Identification process for the Payment Services

Before the Payment Services can be activated for your account, we need to verify your identity.

The identification process comes in 4 steps:

1. Providing the information of your company.
2. Providing the information of the company representative.
3. If there are any, providing the Ultimate Beneficial Owners of the company.
4. Reviewing and accepting the Terms of Service.

Before starting the process, make sure you:

• Download the Banqup ID app on your smartphone.
  
  • Download it here for iOs.
  • Download it here for Android.
• Have the following documents ready to upload:
  • Extract of national registry
  • Ultimate Beneficial Owners registry
  • National identity card of the company representative (front and back)
  • Passport of the company representative
• Information about the Ultimate Beneficial Owners (who own or control directly or indirectly at least 25% of the company).

Here's a demo of the whole process: