Know Your Customer (KYC) Table

Personal Accounts

Our sign-up process will register you for a WiPay Personal UnVerified account. This means that there are some features that you will not be able to access. To get access to all of our WiPay services, you will need to upgrade to a WiPay Personal Verified account. Don’t worry, the upgrade process is completely free! You will, however, need to submit documents for us to upgrade your account. These documents are as follows:
# Qty Type of Document Notes Required
1 1 Form of ID For example; Driver’s Permit, Passport, or National ID Card. Yes
2 1 Proof of Address For example; Utility Bill, Bank Statement. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 Residency Confirmation Letter Must be completed if the name printed on the Form of ID document does not match the name printed on the Proof of Address document. Conditional
4 1 Personal Bank Account Bank Account must match the name of the applicant. The information is to be entered on your WiPay Account Yes
Once you’ve signed up, you can submit these documents at anytime and you will receive notification via email. For now, let’s get you started with a quick and easy account.

Business Accounts

# Qty Type of Document Notes Required
1 2 Form of ID For example; Driver’s Permit, Passport, or National ID Card. (both sides) Yes
2 1 Proof of Address Utility Bill, Bank Statement. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 Certificate of Registration Certificate of Registration Yes
4 1 Source of Funds No
5 1 Residency Confirmation Letter Must be completed if the name printed on any Form of ID document does not match the name printed on the Proof of Address document. Conditional
6 1 Business Bank Account WiPay Account Yes
# Qty Type of Document Notes Required
1 2 Form of ID For example; Driver’s Permit, Passport, or National ID Card. (both sides) Yes
2 1 Proof of Address Utility Bill, Bank Statement. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 Certificate of Registration Certificate of Registration Yes
4 1 Source of Funds No
5 1 Residency Confirmation Letter Must be completed if the name printed on any Form of ID document does not match the name printed on the Proof of Address document. Conditional
6 1 Business Bank Account WiPay Account Yes
Business Registration Requirements
# Qty Type of Document Notes Required
1 1 Business Registration Certificate Certificate of Incorporation Yes
2 1 Articles of Incorporation Yes
3 1 Notice of Directors Most Recent Yes
4 1 Notice of Address Most Recent Yes
5 1 Notice of Secretary Most Recent Yes
6 1 Company Annual Return Most Recent
7 1 Business Bank Account WiPay Account Yes
For the Account Holder
# Qty Type of Document Notes Required
1 1 Form of ID For example; Driver’s Permit, Passport, or National ID Card. Yes
2 1 Proof of Address For example; Utility Bill, Bank Statement. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 (ea) Residency Confirmation Letter printed on Proof of Address document Conditional
For the Listed Directors / Shareholders
# Qty Type of Document Notes Required
1 1 Form of ID Photo ID to be submitted for each listed Director/ Shareholder. For example; Driver’s Permit, Passport, or National ID Card (both sides). Yes
2 1 Proof of Address Utility Bill or Bank Statement to be submitted for each listed Director/ Shareholder. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 (ea) Residency Confirmation Letter printed on Proof of Address document Conditional
Business Registration Requirements
# Qty Type of Document Notes Required
1 1 Business Registration Certificate Certificate of Incorporation Yes
2 1 Memorandum and Articles of Association Yes
3 1 Annual Return Most Recent Yes
4 1 Business Bank Account Bank Account must match Registered Business Name Yes
For the Account Holder
# Qty Type of Document Notes Required
1 1 Form of ID For example; Driver’s Permit, Passport, or National ID Card. Yes
2 1 Proof of Address For example; Utility Bill, Bank Statement in Account Holder’s name. note: Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 e/a Residency Confirmation Letter Must be completed if the name printed on the Form of ID document does not match the name printed on the Proof of Address document. Conditional
For the Listed Director
# Qty Type of Document Notes Required
1 1 Form of ID Photo ID to be submitted for each listed Director/ Shareholder. For example; Driver’s Permit, Passport, or National ID Card (both sides). Yes
2 1 Proof of Address Utility Bill or Bank Statement to be submitted for each listed Director. 2. Submitted Utility Bill must not be more than 3 months from the date of submission. Yes
3 1 e/a Residency Confirmation Letter printed on Proof of Address document Conditional

Business Registration Requirements

#QtyType of DocumentNotesRequired
11Registration DocumentConfirmation letter from Ministry OR the Act of Parliament for an AssociationYes
21Bank AccountBank Account must match School’s / Association’s registered name.Yes

For the Account Holder (Principal / President)

#QtyType of DocumentNotesRequired
12Form of IDFor example; Driver’s Permit, Passport, or National ID Card.Yes
21Proof of Address
  • Utility Bill or Bank Statement
  • Submitted Utility Bill must not be more than 3 months from the date of submission
Yes
31 eaResidency
Confirmation Letter
Must be completed if the name printed on the Form of ID document does not match the
name printed on the Proof of Address
document.
Conditional

For the listed Vice Principal / Vice President & Treasurer

#QtyType of DocumentNotesRequired
11 eaForm of IDPhoto ID to be submitted for each listed Director/ Shareholder.
For example; Driver’s Permit, Passport, or National ID Card (both sides).
Yes
21 eaProof of Address
  • Utility Bill or Bank Statement
  • Submitted Utility Bill must not be more than 3 months from the date of submission
Yes
31 eaResidency
Confirmation Letter
Must be completed if the name printed on the Form of ID document does not match the name
printed on the Proof of Address document.
Conditional