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Corporate Account Opening Requirements

ICBC (London) offers a Corporate Account service predominantly aimed at business customers with strategic links to China / Chinese markets.
Key product features include internet banking and a competitive cross-border payment remittance service.

In order to fulfil our regulatory obligations when establishing a new relationship, we may ask to see a range of materials from customers who apply to open a Corporate Account with ICBC(London).

As a minimum this should include;

1. Company Documents

- Company Registration Certificate
- Memorandum and Articles of Association
- Proof of company address
- List of directors and principal shareholders (i.e. individuals who control more than 25% of the company)
- List of authorised signatories
- An account application letter describing the nature of your business and proposed purpose of the account
- Current business plan

2. Proof of Identity for Beneficial Owners and Directors
- Passport (with accompanying valid UK Visa / Residence Permit if applicable)

3. Proof of Address for Beneficial Owners and Directors (Present at least one from the list below) 
(Present at least one from the list below)

- Full valid photocard driving licence
- Bank statement provided by another bank (dated within last 3 months.) (Printed Internet Bank statements are not acceptable)
- Utility bill (dated within last 3 months. Mobile phone bills are not acceptable)
- Council Tax bill (dated within current tax year)
- Benefit book or original notification letter from the Benefits Agency
confirming the right to benefits.(dated within last 6 months)
- Mortgage statement (dated within last 3 months)
- Valid Home Insurance (dated Building or Contents) or Car Insurance Certificate

4. Steps of Application

In order to apply for our Corporate Bank Accounts, please take a look at the following lists of applications; they will need to be filled in and returned to us as part of the application process.

Applicant are recommended to follow these procedures as listed below:
Step 1: Corporate Account Survey

-- Corporate Account Customer Survey

Step 2: Corporate Account Application Forms and related Terms and Conditions, Tariff and FSCS information sheet

-- Business Account Opening Application

-- General Terms and Conditions For Business Accounts

-- Customer Declaration Form

-- Entity Self-Certification Form

-- FSCS (Financial Services Compensation Scheme) Information Sheet

-- Signature Card

-- Tariff Charges

-- Time Deposit Fact Sheet

-- Time Deposit Instruction