What documents are required to move a payment account to the KYC2 status?

Moving a payment account to the KYC2 status requires the upload of KYC documents in the concerned payment account, as well as their verification by our KYC experts.

Standard documents to be provided depending on the type of payment account are listed below:

NATURAL PERSON/ALONE (ISCOMPANY=NO)
• A valid proof of ID (ex: ID card, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required
• A proof of address less than 3 months old (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) of the payment account holder

• A bank statement (PDF or image format) including first & last name of the account holder as well as IBAN (only necessary for Money-Out transactions)

NATURAL PERSON/JOINT (ISCOMPANY=NO)
• A valid proof of ID (ex: ID card, passport) per payment account co-holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required

• A proof of address less than 3 months old (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) mentioning both co-holders/one proof of address per co-holder otherwise
• A bank statement (PDF or image format) including first & last names of both account co-holders as well as IBAN (only necessary for Money-Out transactions)

COMPANY (ISCOMPANY=YES)
• A valid proof of ID (ex: ID card, passport) of the legal representative of company holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required

• A valid proof of ID (ex: ID card, passport) for each ultimate shareholder owning more than 25% of the company shares. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required
• The latest certificate of incorporation for the company holding the payment account
• The memorandum or articles of association of the company holding the payment account
• An official signed letter from the company legal representative with details of shares (if not in the memorandum)
• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of the company holding the payment account

ASSOCIATION (ISCOMPANY=YES)
• A valid proof of ID (ex: ID card, passport) of one of the legal representatives (president, treasurer, or general secretary) of the association holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required

• A copy of the minutes of the latest general assembly of the association holding the payment account
• A certified true copy by one of the legal representatives of the memorandum or articles of association of the association holding the payment account
• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of the association holding the payment account

SELF-EMPLOYED (ISCOMPANY=YES)
• A valid proof of ID (ex: ID card, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required

• A proof of address less than 3 months old (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) of the payment account holder
• The latest certificate of incorporation of the payment account holder
• A bank statement (PDF or image format) including first & last name as well as IBAN (only necessary for Money-Out transactions) of the payment account holder

ARTISAN (ISCOMPANY=YES)
• A valid proof of ID (ex: ID card, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required

• The latest certificate from the chamber of trade of the payment account holder
• A bank statement (PDF or image format) including first & last name as well as IBAN (only necessary for Money-Out transactions) of the payment account holder

ADMINISTRATION (ISCOMPANY=YES)
• A valid proof of ID (ex: ID card, passport) of the natural person mandated by the administration holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required
• A power of attorney from the administration holding the payment account given to the natural person

• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of administration holding the payment account

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