Business information
If your business is registered in the European Economic Area (EEA), you must provide the following information:
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Legal name
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Trading name
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Legal entity type
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Registered address
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Principal address
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Certificate of Incorporation (CoI)
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Financial information – for example, annual processing volume, highest transaction value, average sales price
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Company ultimate beneficial owner's (UBO) personal information and proof of identification
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Authorized signatory
Authorized signatory and ultimate beneficial owner
You must assign one representative as an authorized signatory. An authorized signatory is the key decision-maker for the business. The assigned authorized signatory may also be a UBO. Therefore, two possible role combinations are:
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An authorized signatory who is a UBO, and up to three other UBOs, or
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An authorized signatory who is not a UBO, and up to four UBOs
If you are a sole trader registered in the EEA, you must provide the following information:
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Your first and last names
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Trading name
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Your place of birth
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Your date of birth
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Registered address
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Proof of identification
Bank account information
You need to add a bank account to get paid, regardless of your business type.
For example, if you are adding a France/EUR bank account, you must provide the following information:
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IBAN
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Swift BIC
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Bank account document
Acceptable document types for verification document uploads
Each uploaded document must meet certain standards to be accepted for verification:
| ****Document type**** | ****Valid document types**** | ****Document standards**** |
| Proof of identity document | - Passport - European national identity or citizenship card with photo (both sides) - European driving license with photo (both sides) - European residence permit with photo (both sides) - European electoral ID with photo (both sides) | - Cannot be a photo of a photo – for example, a photo of a document on a computer screen - Must be clear and large enough to read – fuzzy documents are not accepted - Must be in color – no black-and-white scans - Must be complete – for example, all four corners must be visible - Must not be expired - Must not be forged |
| Company document | - Certificate of Incorporation (CoI) - Memorandum of Association (MoA) or Articles of Association (AoA) - Ownership structure (if not found in MoA or AoA) | - CoI must be less than three months old - MoA or AoA must be the latest certified versions - Ownership structure must be certified by a competent authority (for example, a notary, lawyer, solicitor, or qualified chartered accountant) and dated within three months of submission |
| Financial document | - Income statement - Balance sheet - Statement of cash flow - Statement of retained earnings | - Cannot be a photo of a photo – for example, a photo of a document on a computer screen - Must be clear and large enough to read – fuzzy documents are not accepted - Must be complete – no trimming - Must be latest available version |
| Bank account document | - Bank statement | - Cannot be a photo of a photo – for example, a photo of a document on a computer screen - Must be clear and large enough to read – fuzzy documents are not accepted - Must be complete – no trimming |
| Proof of address document (if needed) | - Bank or credit card statement containing name and residential address - Local authority tax bill - Social security - Tax documents – for example, tax assessment, statement of account, notice of coding - Utility bill – for example, gas, electric, notice of coding, or benefits letters from government authorities | - Local authority tax bill and any tax documents must be from the current tax year - Utility bill, bank statement, social security, and other benefits letters must be from the past three months |