How to Open a Company Bank Account in Pakistan: A Step-by-Step Guide

If you are planning to start a business in Pakistan, it is important to open a corporate bank account to manage your finances effectively. A corporate bank account is necessary for separating personal and business transactions and to get a clear picture of your company’s financial affairs. In this article, we will guide you through the process of opening a corporate bank account in Pakistan.

Step 1: Obtain the Required Documents

Before you start the process of opening a corporate bank account, you must obtain the necessary documents. These documents may vary from bank to bank, but in general, the following documents are required:

  • Certificate of incorporation of business
  • Memorandum of association of company
  • Articles of association of the company
  • Copy of Form – 29
  • Verified CNIC copies of signatories
  • Copy of National Tax Number
  • SECP registration certificate
  • Company letterhead

Make sure that you have all the necessary documents before proceeding to the next step.

Step 2: Choose a Bank

All banks in Pakistan provide services to corporate entities. However, it is important to choose a bank that meets your business needs. Consider factors such as the bank’s location, fees, and services offered before making a decision.

Step 3: Visit the Bank

Once you have selected the bank, visit the branch and inquire about the process of opening a corporate bank account. The bank representative will provide you with the necessary forms to fill out and guide you through the process. Make sure to provide accurate information and complete all the required forms.

Step 4: Submit the Required Documents

Submit the required documents along with the filled-out forms to the bank representative. The bank will verify the documents and process your application.

Step 5: Activate the Account

Once your application is approved, the bank will provide you with the account details. You will need to deposit the minimum required amount to activate the account.

Step 6: Manage Your Account

After your account is activated, you can start managing your finances through your corporate bank account. You can view your transactions on a real-time basis through internet banking, but payments can only be made through a banker’s cheque. It is important to ensure that the signature and authority for payments are allowed to all the directors of the company. If only one person is authorized to sign documents initially, you can opt to add more members via a visit to the branch and requesting the change or addition in writing.


Opening a corporate bank account in Pakistan is a necessary step in managing your business finances effectively. By following the above steps, you can easily open a corporate bank account and start managing your finances efficiently. It is important to choose the right bank and provide accurate information to ensure a smooth process.


    1. All the accounts used to be digital except some limitations on company accounts by some banks. So depends upon your need you have to register your account with relevant bank.

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