOR BANK USE ONLY1. REQUIREMENT CHECKLISTS/NDocument Required1Duly completed Account Opening Form2Specimen signature card duly completed3Two (2) passport sized photographs of each signatory to the account with name written on the reverse side4Two satisfactorily completed reference forms5Proof of identity of all signatories and directors/officers whose name appear on the account opening form/document(preferred identity cards are Int’l passport, national identity card, national driver’s licence and validNigerian INEC Voter’s Card6Proof of address of all signatories and directors/officers whose name appear on the account opening form/document (preferred utility bills - certified true copy is acceptable if original is not held)7a. Form C07 - Particulars of Directors8b. Form C02 - Allotment of Shares9Copy of Memorandum & Article of Association (Certified as True Copy by the Registrar of Companies)10Copy of CAC Certificate of Registration11Tax Identification Number (TIN)12Board Resolution13Partnership Deed (where applicable)14Power of Attorney (where applicable)15Approval Letter (for Government Agency)16Act/Gazette (for Government Agency - where applicable)17Introduction Letter (where applicable)18Status Report from Banker (where applicable)19Resident Permit (for Non-Nigeria)20Evidence of Registration with Nigerian Investment Promotion Council (NIPC) (where applicable)21Evidence of Registration with Special Control Unit of Money Laundering (SCUML) (where applicable)22Search Report23Letter of Indemnity (where applicable)24Proof of Company address25Business Premises verification certificate26Copy of the audited financial statement27Others (please specify)CheckedDeferredWaivedN/AA. DEFERRAL/WAIVER OF DOCUMENT(S) (IF ANY)RequestingOfficerSignatureDateDD/M M/YYYY10

CORPORATE ACCOUNT OPENING FORMRC 575B. ADDRESS VERIFICATIONAddress visitedDate ofVisitationDD/M M/YYYYDD/M M/YYYYDD/M M/YYYYDD/M M/YYYYDD/M M/YYYYDescription of BuildingNearest Bus Stop/LandmarkOther commentsVisiting OfficerDateSignatureC. ACCOUNT OPENED BYCCO/TOCSDateSignatureD. ACCOUNT OPENING AUTHORISED/APPROVED BYBSMDateSignatureRCODateSignatureOnline Transaction and e-Communication DisclaimerWema Bank Plc (the Bank) customers are hereby advised to take notice offraudulent online transactions and electronic communications (i.e. emails notifications, instant messages, SMS messages, credit alerts etc)from unknown sources purportedly emanating from the Bank with theintention to defraud them.All online transactions and electronic communications must therefore beconducted through a secured platform and independently verified fromthe Bank before acting on same, as e-communication is not intended toreplace recipients' internal business processes for due diligence andevaluation of intended or consummated transactions. The Bank shall notbe liable or accept liability for any loss suffered for reliance on electroniccommunications whose source is not from the Bank or for onlinetransactions where customers have compromised their security details.As a customer, you agree that electronic communications are neitheryour sole nor primary source of account information. Electroniccommunications are provided as an optional service for yourconvenience. The Bank will not be held liable either to the Customer or toa third party for any electronic communication that did not originatefrom the Bank.Electronic communications will be sent to the mobile phone number ande-mail address that you have provided during account opening or as aresult of your request for update of same with the Bank. You areresponsible for keeping your mobile phone number, password and email address up to date and for notifying us of any changes orcompromise of same immediately, otherwise you may not receiveinformation that could be important on your account or suchinformation may fall into the wrong hands.You should understand that your transaction or electroniccommunication may be delayed or prevented by a variety of factors. TheBank will however do its best to provide electronic communications in atimely manner with accurate information. The Bank cannot guaranteethe delivery or the accuracy of any electronic communication contents orthat it is secure or free from errors or virus. Therefore, the Bank do notrepresent that all e-communications, including the informationcontained herein, is complete, accurate, uncorrupted, timely or free fromviruses and should not be absolutely relied upon as such. For yourprotection, the Bank recommend that you do not send personalinformation or conduct any online business through means that are notsecured, including via public e–communication channels, which aregenerally not secured and could be intercepted by a third party. If you arenot comfortable with the risk associated with e-communication oronline transaction, please do not enroll for online and e-communicationservices with the Bank.You also agree that the Bank shall not be liable for any delays, failure todeliver, or misdirected delivery of any electronic communication; for anyerrors in the content of an electronic communication; or for any actionstaken or not taken by you or any third party in reliance on an electroniccommunication. Unless stated otherwise, all electronic communicationsand their contents may contain informatio

as may be determined by the Bank from time to time. iii. That the Bank may debit the account(s) with usual banking charges, interest, commission, and fees as may be determined by the Bank from time to time. iv. To free the Bank from the responsibility of payment for any loss account. numb