As part of the onboarding, the underwriter needs to complete thorough Anti-Money-Laundering (AML), Know-Your-Customer (KYC) and Know-Your-Business (KYB) checks prior to opening a merchant account for card processing. Per these processes, the following documentation is required. We appreciate your help on providing these documents!
FOR THE INDIVIDUALS (legal representatives, directors, ultimate benefitial owners)
A. Proof of identity for:
- for all director(s); and
- for at least one beneficial owner; and
- for the authorised representatives, if any
B. Proof of address for all in A.
FOR THE BUSINESS
C. Proof of business address (trading address)
D. Payment account details
E. Photos of the business location, ONLY REQUIRED if the business can not be found on Google Maps.
Please ensure that the words can be read on all scanned images and that the documents are valid and unexpired!