HOW TO OPEN AN ACCOUNT FOR PARTNERSHIPS:

The person authorised to open the account on behalf of the Partnership, must complete the ONLINE APPLICATION FORM and then email the documents listed below to our New Accounts department at  newaccounts@satrixnow.co.za 

The documents will be checked against the application form, and if in order, you will be sent a welcome email with all the account details. If not, you will be provided with guidance as to how to complete the process. 

PLEASE NOTE: Accounts for Legal Entities are currently only available to South-African entities. 

Information needed

Acceptable verification documents 

All documents should be emailed to newaccounts@satrixnow.co.za

Documents required for the Partnership entity

  • Completed Application form - HYPERLINK
  • Copy of the Partnership agreement.
  • Partners resolution / authority to act ( HYPERLINK ), printed on the Partnership letterhead, signed by all partners and nominating one signatory / representative
  • Proof of physical company address (less than 3 months old)
  • Proof of bank account of the Partnership in the form of either:
    • Copy of bank statement confirming bank details of the partnership (less than three months old); or alternatively
    • An official signed letter from the bank, on a bank letterhead listing full details of the partnership bank account
  • Copy of official SARS document showing the Partnership name and Income Tax number.
  • Registration certificate.
  • Dividends Tax Exemption Form (HYPERLINK) - completed and signed by the Authorised User.

Documents / details required for all:

 - Partners

 - Persons authorised to act

Documents: 

  1. Proof of identification
  2. Proof of Physical Residential address

In addition to the documents above, we require full contact details of the authorised individual.


Please note: For guidance on what documents are acceptable for the two (2) required documents above, please refer to the related FAQ article FICA Documents Individuals