You are NGO/Association
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WHY OPEN AN ACCOUNT?
The bank account is essential to manage the expenses and revenues of your association, NGO, mutual, federation, group or governmental structure.
There is no legal requirement to open a bank account in your own name. However, it is often required that a group that applies for accreditation, wishes to be recognized as a public benefit, employs staff or applies for a grant must have its own bank account.