For Nigerian business:
Business Name
These are businesses registered with the CAC as Business Names. They have a BN number and are typically sole proprietorship businesses.
Documents required:
CAC Certificate: This is the certificate showing that you have registered the Business Name with the CAC.
CAC registration supporting document
You will also need to provide the information of the owner of the business (BVN, DOB, ID, signature, phone number, Next of kin details and address)
Utility bill of not over 3 months
Tax Identification Number (TIN): This is a unique identification number issued to taxpayers by the FIRS.
SCUML: This is required depending on the business
Referee
Incorporated Company
This is a business incorporated with the CAC with an RC number. They include Private and Public limited liability companies and companies limited by guarantee.
Documents required:
Certificate of Incorporation: Certificate showing that the company is duly incorporated.
Memorandum and Articles of Association (MEMAT)
Form Co7: This contains the details of the directors.
Form Co2: This contains allotment of shares.
Tax Identification Number(TIN): This is a unique identification number issued to taxpayers by the FIRS.
You will also need to provide information of all the directors of your business (BVN, DOB, ID, signature, phone number, Next of kin details and address)
Utility bill of not over 3 months
SCUML: This is required depending on the business
Referee
Incorporated Trustees
These are businesses that are registered with the CAC as incorporated trustees. These businesses have an RC/BN number. Examples of businesses with this registration type include NGOs, religious organizations, professional associations, etc.
Documents required:
Certificate of incorporation or Copy of certificate of registration of the body
Deed of appointment of the trustee or Status Report which contains the details of the appointed trustees
You will also need to provide information about the Signatories and trustees (BVN, DOB, ID, signature, phone number, Next of kin details and address)
Bye Law/ constitution of the organization
Tax Identification Number(TIN) where applicable
Utility bill of not over 3 months
Referee
SCUML: This is required depending on the organization
For Zambian business:
To open an account with Lenco by BroadPay, you will need to provide some Know Your Customer (KYC) requirements.
Companies
Documents required:
Certificate of incorporation
Form III / Articles of Association / Latest PARCRA printout (not older than 3 months)
Website URL/Apk
Directors' IDs
Corporate bank account details
Any additional necessary documents
Churches / Non-Governmental Organizations (NGOs)
Documents required:
Zambian Kwacha Account
Certificate from Registrar of Societies
Constitution
IDs of Chairpersons / Directors
Business Name
Documents required:
Certificate of registration
ID
Proof of residence
Website URL/APK
Bank account details
Individual
Documents required:
ID
Proof of residence
Website URL/APK
Bank account details