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Mr. Ahmed graduated from higher College Tecnhogy and started a business in the industrial area. He needs to open an account in HSBC bank for

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Mr. Ahmed graduated from higher College Tecnhogy and started a business in the industrial area. He needs to open an account in HSBC bank for his business use. He also wants to open an account to deposit OMR 12,000 for a period of 3 years. He will only withdraw that money after the expiry of 3 years with the cumulative interest. Mr.Ahmed is planning to open another account to deposit OMR 100 every month and to withdraw that money after 5 years with cumulative interest. After successfully running his business for three years, Mr. Ahmed Taken a decision to convert his business into a Limited Company (corporation) (b) What procedures and changes are required for Mr.Ahmed in his business bank account after converting his business to a limited company and what additional documents he needs to submit to the bank

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