Required information
Business information
If your business is registered in the EEA, then you need to provide the following information:
- legal name
- trading name
- legal entity type
- registered address
- principal address
- certificate of Incorporation (CoI)
- financial information (annual processing volume, highest transaction value, average sales price)
- company Ultimate Beneficial Owner's (UBO) personal information and proof of identification
- 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 an Ultimate Beneficial Owner (UBO). Therefore, two possible role combinations are:
- an authorized signatory who is a UBO, and up to three other UBOs, or
- an authorized signatory who is not a UBO, and up to four UBOs
If you are a sole trader registered in the EEA, then you need to provide the following information:
- your first and last names
- trading name
- your place of birth
- your date of birth
- registered address
- proof of identification
Bank account information
You will 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, then you need to provide the following information:
- IBAN
- Swift BIC
- bank account document
Acceptable document types for verification document uploads
Each uploaded document must meet certain standards in order 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 licence 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 colored (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 of document)
- must be latest available version
|
Bank account document |
|
- 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 of document)
|
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
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