Republic Business Chequing Account

1. A Chamber of Commerce extract/ certificate of registration in the (trade) register from the country of origin (not older than 3 months).
2. A Chamber of Commerce extract/ certificate of registration in the (trade) register from the local Branch (not older than 3 months).
3. Copy of the Articles of Association of the Parent Company.
4. Valid business license (if applicable)
5. Copy of the shareholders register or letter from the Parent Company stating all the Shareholders and/or Nominee Shareholders, who holds at least 10% and more of total number of shares.
6. By-Laws (if applicable)
7. Board Resolution of the Parent Company authorizing the account opening and signatories to the account (notarized).
8. An original letter signed by the Managing Director of the local branch requesting the opening of the account(s), stating:
   • the currencies in which the account(s) should be opened
   • the names of the authorized signatories
   • the restrictions on dispositions/transactions
   • the reason for opening the account(s)
   • application for other banking products such as corporate debit card, credit card, online banking
9. Notification/Proof of the address of the local Branch: utility receipt (Electricity, Water, Telephone) not older than 3 months.
10. For the Parent Company: Internal Financials/Financial statements for the last 3 years. (signed by the director)
11. For the local branch: a 3-year forecast (including the current year), including a Balance Sheet and Profit & Loss Statement. (signed by the director)
12. Reference letter from the bank where the Parent Company maintains business accounts (not older than 3 months) or Bank statements of the business accounts of the last 3 months.
13. Copy of a valid ID of all management board members, authorized signatories, and shareholders (with at least 10% shareholding):
    • For Surinamese residents: Passport, E-ID card or driving license.
    • In case of a driving license, a declaration of nationality is also required.
    • For foreigners (non-residents): Original notarized Passport.
14. Proof of current address of all management board members, authorized signatories, and shareholders (with at least 10% shareholding):
    • Civil Registry Extract or an invoice from one of the utilities in the name of the person concerned residential or bill from a utility company (Electricity, Water, Telephone) in your name (not older than 3 months).
15. Where an Entity is a shareholder (with at least 10% shareholding) please submit the following:
    • Certificate of Registration**
    • Articles of Incorporation**
    • Shareholder register

Please send the original signed documents and forms to the Business Banking department.

After screening of the documents, you will be contacted for further instructions and additional information may be requested.

For questions or concerns, please email: RBSR-BBSupport@republicbanksr.com

Please note that due to the current procedure and KYC Customer Due Diligence, after submitting all requested documents it may take 1-2 weeks for the screening.

1. Original KKF extract (not older than 3 months)
2. Operating license (if applicable)
3. Notice of Company address
   • Utility company receipt (light, water of phone bill) in the name of the company (not older than 3 months).
   • If the utility bill is not in the name of the company, the attached “authorization letter” may be signed by the utility owner along with a copy of their ID.
   • OR a rental agreement together with a utility company receipt (light, water of phone bill) in the name of the landlord (not older than 3 months).
4. An original letter signed by the owner requesting the opening of the account(s) stating:
   • The currencies in which the account(s) must be opened
   • The names of the authorized signatories / attorneys
   • The restrictions regarding dispositions
   • The reason for opening the account(s)
   • The application of all banking products example; corporate debit card, credit card, online banking etc.
5. Annual figures / forecast (signed by the owner)
   • For existing company: P&L + balance sheet (of the past 3 years)
   • For starting companies: an opening balance & cash flow forecast (for the next 3 years)
6. Copy of valid proof of identity of all board members and persons entitled to sign
   • For Surinamese residents: Passport, ID card or Driver's license
   • In case of driver's license, a declaration of nationality is also required.
   • For foreigners (non-resident): Passport only.
7. Proof of current home address of all board members and persons entitled to sign.
   • CBB Extract or invoice from a utility company (light/ water bill) in your name (not older than 3 months).

Please send the original signed documents and forms to the Business Banking department.

After screening of the documents, you will be contacted for further instructions and additional information may be requested.

For questions or concerns, please email: RBSR-BBSupport@republicbanksr.com

Please note that due to the current procedure and KYC Customer Due Diligence, after submitting all requested documents it may take 1-2 weeks for the screening.

1. Original Extract Chamber of Commerce and Industry (not older than 3 months)
2. Copy of Articles of Association
3. Operating license (if applicable)
4. Copy of shareholder register
5. Notice of Company address
   • Utility company receipt (light, water of phone bill) in the name of the company (not older than 3 months).
   • If the utility bill is not in the name of the company, the accompanying “authorization letter” may be signed by the utility owner along with a copy of their ID.
   • OR a rental agreement together with a utility company receipt (light, water of phone bill) in the name of the landlord (not older than 3 months).
6. An original letter signed by the management requesting the opening of the account(s) stating:
   • The currencies in which the account(s) must be opened
   • The names of the authorized signatories / attorneys
   • The restrictions regarding dispositions
   • The reason for opening the account(s)
   • The application of all banking products; corporate debit card, credit card, online banking etc.
7. Annual figures/forecast
   • For existing company: income statement & opening balance (of the past 3 years)
   • For starting companies: an opening balance & cash flow forecast (for the next 3 years)
8. Copy of valid proof of identity of all directors, persons entitled to sign and shareholders (with a minimum of 10% shareholding).
   • For Surinamese residents: Passport, ID card or Driver's license.
   • In case of driver's license, a declaration of nationality is also required.
   • For foreigners (non-resident): Passport only.
9. Proof of current residential address of all directors, signatories, and shareholders (with a minimum of 10% shareholding): CBB Extract or bill from a utility company (light/ water bill) in your name (not older than 3 months).

Please send the original signed documents and forms to the Business Banking department.

After screening of the documents, you will be contacted for further instructions and additional information may be requested.

For questions or concerns, please email:RBSR-BBSupport@republicbanksr.com

Please note that due to the current procedure and KYC Customer Due Diligence, after submitting all requested documents it may take 1-2 weeks for the screening.

1. A written request from the board to open the account or enter the relationship of RBSR stating:
   • The currencies in which the accounts must be opened
   • The names of the authorized signatories/procuratorates
   • The restrictions regarding dispositions
   • The reason for choosing RBSR
   • The application of all banking products example; corporate debit card, credit card, online banking etc.
2. Extract from the foundation register (KKF)
3. Statutes
4. Minutes / Board decision regarding the opening of the account
5. Overview of donors and/or Contributors or source of income
6. Notification of foundation address
   • Utility company receipt (light, water, or phone bill) in the name of the company (not older than 3 months).
   • If the utility bill is not in the name of the company, the accompanying “authorization letter” may be signed by the utility owner along with a copy of their ID.
   • OR a rental agreement together with a utility company receipt (light, water of phone bill) in the name of the landlord (not older than 3 months).
7. Annual figures/forecast (signed by the chairman)
   • In the case of a new foundation: a prognosis (in amounts) of future income, activities, and donations for the next 3 years.
   • Existing foundation: annual figures of the past 3 years.
8. Copy of one (1) valid photographic proof of identity of the executive board and persons entitled to sign.
   • For Surinamese residents, the following may be submitted: Passport OR E-ID card. For E-IDs, please also include a copy of the back with the expiration date.
   • If a customer shows a Surinamese driver's license and is not in possession of an E-ID or Passport, a nationality statement can be accepted to support the driver's license.
   • For foreigners (non-residents): Passport only.
9. Proof of the residential address of the executive board and persons entitled to sign: for example, an extract from the population registers or utility company receipt (light, water, or phone bill) not older than 3 months, which is in the name of the person concerned.
10. Reference letter or Bank (online) statements from the past 3 months if the foundation already does bank elsewhere.

Please send the original signed documents and forms to the Business Banking department.

After screening of the documents, you will be contacted for further instructions and additional information may be requested.

For questions or concerns, please email:RBSR-BBSupport@republicbanksr.com

Please note that due to the current procedure and KYC Customer Due Diligence, after submitting all requested documents it may take 1-2 weeks for the screening.