Corporate Membership Terms & Conditions

1   Eligibility

1.1        To open a corporate membership account you must be a UK based business/charity or voluntary group within either of the following two categories:

Incorporated Organisations

Unincorporated Association

A private limited company limited by shares or by guarantee. A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A public limited company limited by shares or by guarantee. A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A limited partnership

A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A limited liability partnership (LLPs)

A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A Community Interest Company (CIC)

A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A Right-to-manage (RTM) company

A copy of the Company’s Certificate of Incorporation together with a copy of the Memorandum and Articles of Association

 

A credit union

A copy of the Registration Certificates and Rules

 

An incorporated Industrial & Provident Society

A copy of the Registration Certificates and Rules

 

A Friendly Society

A copy of the Registration Certificates and Rules

 

A registered charity limited by guarantee or shares

   A copy of the registration documents.

A sole trader
Two of: Current Business Letterhead or Company Letterhead, Inland Revenue Certificate, Recent utility bill or statement in the name of the Business for the Business Premises, Letter from an Accountant or Solicitor

 

An ‘ordinary' partnership

Two of: Current Business Letterhead or Company Letterhead, Inland Revenue Certificate, Recent utility bill or statement in the name of the Business for the Business Premises, Letter from an Accountant or Solicitor

 

A credit union study group

A copy of the constitution

A list of officers, including names and addresses.

 

A trust

A copy of the Trust Deed.

A list of trustees, including names and addresses.

 

A project group

A copy of the constitution

A list of officers, including names and addresses.

 

A club, society or association

A copy of the constitution

A list of officers, including names and addresses.

 

An unincorporated charity

A copy of the constitution

  A list of officers, including names and addresses.

 

1.2   This account can only be used as a dual signatory corporate account and must not be used for personal or any other use.

1.3   We are obliged to confirm the true identity of all signature authorities on the account and reserve the right to decline any application or deposit.

1.4   The minimum deposit is £1 and the maximum deposit is £15,000.

1.5   A minimum of £1 must be held in the account at all times in order to maintain membership.

1.6   Authorised persons must take all reasonable security precautions to prevent misuse of the account and account security details (this can include account details, and other security details which can include security codes, passwords or secure personal information which allow access to the account).