Financial Data
Updated 23 Feb 2017


South Africa

Related sections

Transactional requirements

Opening a Business Account:

Documentary requirements and general information

All types of legal entities
  • CM1 (certificate of incorporation)
  • CM2 (Memorandum of association)
  • CM9 (certificate of change of name) (if applicable CM9)
  • CM22 (notice of registered address)
  • CM29 (content of directors)
  • CM31 (appointment of auditors)
  • CM44 (articles of association)
  • CM46 (certificate to commence business)
  • A certified true copy of the SARS and VAT documentation
  • Resolution by board of directors delegating authority to individuals to act on behalf of entity and depicting the authorised signatories to the account.
Please note

All documents needs to either be originals or certified copies unless otherwise stated

Foreign companies
  • COR15.2 (certificate of change of name) (if applicable)
  • COR21.1 (notice of registered address)
  • COR39 (content of directors)
  • CM44 (appointment of auditors)
  • CM37 (agent acting on behalf of external entity)
  • CM49 (certificate of registration of memorandum of external company)
  • Proof of listing on a foreign stock exchange
  • Proof of trading address for the foreign entity and the SA entity
  • A certified true copy of the SARS and VAT documentation
  • Resolution by board of directors delegating authority to individuals to act on behalf of entity and depicting the authorised signatories to the account.
Please note

All documents needs to either be originals or certified copies unless otherwise stated

Shareholder documents
  • Certificate of incorporation
  • Memorandum and articles of association
  • Change of name of company
  • Notice of registered address and postal address
  • Application to add/ delete directors
  • Appointment of new directors
  • Appointment of auditors
  • Certificate to commence business.
Please note

All documents needs to either be originals or certified copies unless otherwise stated

Contact us

For further information or assistance, contact africainfo@standardbank.co.za or our in-country Banking Heads

In-country contact 
Name: William (Bill) Blackie
William.blackie@standardbank.co.za
Tel no: +27 11 721 7693
Address: Standard Bank Corporate and Investment Banking, 30 Baker Street, Rosebank, Johannesburg, South Africa

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