FirstSME Basic Account is a bespoke SME current account designed for Nano & Micro SMEs who are yet to complete their formal business registration.
No, the FirstSME Current account is meant for Small & Medium Scale Enterprise Customers.
No, the FirstSME Current account and Individual current account have different scheme codes.
Yes, it can be opened to these sets of customers.
Yes, the FirstSME Current account can be opened for new customers and No, it is not strictly for existing corporate customers with savings account who has been advised to migrate to current account.