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Opening a bank account in Benin

Last activity 28 July 2023 by Bhavna

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Julien

Hi all,

is it difficult for expats to open a bank account in Benin ?

Which documents are required to open a bank account in Benin ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance)  ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

pweetyprince

How do i open an account cotonou?

santaee

how can we open our company bank account in  Cotonou,Benin and which bank will be best advised?

afroking231

Hi,

Opening an account in Benin is not that hard. Some banks will open a Personal Savings Account for you once you produce your international passport as well as you country's embassy card (issued by your country's embassy in Cotonou).

Some, however would request that you also bring the 'Carte de Sejour'. This is the resident permit issued by the Immigration Service in Cotonou.

I particularly like the Banque Atlantique, but, There are other equally good banks: Ecobank, UBA, Diamond, SGB, Orabank, Bank of Africa (BAOA).



This is hoping this Information is of some help.

Cheers!
Afroking231

santaee

thank you so much Afro...i am grateful for the information.

stephenaudam

am a nigerian who do busines and i want to open bank account in benin republic, i want the full details of account opening

santaee

TO open bank account r you need your resident card in french carte de séjour or your passport. for the company account you must open the company and add your registry of trade. this registry is delivered to you when you setup your company.

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nollyboy30

I want to open a account here in Benin,I have my international passport, residents permit but no embassy card is it possible to open it without the embassy card

Bhavna

Hello Nollyboy30,


Are you already in Benin ?


In which region are you located ?


Regards

Bhavna

solwealthproperty

@Julien may I know the procedure for opening account in Benin

Bhavna

hello Solwealthproperty,


Are you in Benin ? Please contact your nearest bank for precise infos.


All the best

Bhavna