23.11.2021


Disclaimer : This financial promotion is intended for retail clients. Please note that this information is of a general nature only and is not intended to address the specific circumstances of any particular entity. Also please be aware that this information is not necessarily comprehensive, complete, accurate or up to date. Collect & Pay is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information published by Collect & Pay relates to your unique circumstances. Licence #AFSA-G-LA-2020-0005 with expiry date of 23.04.2022. Please learn more about the regulatory status of Collect & Pay : www.collectnpay.com.

Collect & Pay is one of the biggest fintech start-ups working on simplifying payment processes and opening accounts for its customers. You cannot imagine that your account can be opened within 2-3 business days having all the needed documents.

1 . To open a Business account with Collect & Pay, fill out the Corporate account application form at: https://platform.collectnpay.com/fo/index.php?request=corporate

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  2. In order to complete the Business account opening process, you need to provide us with the following documents:

    Constitutional documents (such as a certificate of incorporation, memorandum and articles of incorporation/association, certificate of good standing) indicating:

    full name (including former names); registration/business identification number; registered address (and place of business, if different); business activity; telephone number; date of registration; place of registration; web-page of the Company.

     

    Public register of the Company indicating:
    registered address (and place of business, if different) directors of the Company; shareholders of the Company; main business activities of the Company; Utility Bill indicating place of the business of the Company; License or Legal opinion; Register of Shareholders; Register of Directors; Source of Wealth and Source of Funds Company’s Bank Statement; Contracts with Customers; Contracts with Suppliers; Invoices.

    Documents of Company’s beneficial owner:
    If Customer’s beneficial owner is legal entity: Constitutional documents of the Company’s beneficial owner; Public Register of the Company’s beneficial owner indicating; registered address (and place of business, if different) directors of the Company’s beneficial owner; shareholders of the Company’s beneficial owner; main business activities of the Company’s beneficial owner; Utility Bill indicating place of the business of the Company’s beneficial owner; Register of the Directors; Register of the Shareholders.
    If Company’s beneficial owners’ managers, beneficial owner is individual: Colored Passport; Bill confirming address of the individual no later than 3 months; CV or Resume; LinkedIn profile.Documents of Company’s managers:
    Colored Passport; Bill confirming address of the individual no later than 3 months; CV or Resume; LinkedIn profile.

  3. All documents must be certified except the Collect & Pay Application form. Certification can be done by a notary, qualified accountant, lawyer, bank officer or police officer. Collect & Pay must have sufficient details to be able to contact the certified to confirm that they are qualified and have carried out the certification.

 

       If you have any questions contact us and our account manager will contact you shortly – [email protected]

 

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