Verifying your Business Account (AU)

For companies based in Australia we will require some extra documentation based around the structure of your company and its details.

What type of business are you verifying?

Limited Companies
  • An ASIC company extract which outlines the share structure of your business
  • A company bank statement displaying company name and establishes cash flow of the company
  • Photo identification for all directors and beneficial owners of the business (a beneficial owner is defined as anyone who holds a shareholding of 25% or more)
  • A brief description of business activity and intended purpose for transfers
  • A web address for your website (if available)

Please Note

If 25% or more of your businesses shares are owned by another company, we will also need to complete business verification for this company.

If your shares are partially or fully held by a trust, unfortunately we will be unable to process transfers on behalf of your company.

Sole Traders
  • A copy of your self assessment tax return showing you are self employed
  • A business bank statement showing your trading name
  • Details of GST registration (if applicable)
  • Confirmation of your ABN
  • A web address for your website (if available)
  • A few sentences describing your business activities and the nature of your transfers and relationship with the recipient.
 

 

Not registering on behalf of a company?

If you are not registering as a business, you will need to meet the personal verification requirements.

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