There are many reasons why you should open a Moniepoint account for your business; A Moniepoint Account provides you with a bank account in your business name from the comfort of your home with no bank queues, no paperwork and no opening balance.
Opening a Moniepoint account for your business, also, makes it easy for you to get access to business loans, a POS terminal for your business in less than 48 hours, an expense card to keep track of your day-to-day business operational costs and so much more.
It is very easy to open a Moniepoint account for your business as the requirements are easily accessible. All you need to open a Moniepoint business bank account are:
- A functional mobile phone number and email address
- Your BVN
- A smart device that can connect to the internet (either a smartphone or a computer)
- A valid form of identification (NIN slip, PVC, international passport or driver’s license)
- Proof of address (Bank statement showing your address, PVC, driver’s license, utility bill or tenancy agreement)
Once you have all the above requirements, your business account number can be created instantly. All you need to do is complete the signup process which takes less than 10 minutes.
How to Open a Moniepoint Account for Your Business
Business banking made easy. Moniepoint manage your business finance with a simplified banking solution created for you. Follow these three steps to open a Moniepoint account for your business
Step one: Visit Moniepoint Website
- To create your account, Visit official website and enter your email and phone number. CLICK HERE to get started.
Step two: Fill in your details
- Provide your email and phone number and verify your phone number with an OTP.
Step three: Get verified
- Select username & password. Provide your BVN and KYC details and start face & ID verification. You can then provide your business name and set up a PIN for managing your account.
- Take a picture of your face using our face-capturing tool in a well-lit room.
- Use only government-issued IDs such as National Identification Number (NIN) slip, Permanent Voters’ Card (PVC), drivers license or international passport).
- Do not use expired documents
- Use clear images of the original documents, not photocopies. Details on the image need to be clear.
- If using the live capture document verification feature, ensure all edges of the documents are captured within the frame.
How to Request a Moniepoint POS Machine
Moniepoint POS is probably the easiest agency banking POS to get in Nigeria at the moment.
The first step to getting a Moniepoint POS agent is by signing up on their website. Here’s a step-by-step guide on how to get started on Moniepoint Website:
- Click get started
- Enter your full name, email, phone number, and other details.
- Select the other POS merchants you’re working with (if any)
- Submit
Within 48 hours of signing up, an Aggregator (an officer who’s in charge of a cluster of agents like you) will contact you and take it up from there.
Alternatively, just visit their No.12 Wole Ariyo St, Lekki Phase 1 office. Once you are mapped to an aggregator, you can get everything done in a short time.
The Documents Required to Complete Moniepoint Agency Banking Registration Are:
- A valid Identification Card (International Passport, NIN, Voters’ Card, or Driver’s License)
- Utility Bill (waste bill, electricity bill, land-use charge, water bill, or tenancy agreement)
- CAC documents (for registered businesses only)
- BVN
- A standard account number in any commercial bank.
