Current Account

• Free Orco Bank Mastercard Debit Card for your business
• Shop online with your Mastercard Debit Card
• Worldwide acceptance of your card
• A secure place to deposit cash and checks from sales
• To receive deposits and transfers from third parties
• To receive deposits from your credit card and debit card sales
• To manage your operating expenses
• To manage your cash
• To make payments to suppliers and other third parties, locally and internationally
• Secure access to other Orco Bank services, such as the New Orco Bank Online and the Orco Bank App. 
• Your maximum daily MAESTRO/ATM withdrawal is ANG 10,000.00

• Record of your business transactions
• Track your revenue
• Manage your different cost centers
• Access New Orco Bank Online any time
• Use of Corporate ATM/Debit Card
• Apply for our Business Credit Cards
  
   

All requested documents and forms should be provided before the account opening process can be initiated. Additional documents may be requested during the process.

In order to properly assess your request, we require the following documents from you:

1. A copy of Articles of Association (signed and stamped by Notary). 
2. An original Chamber of Commerce excerpt not older than two months. 
3. A copy of the Shareholder’s register signed by the Director. 
4. Ownership Structure chart for structures larger than two layers. 
5. Documents to be submitted from the Ultimate Beneficial Owner(s), directors, authorized signatories and/or board members:
   A. An original valid national identification document (sedula).
   B. A proof of address document not older than two (2) months (utility bill, bank statement, official tax document or a civil registry document).
6. For entities with two or more managing directors, a board resolution is required to open and operate the account.

Additional in case of a non-resident client:

• Original passport or a certified passport as a true copy of the original document, by a notary, lawyer or regulated professional or the authorized signatories of a regulated entity.
• A personal and/or corporate tax ID number (CRIB-nummer, Social Security Number, Burger Service Nummer) is mandatory on the CRS-FATCA tax self-certification form.
• Copy of a bank statement not older than 1 month (of every individual and legal entity).