Opening Accounts Residents Sole Proprietorship Legal Entities Non Residents Sole Proprietorship Legal Entities Type of Accounts Current Account Corporate Savings Time Deposit Company Employee Savingsplan Corporate Credit Facilities Commercial term loans for fixed assets Commercial Term Loans for real estate Overdraft Facility Creditcards Letter of Credits/Guarantees Other Services My Credit Card Online
   
  Opening Accounts
Non Residents in the Netherlands Antilles
   
  Requirements for the opening of an account for a non-resident sole proprietor (eenmanszaak)
1. A fully completed and signed application form. The account holder and authorized signatories full name, home and business address, phone and fax numbers, date and place of birth, nationality, occupation, must be mentioned on the form.
2. A fully completed and signed Source of Funds and Statement of Purpose Document, giving detailed information about the anticipated activities and nature of transactions.
3. A fully completed and signed Indemnity Agreement.(if applicable)
4. General Terms & Conditions, to be signed by client upon receipt.
5. Two signature cards, to be signed by the prospective signatory (ies) .
6. A Power of Attorney Document (if applicable).
7. A clear copy of a valid identification document of the account holder and authorized signatories (passport, driver’s license or an identification card). For non-resident nationalities two valid identifications are required (one must be a passport).


Requirements for the opening of business accounts legal entities not established in the Netherlands Antilles. (non resident)
1. A fully completed and signed application form. The owner and authorized signatories full name, home and business address, phone and fax numbers, date and place of birth, nationality, occupation, must be mentioned on the form.
2. A fully completed and signed Source of Funds and Statement of Purpose Document, giving detailed information about the anticipated activities and nature of transactions.
3. A fully completed and signed Indemnity Agreement.(if applicable)
4. General Terms & Conditions, to be signed by client (s) upon receipt.
5. Two signature card(s), to be signed by the prospective signatory (ies) .
6. A Power of Attorney Document (if applicable).
7. A clear copy of a valid identification document of the Ultimate Beneficial Owner (s), directors and authorized signatories (passport, driver’s license or an identification card). For non-resident nationalities two valid identifications are required (one must be a passport).
8. For non-resident nationalities two original reference letters from two different well-known banks addressed to Orco Bank N.V.
9. A fully completed and signed Ultimate Beneficial Owner document.
10. Certified copy of shareholder’s register.
11. Certified copy of Certificate of Incorporation, Chamber of Commerce excerpt if applicable not older than two months.
12. Registered office.
13. Name and address of registered Agent, where applicable
14. Memorandum and/or Articles of Association, by laws, etc duly certified
15. Description and nature of business of corporation
16. Statement of good standing not older than two months.
17.

Copy Resolution authorizing opening of bank account.

When applicable more information about the person(s) might be needed, in order to comply with the “Know your customer policy” of the bank.

Any additional information, for the bank to know who the client is, and what the client does, is welcome.

The prospective client can only open accounts in person. Mail requests or fax copies to open accounts will not be accepted.

Accounts will not be opened until all applicable documents are received, fully completed and signed.