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BUYGOODS KYC REQUIREMENTS1.2.3.4.5.INDIVIDUALSOLE PROPRIETORLIMITED LIABILITYCOMPANYNON-GOVERNMENTALORGANIZATIONDuly filled and signed application form &Terms and conditionsNational IdDaily receipts(Current 1 Week)KRA Pin(Not Mandatory)M-pesa Registered line to be indicated on Application form1.2.3.4.Duly filled and signed application form &Terms and conditionsCopy of Business Registration/or Business PermitIndividual or company KRA Pin (Not Mandatory)Copy of Identification Documents of Persons Opening the account i.e .Copyof the National ID/ Military Service Number (Passport/Alien Certificate forForeign Nationals).5. Copy of Utility Bill or Business Photo to confirm existence of the Business6. Cancelled cheque or letter from Bank confirming Bank details1. Duly filled and signed application form &Terms and conditions2. A stamped copy of the certificate of incorporation3. Original stamped /or company sealed Board Resolution on company letterhead signed by at least two directors within 30 days stating:a. Authority to open a Buygoods account or Transact business onbehalf of the companyb. Appointed persons having signatory authority and provide copies oftheir identification documentsc. Bank detailsd. Nominated Safaricom Number to initiate fund withdrawal of fundson behalf of the company(not mandatory)4. KRA pin certificate ( for company and Directors)5. Copy of CR12 –WITH VALIDITY PERIOD OF 30 DAYS/or Annual Returns withfilling receipt6. Copy of Utility Bill or Business Photo to confirm existence of the Business7. Copy of Identification Documents of Persons Opening the account i.e .Copyof the National ID/ Military Service Number (Passport/Alien Certificate forForeign Nationals).8. Cancelled cheque or letter from Bank confirming Bank details1.Duly filled and signed application form &Terms and conditions2. Copy of Certificate of Registration3. Signed Letter on letter head from the NGO Board confirming Registrationand existence including officials.4. Original Stamped /or company seal board resolution on NGO letter headsigned by at least two directors(Committee) within 30 days stating:
a. Authority to open a Buygoods account or Transact business onbehalf of the NGOb. Appointed persons having signatory authority and provide copies oftheir identification documentsc. Bank detailsd. Nominated Safaricom Number to initiate fund withdrawal on behalfof the NGO(not mandatory)5. Copy of Identification Documents of Directors i.e Copy of the National ID/Military Service Number (Passport/Alien Certificate for Foreign Nationals).6. Cancelled cheque or letter from Bank confirming Bank detailsPARTNERSHIPS(INCLUDE FIRMS SUCH ASACCOUNTANTS ANDADVOCATESDENOMINATIONALCHURCHESBRANCHES OFMAINSTREAM CHURCHESE.G CATHOLIC,ANGLICAN1.2.3.4.5.Duly filled and signed application form &Terms and conditionsCopy of Partnership Deed /OR AffidavitCopy of Certificate of Registration/or Business PermitIndividual or company KRA Pin (Not Mandatory)Copy of Identification Documents of Persons Opening the account i.e. .Copyof the National ID/ Military Service Number (Passport/Alien Certificate forForeign Nationals)6. Copy of Utility Bill or Business Photo to confirm existence of the Business7. Signed Letter from the partners (on company letter head) indicating:a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)8. Cancelled cheque or letter from Bank confirming Bank details2. Duly filled and signed application form &Terms and conditions3. Copy of Certificate of Registration4. Letter from the headquarters of the church signed by at least 2 churchofficials introducing :a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)5. Verification of existence of the church by providing church photo /or copyof utility bill6. Copy of Identification Documents used by Signatory Officials i.e .Copy of theNational ID/ Military Service Number (Passport/Alien Certificate for ForeignNationals).7. Cancelled cheque or letter from Bank confirming Bank details
NON -DENOMINATIONALCHURCHES1. Duly filled and signed application form &Terms and conditions2. Copy of Certificate of Registration3. Letter from the church signed by at least two church officials introducing :a. Authority to open a Buygoods account or Transact business onbehalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc.Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)4. Verification of existence of the church by providing church photo /or copyof utility bill5. Copy of Identification Documents used by Signatory Officials I .e .Copy ofthe National ID/ Military Service Number (Passport/Alien Certificate forForeign Nationals).6. Cancelled cheque or letter from Bank confirming Bank details1.2.3.4.CO-OPERATIVESOCIETIES/SACCOSDuly filled and signed application form &Terms and conditionsCopy of Certificate of Registration as a cooperative societySigned Letter from SASRA confirm Sacco Registration on letter headOriginal Stamped committee board resolution on company letter headsigned by at least two directors within 30 days stating :a.Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)5. Copy of Identification Documents of signatory officials i.e. Copy of theNational ID/ Military Service Number (Passport/Alien Certificate for ForeignNationals).6. Cancelled cheque or letter from Bank confirming Bank detailsSACCOS -WITH FRONTOFFICE SAVINGSACTIVITY (I.E DEPOSITTAKING1.2.3.4.Duly filled and signed application form &Terms and conditionsCopy of Certificate of Registration and Trade license from the SaccoSigned Letter from SASRA confirm Sacco Registration on letter headOriginal Stamped committee board resolution on company letter headsigned by at least two directors within 30 days stating :a. Authority of the branch to open a Buy goods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)
PARASTATALSCOMMISSIONS/SEMI-AUTONOMOUS GOKINSTITUTIONSGOVERNMENTSPONSORED SCHOOLS5. Copy of Identification Documents of signatory officials i.e. .Copy of theNational ID/ Military Service Number (Passport/Alien Certificate for ForeignNationals).6. Cancelled cheque or letter from Bank confirming Bank details7. Completion of SAFARICOM AML/KYC questionnaire.1. Duly filled and signed application form &Terms and conditions2. Original Stamped board resolution on company letter head signed by atleast two directors within 14 days stating :a. Authority to open a Buy goods account or Transact business onbehalf of the companyb.Appointed persons having signatory authority and provide copiesof their identification documentsc.Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the company(not mandatory)3. Copy of Identification Documents used by Signatory Directors i.e Copy of theNational ID/ Military Service Number (Passport/Alien Certificate for ForeignNationals).4. Cancelled cheque or letter from Bank confirming Bank details1. Duly filled and signed application form &Terms and conditions2. Act of parliament and or gazette notice forming the institutions.3. A copy of the letter from Treasury – Accountant General’s office to the lineministry’s PS authorizing opening of the account with us and Bank details4. A letter from the Permanent Secretary (PS) of the line ministries requesting:a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)5. A letter from the institution’s Head forwarding the above documents.6. Cancelled cheque or letter from Bank confirming Bank details1. Duly filled and signed application form &Terms and conditions2. Original Stamped committee board resolution on company letter headsigned by at least two directors within 30 days stating :3. A letter of introduction from the DEO/County Education Directorauthorizing opening of the account; or, a circular letter from the Ministry ofEducation authorizing :a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documents
c.d.Bank detailsNominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)4. Copy of identification documents used by the Board signatory’s i. e theNational ID/ Military Service Number (Passport/Alien Certificate for ForeignNationals5. Cancelled cheque or letter from Bank confirming Bank detailsCENTRAL GOVERNMENT –MINISTRIES/GOVERNMENTDEPARTMENTS1. Duly filled and signed application form &Terms and conditions2. A letter from the Permanent Secretary (PS) of the line ministries requestingto have :a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)3. A copy of the letter from Treasury – Accountant General’s office to the lineministry’s PS authorizing opening of the pay bill account with Safaricom4. A letter from the District Accountant forwarding the above documents5. Cancelled cheque or letter from Bank confirming Bank detailsDEVOLVED GOVERNMENTE.G COUNTIES1. Duly filled and signed application form &Terms and conditions2. Letter from the County Committee Executive signed by at least 2 officialsstating:a. Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)3. A letter from the County Accountant confirming the request to open theaccount4. Copy of Identification Documents of signatory officials i.e. .Copy of NationalId/Millitary Number/Passport/Allien Id5. Cancelled cheque or letter from Bank confirming Bank details
1.2.3.4.FINANCIAL INSTITUTIONS(MICRO-FINANCEINSTITUTIONS,INVESTMENT COMPANIES,BANKS5.6.7.8.9.Duly filled and signed application form &Terms and conditionsA certified copy of the Certificate of IncorporationCopy of CR12 –Validity period of 30 daysOriginal Stamped /or company seal board resolution on company letterhead signed by at least two directors within 30 days stating :a.Authority of the branch to open a Buygoods account or Transactbusiness on behalf of the churchb. Appointed persons having signatory authority and provide copiesof their identification documentsc. Bank detailsd.Nominated Safaricom Number to initiate fund withdrawal onbehalf of the church(not mandatory)Kenya Revenue Authority PIN Certificate(company and directors)Copy of identification documents used by the Directors. e the National ID/Military Service Number (Passport/Alien Certificate for Foreign NationalsA certified copy of the Financial Institution’s Annual license from theauthorizing authority.Cancelled cheque or letter from Bank confirming Bank detailCompletion of SAFARICOM AML/KYC questionnaire.
a. Authority of the branch to open a Buy goods account or Transact business on behalf of the church b. Appointed persons having signatory authority and provide copies of their identification documents c. Bank details d. Nominated Safaricom Number to initiate fund withdrawa
