Understand whether an Institutional Savings Account or Institutional Current Account is suitable for your needs.

Think about how your institution collects money and manages regular payments.

Check the facilities available for cash deposits, cheque collections, fund transfers and bulk transactions.

Compare the balance requirement, transaction limits and service charges applicable to each account.

Choose an account that gives your team secure and convenient access to manage transactions.

Having the required institutional documents ready can help make the account-opening process smoother.

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