To ensure compliance with global financial regulations and to maintain a secure ecosystem, xMoney requires specific documentation from all merchants.
Business Documentation
Every merchant must provide the following information and legal documents for their company:
● General Information:
Email Address
Country of Incorporation
Business Sector
Company Legal Name
Company Address
Company Website
● Financial & Legal Records:
Bank Information for settlements
Financial Statements
Business Tax Identification Number (TIN)
Business Proof of Incorporation
Articles of Association
Ultimate Beneficial Owners / Legal Representatives
Documentation is required for all Ultimate Beneficial Owners (individuals who own or control a significant percentage of the business).
● Identity Verification
● Proof of Address
● Source of Wealth Documentation
NOTE: This is not a definitive list. The information and documents requested may vary depending on the business sector, and expected volumes, among others. As the review proceeds, additional elements may be requested.
For any clarification needed, we're always available through [email protected]
If you have any additional questions or concerns on your onboarding journey please reach out to us at [email protected]. We'd love to closely assist you :)