Current Account
The wide array of services offered to meet the dynamic requirement of modern-day business. General banking services are complemented by credit services for business diversification, domestic and international payment for business operation and trade services.
Key Features
Available in Nepalese and Foreign currencies*
Flexible operation with unlimited deposits and withdrawal
Non- interest bearing
(*Prevailing foreign exchange laws and regulations apply)
Open a Current account - Account opening form
To open Corporate Current Account, you just have to follow either of the procedures mentioned below:
- Visit your nearest Nabil Bank branch and contact Customer Service Department representative.
- Download application form - Account Opening Form (corporate). After you download the form, follow these steps:
- Print and complete the application form.
- Submit the form and the required documents at any of our brances.
Investment services through Nabil Invest
With the mission to be 1st Choice Provider of Complete Financial Solutions, we have ventured into capital market related activities and incepted a subsidiary- NABIL INVESTMENT BANKING LTD (NABIL INVEST) along with CG FINCO P LTD as the institutional shareholder to render investment banking related services.
Nabil Invest targets to establish itself as one of the leading Merchant Bankers in its short span of operation and as an Investment Banker with strong professional expertise in long run introducing innovative products and services in the Nepalese capital market with strict adherence to prevailing rules and regulations. Learn More
FAQs
- Duly filled account opening application form
- Covering letter instructing the bank to open account with specific instructions (if any)
- Certificate of Registration
- Document evidencing change in address
- Certificate of Permanent Account Number (PAN)
- Constitution
- Amendments to Constitution, and Certificate of Registration to evidence changes in name, address, purpose etc.,
- Audited financials of last financial year
- Copy of minute (or extract certified by Company Secretary in case of public limited companies) containing decision of Board of Directors/Working Committee
- to open and operate account,
- enjoy account services (as applicable),
- appointment of account operators,
- and account operating conditions (if any)
- Power of attorney conferred by the board/committee on Chief Executive and other executives to perform financial transactions.
- Citizenship/Passports of Directors/(Central) Working Committee members, Chief Executive and Account Operators
- Passport size photographs of Directors/(Central) Working Committee members, Chief Executive and account operators
- Duly filled Personal Information Particulars of Directors/(Central) Working Committee members, Chief Executive and account operators
- Operating licenses (applicable as per nature of business)
- For Foreign currency (FCY) account: Approval from Nepal Rastra Bank or as per prevailing FCY regulation of Nepal Rastra Bank
- Duly filled account opening application form
- Covering letter instructing the bank to open account with specific instructions (if any)
- Certificate of Registration/Incorporation
- Certificate of Permanent Account Number (PAN)
- Memorandum of Association, & Articles of Association
- Amendments to Memorandum/Articles of Association, and Certificate of Incorporation to evidence changes in name, address, business purpose etc.,
- Share registration log to evidence current composition of shareholders (in case of non-listed limited companies)
- Audited financials of last financial year
- Copy of board minute (or extract certified by Company Secretary in case of public limited companies) containing decision of Board of Directors
- to operate account,
- enjoy account services (as applicable),
- appointment of account operators,
- and account operating conditions (if any)
- Power of attorney conferred by the board on Chief Executive and other executives to perform financial transactions.
- Citizenship/Passports of Directors, Chief Executive and account operators
- Passport size photographs of Directors, Chief Executive and account operators
- Duly filled Personal Information Particulars of Directors, Chief Executive and account operators
- Passport size photograph, citizenship/passport, and duly filled personal particulars of natural persons holding 10% or more shares of the company
- Operating licenses (applicable as per nature of business)
Additional Document for Subsidiary of Foreign Companies
- Notarized Certificate of Incorporation of Parent Company
- Notarized Articles of Incorporation (or Memorandum & Articles of Association) of Parent Company
- Notarized document evidencing registered address of Parent Company
Additional document for FCY account
NRB FCY permit or Customs documents (भन्सार प्रज्ञापन पत्र) evidencing export of goods (≥USD 1,000) last financial year; as specified by prevailing foreign exchange regulation.
Exemption of certificate of incorporation: Certificate of Registration not required for institutions established under specific Act of Nepal
Note: Original documents must be presented for verification by bank officials. Copy documents received from foreign countries must be notarized.
- Duly filled account opening application form
- Covering letter instructing the bank to open account with specific instructions (if any)
- Certificate of Registration
- Certificate of Permanent Account Number (PAN)
- Partnership deed
- Audited financials of last financial year
- Power of attorney (for appointment of account operators other than partners)
- Power of Attorney given by partners for financial and administrative operations if partner is a legal entity.
- Citizenship/Passports of partners and account operators
- Passport size photographs of partners and account operators
- Duly filled Personal Information Particulars of partners and account operators
- Operating licenses (applicable as per nature of business)
Additional document for FCY account
NRB FCY permit or Customs documents (भन्सार प्रज्ञापन पत्र) evidencing export of goods (≥USD 1,000) last financial year; as specified by prevailing foreign exchange regulation.
Exemption of audited financials: Declaration by the firm's partners if the firm is not required to prepare/submit audited financials as per law.
Note: Original documents must be presented for verification by bank officials.
- Duly filled account opening application form
- Official covering letter from the mission/embassy
- Power of Attorney for account operation
- Citizenship/Passport, passport sized photographs and documents revealing addresses of Account Operators
- Duly filled personal particulars of Account Operators
- Duly filled account opening application form
- Covering letter instructing the bank to open account with specific instructions (if any)
- Certificate of Registration
- Document evidencing change in address (as applicable)
- Certificate of Permanent Account Number (PAN)
- Constitution
- Amendments to Constitution, and Certificate of Registration to evidence changes in name, address, purpose etc.,
- Audited financials of last financial year
- Copy of minute (or extract certified containing decision of Board of Directors
- to open and operate account,
- enjoy account services (as applicable),
- appointment of account operators,
- and account operating conditions (if any)
- Citizenship/Passports of Directors, Chief Executive, executive representative appointed for Nepal and Account Operators
- Passport size photographs of Directors, Chief Executive, Executive representative for Nepal and account operators
- Duly filled Personal Information Particulars of Directors, Chief Executive, Executive Representative and account operators
- Agreement with Government of Nepal (GON) or Social Welfare Council (if any) or Recommendation from government or Embassy of concerned country
- For Foreign currency (FCY) account: Approval from Nepal Rastra Bank or as per prevailing FCY regulation of Nepal Rastra Bank
Note: Original documents must be presented for verification by bank officials. Copy documents received from foreign countries must be notarized.