HOW TO OPEN AN EDUCATION, SCHOOLS, COLLEGES, TERTIARY INSTITUTIONS ACCOUNTS

EDUCATION ACCOUNTS
EDUCATION ACCOUNTS

This type of bank account is used to run  schools, institutions, colleges, and tertiary institutions. It also includes Students Union Governments (SUG), faculty and departmental unions.

It is a tier three account and it can be savings or current.

REQUIREMENTS AND DOCUMENTATIONS

All documents necessary for opening a Corporate Account will be required, in Addition to the following:

  • Copy of approval from National University Commission/ Relevant Government approval from Ministry Of Education
  • Letter from the Bursar/Accounts Office
  • Certificate of Incorporation (Where applicable)

For departments in the School/College/University, the following will be required:

  • A letter from the Head of the Faculty/Department Constitution of Department
  • Extract of minutes of meeting in respect of banking relationship
  • Two Reference forms

The individual signatories will also provide all the requirements of a tier three account.

About Haruna Magaji 2484 Articles
Haruna Magaji is a journalist, foreign policy expert and closet musician. He is a graduate of ABU Zaria and a member of the Nigerian union of journalists. JSA, as he is fondly called, resides in Suleja, Abuja. email him at - harunamagaji@financialwatchngr.com

1 Comment

  1. That point about how translated fiction shapes our empathy really resonated with me, especially lately. I hadn’t heard of the second author you mentioned, but their take on modern city life sounds completely fascinating. Have you read any of their earlier short stories, or is this novel the best place to start?

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