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Step 1

All the documents must be originally certified copies. An independent commissioner of oaths must do the certification.

Step 2

You’ll need to produce your ID book (the green, bar-coded identity document). For certification, your ID book must have a clear picture of you, which is a reasonable likeness. The submission of unclear or uncertified documents will result in a delay in processing an account-opening request.

Step 3

Documentation must be sent to us via mail to Welkom Yizani, c/o Singular Systems, PO Box 785261, Sandton, 2146; or hand delivered/couriered to us at Welkom Yizani, c/o Singular Systems, 71 Corlett Drive, Birnam, 2196

Step 4

Change of details forms can be downloaded by clicking any of the below:

+ Individual (Natural Persons)
 
+ Company
 

Company (incorporated prior to April 2011)

  • Certificate of incorporation (CM1).
  • Notice of registered office and postal address (CM22), bearing the stamp of the registrar of companies and signed by the company secretary.

or

Company (incorporated post-April 2011)

  • Notice of incorporation (CoR14.1)
  • Registration certificate (CoR14.3) issued by the Companies and Intellectual Property Commission and signed by the company secretary

and

  • Notice of change of registered address (CoR21), if applicable.
  • Formal letterhead with name under which company operates and registration number.
  • Proof of physical address from which the company operates e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Identification document(s) of any natural person(s) holding 25% or more of the voting rights in the company (official South African identity document only).
  • Proof of residence of any natural person(s) holding 25% or more of the voting rights in the company e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Certificate of incorporation, founding statement, trust deed, partnership agreement, constitution or deed of association of any legal person(s) holding 25% or more of the voting rights in the company.
  • Proof of residence of any legal person(s) holding 25% or more of the voting rights in the company e.g. a utility bill (not older than 3 months); a letterhead; or a signed and certified affidavit.
  • Bank statement, printed on authentic bank stationery (which may not be an internet statement), not older than 3 months; or a signed and stamped letter on bank letterhead confirming the bank account details of the company.
  • Identification document of the authorised person (official South African identity document only).
  • Proof of residence of the authorised representative e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Contact particulars of the authorised representative.
  • Board resolution giving authorisation for the representative to sign documentation and give instructions on the company’s account. [Welkom Yizani Resolution form]
  • Current and valid BEE Ownership Certificate of Compliance from an approved BEE accredited verification.

+ Close Corporation
 

  • Founding statement (most recent version)
  • Certificate of incorporation (CK1).
  • Amended founding statement form (CK2), bearing stamp of Registrar of Close Corporations and signed by a member.
  • Formal letterhead with name under which CC operates and registration number.
  • Proof of physical address from which the CC operates e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Bank statement, printed on authentic bank stationery (which may not be an internet statement), not older than 3 months; or a signed and stamped letter on bank letterhead confirming the bank account details of the CC.
  • Identification document of each member (official South African identity document only).
  • Proof of residence of each member e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Identification document of the authorised person (official South African identity document only).
  • Proof of residence of the authorised representative e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Contact particulars of the authorised representative.
  • Binding resolution giving authorisation for the representative to sign documentation and give instructions on the CC’s account. [Welkom YizaniResolution form]
  • Current and valid BEE Ownership Certificate of Compliance from an approved BEE accredited verification.

+ Trust
 

  • Trust deed or other founding document
  • Letters of authority issued by the Master of the South African High Court for each trustee to act.
  • Bank statement, printed on authentic bank stationery (which may not be an internet statement), not older than 3 months; or a signed and stamped letter on bank letterhead confirming the bank account details of the trust.
  • Identification document of each trustee and trust beneficiary (official South African identity document only).
  • Proof of residence of each trustee and trust beneficiary e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Identification document of the authorised person (official South African identity document only).
  • Proof of residence of authorised representative e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Contact particulars of the authorised representative.
  • Binding resolution giving authorisation for the representative to sign documentation and give instructions on the trust’s account. [Welkom Yizani Resolution form]
  • Current and valid BEE Ownership Certificate of Compliance from an approved BEE accredited verification entity or agency.

+ Partnerships and Other Unincorporated Entities
 

  • Partnership agreement, founding statement, constitution, deed of association or formal letterhead.
  • Proof of physical address from which entity operates e.g. a utility bill (not older than 3 months); a letterhead; or a signed and certified affidavit.
  • Bank statement, printed on authentic bank stationery (which may not be an internet statement), not older than 3 months; or a signed and stamped letter on bank letterhead confirming the bank account details of the entity.
  • Identification document of each partner/member (official South African identity document only).
  • Proof of residence of each partner/member e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Identification document of the authorised representative (official South African identity document only).
  • Proof of residence of authorised representative e.g. a utility bill (not older than 3 months); or a signed and certified affidavit.
  • Contact particulars of the authorised representative.
  • Binding resolution giving authorisation for the representative to sign documentation and give instructions on the partnership’s account. [Welkom Yizani Resolution form]
  • Current and valid BEE Ownership Certificate of Compliance from an approved BEE accredited verification entity or agency.