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

#QtyType of DocumentNotesRequired
12Form of IDFor example; Driver’s Permit, Passport, or National ID Card. (both sides)Yes
21Proof of AddressUtility Bill, Bank Statement.
note: Submitted Utility Bill must not be more than 3 months from the date of submission.
Yes
31Certificate of RegistrationCertificate of RegistrationYes
41Source of FundsNo
51Residency Confirmation LetterMust 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
61Business Bank AccountWiPay AccountYes
#QtyType of DocumentNotesRequired
12Form of IDFor example; Driver’s Permit, Passport, or National ID Card. (both sides)Yes
21Proof of AddressUtility Bill, Bank Statement.
note: Submitted Utility Bill must not be more than 3 months from the date of submission.
Yes
31Certificate of RegistrationCertificate of RegistrationYes
41Source of FundsNo
51Residency Confirmation LetterMust 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
61Business Bank AccountWiPay AccountYes

Business Registration Requirements

#QtyType of DocumentNotesRequired
11Business Registration CertificateCertificate of IncorporationYes
21Articles of IncorporationYes
31Notice of DirectorsMost RecentYes
41Notice of AddressMost RecentYes
51Notice of SecretaryMost RecentYes
61Business Bank AccountWiPay AccountYes
     

For the Account Holder

#QtyType of DocumentNotesRequired
11Form of IDFor example; Driver’s Permit, Passport, or National ID Card.Yes
21Proof of AddressFor example; Utility Bill, Bank Statement.
note: Submitted Utility Bill must not be more than 3 months from the date of submission.
Yes
31 (ea)Residency
Confirmation Letter
printed on Proof of Address documentConditional

For the Listed Directors / Shareholders

#QtyType of DocumentNotesRequired
11Form of IDPhoto ID to be submitted for each listed Director/ Shareholder.
For example; Driver’s Permit, Passport, or National ID Card (both sides).
Yes
21Proof of AddressUtility 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
31 (ea)Residency
Confirmation Letter
printed on Proof of Address documentConditional

Business Registration Requirements

#QtyType of DocumentNotesRequired
11Business Registration CertificateCertificate of IncorporationYes
21Memorandum and Articles of AssociationYes
31Annual ReturnMost RecentYes
41Business Bank AccountBank Account must match Registered Business NameYes

For the Account Holder

#QtyType of DocumentNotesRequired
11Form of IDFor example; Driver’s Permit, Passport, or National ID Card.Yes
21Proof of AddressFor 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
31 e/aResidency
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

#QtyType of DocumentNotesRequired
11Form of IDPhoto ID to be submitted for each listed Director/ Shareholder.
For example; Driver’s Permit, Passport, or National ID Card (both sides).
Yes
21Proof of AddressUtility 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
31 e/aResidency
Confirmation Letter
printed on Proof of Address documentConditional

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