Verifying your Business Account (NZ)

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

What type of business are you verifying?

    • A company extract which outlines the share structure of your business
    • A company bank statement displaying company name and establishes cash flow of the company
    • A company address document displaying your place of business
    • 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) 
    • Address documents (a utility bill or bank statement) for all directors and beneficial owners
    • A brief description of business activity and intended purpose for transfers
    • A web address for your website (if available)
    • Trading address
    • Size of your business (number of employees)
    • Do you have a nominee director or a shareholder?
    • What is the volume you expect to send through us per month?
    • Copy of Constitution, and if no constitution, please confirm if you are governed by the Companies Act 1993

    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.

    • 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)
    • 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.