You are an NGO/Association
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WHY OPEN AN ACCOUNT?
The bank account is essential to properly manage the expenses and receipts of your association, NGO, mutual insurance company, federation, group or state structure.
There is no legal requirement to open a bank account in one’s own name. However, it is often stipulated that a group applying for approval, wishing to be recognized as being of public utility, employing employees or even requesting a subsidy must have its own bank account.