Provided the correct FICA documentation is provided, a SatrixNOW account can be opened for the category "Other Legal Persons".
The category "Other legal persons" includes informal associations, Eg. Stokvels, churches, burial societies, schools, savings clubs, etc. for which the number of members must be at least two (2).
HOW TO OPEN AN ACCOUNT FOR THE CATEGORY "OTHER LEGAL PERSONS": The person authorised to open the account on behalf of the Legal Entity 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 Other legal persons (Eg. Stokvels, churches, burial societies, schools, savings clubs etc.) |
|
Documents / details required for all:
| Documents:
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 Proof of identification and Proof of Address, please refer to the related FAQ article SatrixNOW FICA Documents Individuals |