Preparing KYC Material for a Business

This article details documents that are required for organisations to open an account with Airwallex if your business is registered outside of Australia, China, Europe, Malaysia, Singapore, Hong Kong (China), the UK, the US or Canada.

To set up this kind of account, you may need to prepare the documents below:

  • Certificate of incorporation
  • Supportive Business Documents (if applicable)
  • ID of UBO (if applicable)
  • ID of Authorised Person (if applicable)

Please ensure the image is clear and readable. The file shall not exceed over 10MB, limited to {PDF、Word、JPG、JPEG、PNG、BMP} 

 

1. Business Information

Certificate of incorporation

Sample:

 

Supporting Business Documents

1) Company’s memorandum and articles of association which evidence the powers that regulate and bind the company; and
2) Details of the ownership and structure control of the company, e.g. an ownership chart.

 

2. Personal Information

 

Ultimate Beneficial Owner (UBO)

Ultimate Beneficial owner refers to an individual who owns or controls, directly or indirectly, including through a trust or bearer shareholding, more than 25% of the issued share capital of the corporation.

Authorised Person

Authorised Person is authorised to act on behalf of the business.

Personal ID

Please provide images for government issued official ID with photo, such as passport, national ID or driver licence (if applicable). 

Note: Please keep the ID photo clear, with complete edges, no occlusion, no reflection, no watermark, etc. and, it is recommended to lay the document flat and shoot vertically in a well-lit place.

Some valid ID examples are provided below:

1) Passport - All Countries

 

hk_passport.png

2) National ID - e.g.HONG KONG PERMANENT IDENTITY CARD

Please note: If your Hong Kong Identity Card is a Non-Permanent one, please provide your passport instead.

3) Driver's License - e.g. Australian Driver Licence

AU_id_FR.jpg

AU_ID_ba.jpg

Please note if UBO, or Authorised person is a Chinese citizen, only  Chinese Resident Identity Card is acceptable, and both front and back side needed.

Chinese Resident Identity Card sample:

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