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F T R E S E R V E B K

Business Account

Overview

Earn More with
Our Business Accounts

Get up to

8.25% Interest per annum

Federal Transfer Reserve Bank Business Account is engineered to power every stage of your business growth. From startups to large enterprises, enjoy bulk payment processing, payroll management, trade finance, multi-currency support, and a dedicated business banking team.

Open Your Account

Business Account Eligibility

Age Requirements

Business owner or authorised signatory must be a minimum of 18 years. All directors' and partners' details are required.

ID & Documents

Business registration certificate, GST registration, directors' KYC documents, and a board resolution authorising account opening.

Financial Criteria

Minimum opening deposit of $5,000. Monthly average balance requirements vary by account tier — contact us for tailored business plan options.

Residency & Citizenship

Available to all registered businesses, partnerships, LLPs, and companies. Foreign-owned businesses may apply with appropriate incorporation documents.

Features

Key Citizen Demat Features

Earn Interest up to 7%

Earn competitive interest credited to your account regularly, making every dollar you maintain work harder for you continuously.

Free SMS Alerts

Stay fully informed with instant SMS and email alerts for every transaction, balance change, and account activity — completely free.

FDIC Insured

All deposits are fully insured under statutory limits, giving you complete peace of mind that your funds are always protected.

Free ATM Access

Stay fully informed with instant SMS and email alerts for every transaction, balance change, and account activity — completely free.

Mobile Check Deposit

All deposits are fully insured under statutory limits, giving you complete peace of mind that your funds are always protected.

24/7 Online Banking

Earn competitive interest credited to your account regularly, making every dollar you maintain work harder for you continuously.

Required Documents

Required Documents for Application

Please upload the necessary documents to complete.

Upload Now
  • PAN Card is Mandatory
  • Completed Application Form
  • Non Resident [Passpost, Visa, Social Security Number]
  • Resident [Identification Documents, Social Security Card]
  • Passport Size Photographs
How It’s Work

Start Banking With in 5 Mins

01

Verify Customer

Complete a quick digital identity verification using your government-issued ID through our secure, encrypted KYC process — takes less than 2 minutes.

02

Documentation

Upload your proof of address, a recent photograph, and any required supporting documents. All files are reviewed securely and verified online.

03

A/c Verification

Our compliance team validates your submitted details in real time, ensuring your account is set up accurately and ready to use without delay.

04

Start Banking

Your account is now live. Start making deposits, transfers, and payments immediately through our app, internet banking, or at any Federal Transfer Reserve Bank branch.

Your Financial Future Starts Here, Start Your Account.
Growing Your Wealth

Journey to Wealth Building

Federal Transfer Reserve Bank Business Account is more than just a bank account — it is your complete financial partner. With powerful digital tools, dedicated relationship managers, trade finance facilities, and multi-currency capabilities, we help your business grow stronger every day.

Available in
Different Sizes.

Affordable Rental
Plans.

Starting Balance
20%
Regular Contributions
50%
Interest Accumulation
75%
Achieve Your Goal
100%
0% 20% 40% 60% 80% 100%