Verification

What verification requirements do I need to provide to open my business account?

The business verification requirements will differ, depending on the company type your business&nbsp:is:

A Limited company, our partners require:
  • Certification of Incorporation
  • Details of all directors of the company: full name, date of birth, country of residence
  • Details of all owners/shareholders who own 25% or more of the company: full name, date of birth, country of residence
  • Details of company website and/or a description of business activity
We may also request:
  • Proof of ID and proof of address for all owners/shareholders who own 25% or more of the company
  • Proof of business trading address, i.e. a bank statement or utility bill dated within the last 3 months
For a Partnership, our partners require:
  • If your partnership is registered, we will require a company registration document
  • If your partner is not registered, we will require a partner agreement document confirming details of the partnership being created
  • Details of the managing partners/directors of the company: full name, date of birth, country of residence
  • Details of company website and/or a description of business activity
We may also request:
  • Proof of ID and proof of address for both partners
  • Proof of business trading address, i.e. a bank statement or utility bill dated within the last 3 months
For a Charity, our partners require:
  • Charity registration and structure document
  • Details of all UBOs and trustees: full name, date of birth, country of residence
We may also request:
  • Proof of ID and proof of address for UBOs
  • Proof of business trading address, i.e. a bank statement or utility bill dated within the last 3 months
For a Sole Trader, our partners require:
  • Proof of ID for sole trader
  • Proof of address for sole trader
  • Details of company website and/or a description of business activity
We may also request:
  • Proof of business trading address, i.e. a bank statement or utility bill dated within the last 3 months

For any other types company, please contact our support team on support@currencytransfer.com who will be on-hand to help you through the whole process.