CalBank Current Account

This is a transactional or checking account which can be opened and operated by businesses/entities such as partnerships, sole proprietorships, associations, NGOs, churches, schools, limited liability companies etc.


The account is available in Ghana Cedis (GHS), Great Britain Pound (GBP), United States Dollar (USD) and Euro (€). Other features of this account are:

  • Cheque books available for only cedi accounts.
  • No restriction on the number of transactions.
  • Access to a team of dedicated Relationship Officers to handle all banking related needs.
  • Free advisory services.
  • Cheques on the account can be issued at any CalBank branch and other banks as well.
  • Clients can have access to facilities such as Overdrafts, Credit Lines and Letters of Credit. This is however subject to clients’ ability to meet the bank’s credit requirement.
  • Access to Electronic Banking services (optional).
  • Must own a business and be registered with Registrar General

Below are further requirements depending on the type of Current Account being opened:

Partnerships:

  • Certified True Copy of Form A/Partnership Deed.
  • Certified True Copy of Certificate of Registration.
  • Resolution of Partners Regulating the Conduct of the Account on the Company’s Letterhead.
  • Resolution nominating signatories to the account (on company’s letterhead).
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • Identification of each partner and signatories e.g. Passport, Drivers’ License, NHIS Card, Voter’s ID Card.
  • One (1) current passport size picture of each partner and signatories.
  • Initial deposit amount.

Sole Proprietorship

  • Certified True Copy of Form A.
  • Certified True Copy of Certificate of Registration.
  • Resolution of the Proprietor Regulating the Conduct of the Account on Company Letterhead.
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • Identification e.g. Passport, Driver’s Licence, NHIS Card, Voter’s ID Card of the proprietor and signatories.
  • One (1) current passport size picture of the proprietor.
  • Current company registration documents from the Registrar Generals Department.
  • Initial deposit amount.

Associations

  • Certified True Copy of the Regulations of the Association (where applicable).
  • Certified True Copy of the Registration Certificate (if applicable).
  • Resolution of the Executives regulating the conduct of the account on association’s letterhead (sample provided).
  • Resolution nominating the signatories to the account.
  • Identification of all Executives and signatories e.g. Passport, Drivers? Licence, NHIS Card, Voter’s ID Card.
  • Proof of Residential Address (E.g. Utility Bill-Water or Electricity in the name of the client in addition to a Tenancy Agreement in case of a rented house).
  • One (1) current passport-size photograph of each executive and signatories.
  • Initial deposit amount